China Shock 2.0
Chris Chappell reports that after a pretty bleak few years for the Chinese economy, the CCP may have a remedy: China Shock 2.0!
Chappell says it’s a strategy China used in the early 2000s, employing its cheap manufacturing and massive government subsidies to flood global markets with cheap crap. “That would essentially let China out-compete every country on Earth, driving money back into the Chinese economy.” He explains further and discusses the global backlash.
