China's Economy Faces Dead-End as Government Policies and Excessive Control Stifle Growth
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#87b59fc6 ver:0.19

China's economy faces a dead-end due to excessive government control and erratic policies, stifling growth and causing a decline in consumer spending, exports, and industrial expansion. Experts recommend loosening control on the private sector and promoting consumption, but the government resists. However, economist Jeffrey Sachs believes China's innovation and low-cost production of key goods position it for sustainable development. The decline in China's economy has global consequences, but policymakers can mitigate harm through government borrowing and spending. China must address competition among localities and re-establish Hong Kong's role as a financial center for growth. China's economic crisis deepens, with predictions of more repression and isolation....

#newstr #China #EconomicDecline #ReformAndOpendoorPolicy #StrategicGoals #GeopoliticalImplications 

 https://here.news/story/87b59fc6?ver=0.19