Michael Covel's Trend Following cover image

Ep. 923: Weijian Shan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Differences Between China and the United States

The word communism is really difficult for Americans to wrap their arms around because it goes back to Cold War, USSR, etc. If you look at the Chinese economic system, it's more capitalistic than the United States. To a large extent, China is at an early stage of capitalism. In practice, in my view, China is doing everything in line with the market economy. They would say that market is the decisive force for allocation resources.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app