Joseph Sternberg details China's economic "pickle," resulting from the property bubble collapse and failure of its export-led model. The subsequent glut of goods risks deflation, which Beijing calls "involution," dangerously exacerbating vast debt problem
Oct 08, 01:21 AM
Share
Subscribe
Joseph Sternberg details China's economic "pickle," resulting from the property bubble collapse and failure of its export-led model. The subsequent glut of goods risks deflation, which Beijing calls "involution," dangerously exacerbating vast debt problems. He notes that Xi Jinping resists market-led "creative destruction," prioritizing state control. Sternberg then analyzes London protests, concluding they are motivated by anti-Semitism and anti-Israel sentiment, irrespective of the Gaza peace talks. PM Starmer calling the protests "unbritish" reflects the government's difficulty in addressing these issues legally
1910 HALIBUT ALASKA
1910 HALIBUT ALASKA