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Bloomberg Businessweek Weekend - August 18th, 2023
Bloomberg Businessweek
China's Economic Transition and Challenges
13min Snip
00:00
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The chapter explores the current state of China's economy and its transition from an investment and debt-driven model to one focused on household consumption. It discusses the challenges China is facing, including confidence among households and companies, as well as the impact of the Chinese Communist Party's control over the economy. The chapter also addresses the implications of Apple supplier Foxconn ramping up production in India and the concern over deflation in China.
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