The Enduring Nature of China’s Economic Woes

(Opinion) Many believe that China’s economic hurdles are merely short-term setbacks. This perspective, however, ignores the long-lasting issues affecting the world’s second-largest economy. Firstly, let’s focus on the concept of destiny. According to research by U.S. economists Lant Pritchett and Larry Summers, nations rarely sustain rapid growth for extended periods. Notably, established economies like South […]

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