Attention Economy


Wednesday, February 28, 2024

China's Private Sector Lacks Confidence

Why Is China Stalling Out?
https://www.project-syndicate.org/commentary/china-private-sector-losing-confidence-unemployment-high-investment-waning-by-catherine-tai-and-renee-luo-2024-02
A mere decade ago, many observers anticipated that private businesses would soon be able to thrive in China. But that hope has been shattered, confronting the regime with a choice between abandoning its ideology-led approach and accepting a prolonged period of economic underperformance and stagnation.