Are the Chickens of China’s State Capitalism Coming Home to Roost? It was too good to be true. China’s economic growth powered by its exports sector delivered annual rates of real growth between 10% and 14% for years together in the 1980s and 1990s. Something the world watched with awe and admiration, as the Middle Kingdom surged to become the world’s second largest economy in GDP terms. The recent travails of the Chinese economy since the 2008 Financial Crisis and the Covid-19 pandemic have put the brakes on its economic growth, and perhaps some of it could have been avoided.

My thoughts on the problems that China's form of state capitalism might be creating for its economic growth.

#ChineseEconomy
#StateCapitalism
#WeakConsumptionDemand
#HighTechExports
#PriceWars