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    1. Forsaken-Guitar4480 on

      SS: Economists at Renmin University and the Chinese Academy of Sciences estimate that China-to-India „industrial transfer could lead to a 15.6% reduction in China’s GDP, a 16.8% decrease in the overall income of the workforce, and a reduction in the number of employed people by 110 million“. The authors recommended that to alleviate this, Chinese leadership should invest further in domestic laggards as well as coordinate technology transfers to reduce the risks of manufacturing outflow. Much of the recent export controls the Chinese government has been leveraging along with the attempts at internal industrial stimulus align with the strategies proposed in the paper.

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