Breaking down the 'China Collapse' theory with Jeffrey Sachs
Автор: CGTN
Загружено: 2024-12-10
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For decades, some Western media have forecasted China's economic collapse, citing challenges like slowing growth, real estate woes, and rising debt. Yet, China's economy remains a global powerhouse, lifting millions out of poverty and becoming the world's second-largest economy. Is the "China collapse theory" rooted in facts, or is it a misunderstanding of China's unique development path? How has China's success reshaped economic narratives, and can it sustain growth amidst increasing challenges? Liu Xin speaks to Professor Jeffrey Sachs, a renowned economist and director of the Center for Sustainable Development at Columbia University.
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