Trade Policy Isn't Driving China’s Trade Surplus | Matthew Klein
Monetary Matters with Jack Farley
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Economic Disparities and Reform Challenges in China
This chapter examines how government policies in China have contributed to widening income inequality, hindering income growth for ordinary citizens despite economic expansion. It addresses the structural issues within the financial system, such as high household debt and low taxation on wealthy corporations, while also questioning the effectiveness of current trade practices. The chapter highlights the vested interests preventing necessary economic reforms and the implications for both domestic consumers and international trade relations.
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