2023: The year China's economic miracle ended
1 big thing
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China's Evolving Role in the Global Economy
This chapter explores how China has transitioned from being the 'factory of the world' to focusing on emerging technologies and increasing the value of its production chains. It discusses the importance of China's market for American companies and the challenges they face in operating within it. The chapter also considers the impact of the pandemic, as well as the potential economic consequences of China's shrinking population due to its one child policy.
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