10min chapter

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Deep Tech VC On AI, Chips, and US-China Competition

ChinaTalk

CHAPTER

Xi Jinping's Economic Ideology and China's Future

This chapter critiques Xi Jinping's opposition to consumer stimulus measures and debates the potential for China to evolve into a consumer-driven economy. It examines the historical and ideological barriers that hamper equitable wealth distribution, the rise of the real estate market, low consumer spending, and the need for a shift towards a more robust service industry.

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