When china's construction boom boom fizzled out after two thousand ten, its demand for commodities fell. And many commodity exporters buied by the china boom experienced a slow down or even recession. The economic crises in brazil and venezuela are cases in point. Excite because one bi reason is that e, the end of thisa chinas a investment boom create a huge pressure on these commodities, a exporte returning to us.
The second of our two-part interview with sociologist Ho-fung Hung on Chinese political and economic history. This episode covers the 2008 financial crisis, how China’s response deepened global and domestic economic imbalances and (alongside the US) heightened geopolitical conflict, the current situation—including Russia’s invasion—and a lot more. Listen to part one first if you haven't already.
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