AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
China's Economy: Consumer Demand vs State Support
The hosts discuss the implications of China's economy being driven by consumer demand versus state support for industries like semiconductors and electric vehicles. They explore concerns of wealth forism and the potential consequences of government dependence. The chapter also examines the differences between the development models of Latin America and China and discusses the shift to consumption-based service industries in China.