China’s Mercantilism Is a Recipe for Stagnation
China is not on track to catch up with the wealthy West. The Chinese state’s commitment to highly interventionist mercantilist policies is leading to debt, malinvestment, and stagnation
China is not on track to catch up with the wealthy West. The Chinese state’s commitment to highly interventionist mercantilist policies is leading to debt, malinvestment, and stagnation
Leave a Reply