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Navigating China's Economic Landscape
This chapter explores the intricacies of the Chinese economy, focusing on low domestic consumption, high savings, and the government's investment strategies. It examines the global implications of currency usage in light of sanctions against Russia and the yuan's limitations as a global currency. Additionally, the discussion includes the impact of potential U.S. election outcomes on trade policy, highlighting contrasting approaches to globalization and recommendations for industrial policy alignment with Europe.