China’s Economy Cannot Export Its Problems Away
https://www.project-syndicate.org/onpoint/china-exports-boom-papering-over-economys-structural-deficiencies-by-alicia-garcia-herrero-and-alessio-terzi-2024-05
China continues to treat only the symptoms, rather than the underlying cause, of its economic malaise. It ought to be doing whatever it can to increase domestic consumption and reduce excessive savings; instead it is relying on export markets in a world that is quickly abandoning free trade.
https://www.project-syndicate.org/onpoint/china-exports-boom-papering-over-economys-structural-deficiencies-by-alicia-garcia-herrero-and-alessio-terzi-2024-05
China continues to treat only the symptoms, rather than the underlying cause, of its economic malaise. It ought to be doing whatever it can to increase domestic consumption and reduce excessive savings; instead it is relying on export markets in a world that is quickly abandoning free trade.