Final up to date 8/09/24
Each every so often, (and typically every day) I take heed to an important podcast, get pleasure from an article, or see a great video that I wish to share with you.
I like to think about them as my e-links.
Friday’s e-links 8/09/24
Since we haven’t targeted on China for some time, I wished to have a look. My first cease was the Adam Posen article, “The End of China’s Economic Miracle.” Unable to entry the gated article, as an alternative, I went to a PowerPoint that summarized his concepts. Seeing the emphasis on plunging shopper confidence, extra state interference, and fewer overseas funding, we acquired a motive that China’s development might stoop. From there, I went again to an Axios podcast. It added one-child and the newly surging function of SOEs (state-owned enterprises). Nevertheless, in order for you only one briefer article to sum all of it up, that is it. Its conclusion was thought-provoking:
“Mao Zedong once said that in an uncertain world, the Chinese must “’Dig tunnels deep, store grain everywhere and never seek hegemony.’ That sort of siege mentality is coming back.”
