Domestic Focus, Export Strategy
The discussion highlights China's shift towards a dual circulation model, emphasizing domestic production over export-led growth. Adam points out that while the country is a major player in the electric vehicle market, most of its production is consumed internally. The narrative suggests that the surge in exports is more a result of corporate desperation rather than a deliberate policy aimed at fostering export-led growth.In this clip
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Odd Lots
Adam Tooze on the Big Misconceptions of the Chinese Economy
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