China’s Economic Transformation: Crisis or Opportunity?
Introduction: The “Recession” We Keep Hearing About Over the past year or two, whether at social gatherings or industry conferences, conversations about the economy have been overwhelmingly pessimistic: “The economy is failing.” “Physical retail is dying—stores are closing everywhere.” “Manufacturing is brutal—price wars are crushing both owners and workers.” “Consumption is downgrading—luxury goods aren’t selling, […]
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