It's funny. I'd generally be more skeptical of an essay coming out of China because of China's ideological control. Few authors will argue contrary to the offic

It's funny. I'd generally be more skeptical of an essay coming out of China because of China's ideological control. Few authors will argue contrary to the official narrative. That said, here's another perspective on China's recent rise, translated from Chinese: > The argument is simple: when China joined the world economy in the reform and opening era, capital flocked to China to take advantage of low-wage labor and what Qin calls China’s “low human rights advantage,” i.e., the state’s commitment to development at any cost (land-confiscation, suppression of workers’ rights, exploitation of migrant workers, etc.). Over time, China became the “world’s factory,” producing quality goods at low prices, at the expense of jobs and tax revenues in the developed world previously inhabited by the capital that had now fled to China. Despite a surplus of capital and increasingly frequent labor shortages, the naked power of the Chinese state keeps the machine running, lending the profits back to the developed economies so that the “exchange” can continue. Such debts only intensify the crisis of the developed world, as governments are already attempting to supply more “welfare” to increasing numbers of unemployed despite a fall in tax revenues. https://www.readingthechinadream.com/qin-hui-dilemmas.html https://www.readingthechinadream.com/qin-hui-dilemmas.html