Wealthion - Be Financially Resilient

Wealthion’s Best Of 2025: China Has ‘Leapfrogged’ the West | Louis-Vincent Gave

Dec 23, 2025
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INSIGHT

China's Industrial Leapfrog

  • China has shifted from a 20-year real-estate model to industrial leadership across many sectors.
  • Louis-Vincent Gave says China now often produces higher-quality goods at much lower costs than the West.
INSIGHT

Hunger Games Of Chinese Capitalism

  • Chinese industrial policy uses directed local financing to birth many firms, then lets competition select winners.
  • Gave describes this as 130 funded EV makers that fight until a few dominant players remain, lowering prices for consumers.
INSIGHT

Where China's Surplus Is Going

  • China's trade surplus has surged to roughly $1–1.1 trillion and recycles into gold, offshore deposits, and Chinese government bonds.
  • Gave links falling Chinese bond yields and rising Hong Kong USD deposits to entrepreneurs' lack of confidence and reserve recycling.
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