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Why Chinese Economy Is Heading For Stagnation, Not Collapse

Geopolitics Decanted by Silverado

CHAPTER

Corruption, Ghost Cities, and the Chinese Economy

This chapter discusses the issue of corruption and central planning in the Chinese economy, highlighting the impact on resource allocation and the phenomenon of ghost cities. It compares the housing sector in China to that of Spain and raises questions about the potential disastrous effects on the Chinese economy. The chapter also explores the deflationary effect of China's economy on other countries and the implications for global inflation.

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