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China has been conjuring demand for concrete buildings for 7 years. IMO "stoking internal demand" is harmful to the economy. There's always demand for what peo
by meric 11y ago
China has been conjuring demand for concrete buildings for 7 years. IMO "stoking internal demand" is harmful to the economy. There's always demand for what people really want. Clean air, comfortable, affordable, living spaces with readily access to transportation to quickly travel to where other people are, good food, etc.
But then again, China can't step back from the current structure of the economy without risking collapse, which would endanger the Party's power.
- deleted 11y ago[deleted]