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COVID-19’s Long Shadow, Part 3

Ones and Tooze

CHAPTER

China's Transition to a Consumption-Based Economy

Exploring China's shift from an investment-based growth model to a consumption-focused economy, drawing comparisons to historical instances like post-war transformations in East Asian economies. The chapter delves into China's evolving manufacturing sector, emphasizing the shift in wages and productivity, and discusses the country's leadership in the global energy transition, focusing on renewable energy investments and potential geopolitical implications.

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