How Deng Xiaoping Solved China’s Trade Problem—and What America Can Learn from Him
nationalinterest.org
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How Deng Xiaoping Solved China’s Trade Problem—and What America Can Learn from Him
Saved by Aman
China’s leaders know this very well, of course, which is why they are unleashing a massive and unprecedented amount of industrial policy spending — in the form of cheap bank loans, tax credits, and direct subsidies — to raise production in militarily useful manufacturing industries like autos, batteries, electronics, chemicals, ships, aircraft,
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