
How China Escaped Shock Therapy w/ Isabella Weber
The Dig
00:00
How China's Economic System Has Changed Significantly Since the 19 Eighties
The 19 eighties was a moment of in openness. It was not clear what was going to come next. At the same time, i think that the situation to day is quite drastically different from the situation in the 19 eighties iso many ways. So yes, china's chili pepo capital is still a very low compared to the united states. And i just saw an estimate from larry low's book on am us china trade war that suggests that, based on his projections, an the er chinese chilipepe capita may catch up with the american one sometime in the late 20 first century. This is talking another 80 years or so. But nevertheless, the position
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