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Countries should be led by economists, not scientists/engineers. The Chinese economy is one giant mess. Too many imbalances, over-investments and bubbles. The
by dimmuborgir 15y ago
Countries should be led by economists, not scientists/engineers.
The Chinese economy is one giant mess. Too many imbalances, over-investments and bubbles. The spectacular 10% GDP growth rate was possible mainly because of bullying i.e., artificial depreciation of yuan giving unfair advantage to Chinese exporters.