China's Economic Achievement in Recent Years Is AnExceptional Phenomenon

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China is not transforming the world system and flattening its hierarchies, but instead is intensifying these peripheral countries reliance on primary good exports. The problem of over production actually got wasen with entering of china. So in the endteerise of gigantic china itself creates more difficulty for other countries to exactly repricate china model.

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. Support this podcast at Patreon.com/TheDig