Thinking about the global economy with Martin Wolf
The Economics Show
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Challenges in Assessing the Chinese Economy
This chapter delves into the macroeconomic imbalances driven by high national savings rates, the issues of international competitiveness amidst protectionism, and the political dynamics, especially regarding the private sector in China. Concerns are raised about the collapse of the real estate bubble, China's investments in green economy and manufacturing, potential trade disputes with the West, and the shift towards a more inward-looking stance in the current administration.
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