Over last half century China has seen industrial growth as never before in history. BUT peak level of manuf in GDP was actually reached in 1980 before reforms really kicked in! Services have offset ag decline in gigantic growth boom.
Crucial graph from @andrewbatson at @Gavekal https://t.co/8h1gDUxvCt
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…