How China's Economic Miracle Went Off the Rails
Plain English with Derek Thompson
00:00
China's Economic Transformation and Global Tensions
This chapter examines the escalating geopolitical tensions between China and Taiwan, framed by a recent summit between President Biden and China's leader. It explores China's remarkable economic growth and subsequent challenges, including high youth unemployment and a debt crisis exacerbated by excessive infrastructure investments. The discussion contrasts China's traditional manufacturing-focused approach with Western priorities in technology and economic strategy, raising questions about future leadership directions amidst growing internal and external pressures.
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