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There are also internal political and economic challenges facing several countries. Chinese leaders face not just an aging population and an abundance of men over women (both related to years of imposing a one-child limit on families, something that led many to opt for boys) but also widespread corruption, environmental degradation, and an economy
... See moreRichard Haass • The World
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dealstorage.ams3.digitaloceanspaces.comAccording to a March 2024 action plan, the Ministry of Commerce, together with other Chinese government agencies, has offered subsidies to consumers who trade in old automobiles, home appliances, and fixtures for new models. On paper, the plan loosely resembles the “cash for clunkers” program that Washington introduced during the 2008 recession to
... See moreZongyuan Zoe Liu • China’s Real Economic Crisis
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