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John Ross: "The West Can’t Kill China, So It Wants China to Commit Suicide"
Published 1 week, 1 day ago
Description
China entered its 14th Five-Year Plan leading in hardly any industry. It came out leading the world in batteries, EVs, drones and biotech. I am joined by economist John Ross of Renmin University's Chongyang Institute to explain how. The answer is not a miracle ingredient but a high and steady rate of investment. Ross explains why the Western push for China to consume more and invest less would derail its technological rise, and why the US, now the world's largest importer of capital, wants exactly that.