2min chapter

Macro Musings with David Beckworth cover image

Martin Chorzempa on China’s Cashless Revolution and the Rise of Super Apps

Macro Musings with David Beckworth

CHAPTER

Reformers Don't Always Win

I think that there's a view in Washington now that there's no debate in China. But everywhere that I've looked in depth, you find an incredible amount of pluralism. You find these differences of opinion about what is necessary to adapt the system for future needs. And we see this innovation thrive under an authoritarian regime.

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