China's economy is rotting from the head

BOSTON  —  China highlights a long-debated question about economic development: Can a top-down autocracy outperform liberal market economies in terms of innovation and growth?Between 1980 and 2019, China’s average annual GDP growth rate was over 8 per cent, faster than any Western economy, and in the 2000s, its economic trajectory exceeded mere catch-up growth (using Western

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