Xi Jinping's Leadership: Where It’s Taken China’s Economy?
August 25, 2024
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18:28Now PlayingXi Jinping's Leadership: Where It’s Taken China’s Economy?
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From 1979 to 2010, China's economic growth outpaced the rest of the world. The Middle Kingdom has been producing insane double-digit GDP growth. China is constantly cited as the fastest growing player. But the trend in recent years has been disappointing.
China's economic miracle has stalled. Behind the facade of impressive megaprojects we see losses, and in the accounting report we see a pile of debts. And the state probably won't help its debtors. It just doesn't have that much money.
In this video, we'll see in numbers how the Chinese miracle is stalling, what capitalist tools have to do with it, and how it will affect us.
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