China and the limits of its ‘engineering state’. With Dan Wang
The Economics Show
00:00
Shifts in China's Economic Landscape
This chapter explores the complexities of the Chinese property market and the ramifications of U.S. sanctions on China's economy. It highlights the government's challenges in promoting consumption through infrastructure while grappling with high youth unemployment and declining employment figures. The discussion also emphasizes China's technological self-sufficiency initiatives and its implications for global industrial competition, particularly with developed nations.
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