Economics Explained

How Chinese Industry Got Too Good Too Fast

Sep 13, 2024
China's transformation from a low-cost manufacturing hub to a leader in advanced industries is explored. The podcast delves into how foreign investment sparked this growth while raising concerns about sustainability. Companies like Huawei face global scrutiny as the U.S. and other nations take legislative action against them. The show also discusses the socio-economic hurdles China faces, including an aging population and rising costs, and examines the implications of its rapid industrial rise on global markets.
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