https://archive.md/2021.11.09-212822/https://www.bloomberg.com/opinion/articles/2021-11-09/china-s-economic-model-is-probably-broken
https://archive.md/2021.11.09-212822/https://www.bloomberg.com/opinion/articles/2021-11-09/china-s-economic-model-is-probably-broken
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And they got to the other side of the crash without electing a Reagan and ripping up their social safety net, which is nice for them.