What if the article was written by someone from China?
“Zhang Jun is Dean of the School of Economics at Fudan University and Director of the China Center for Economic Studies, a Shanghai-based think-tank.”
What if the article was written by someone from China?
“Zhang Jun is Dean of the School of Economics at Fudan University and Director of the China Center for Economic Studies, a Shanghai-based think-tank.”
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.
If anything, the Chinese government has higher incentive to clamp down the Chinese version as Chinese content has a wider reach and thus higher impact on the local people.
I mean, I know how many contradictory economic opinions are generated by universities where I speak the language and have a reasonable grasp of the economic fundamentals and understand what the various interest groups want. It would be a special form of madness to assume I know anything but the most basic facts about China from a survey of internet articles.
Read the Chinese version then