5min chapter

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This Is Why The China Bubble Never Seems To Pop

Odd Lots

CHAPTER

China's Economic Maneuvering: Ghost Towns and Monetary Policy

This chapter delves into China's monetary policies through the lens of modern monetary theory, examining strategies to manage its debt bubble and capital misallocation. It includes a striking example of local governments revitalizing ghost cities by relocating residents, showcasing the government's unique economic influence.

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