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Investing For A Recession-Free Future | Vincent Deluard on Secularly-High Inflation, China’s Currency Crisis, and The Long-Term Debt Cycle
Forward Guidance
The Pitfall of Export-Driven Economy
The success of China's export-driven economy has led to dominance in various markets. However, this model has caused dependencies on low-cost commodities and external factors like large trade surpluses, hindering growth of the domestic consumption sector. Prominent economists argue that China needs to shift focus towards boosting consumption and the private sector to prevent overreliance on exports and potential economic vulnerabilities.
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