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China Boom w/ Ho-fung Hung

The Dig

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The Flying Geese Formation

Prior to the china boom, east asia's booming export economy was structured as a so called flying geese formation. The four tigers produced components that were assembled in japan which then manufactured and exported the highest value added goods. In the liny nineties, there's he economis article called apen appende breakthe formation, meaning that there's a car to encumber wit. So it is a sign of centric leadwork, and its centre on china. Of course, that the more recent trade war and everything else is trying t It i is about to transform that, but is stol what it is transforming into.

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