The difficulty the U.S. faces in its current attempts to damage China’s economy was analysed in detail in the article “The U.S. is trying to persuade China to commit suicide”. Reduced to essentials, the U.S. problem is that it possesses no external economic levers powerful enough to derail China’s economy.
Correct, all the core economy in China is publicly owned, and capitalists are not the class that holds power. Nordic system is a capitalist economy with generous social services.
Correct, all the core economy in China is publicly owned, and capitalists are not the class that holds power. Nordic system is a capitalist economy with generous social services.