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Contrary to popular belief, China's economy depends much less on central planning than in the past. China is strong in EV development, and the success is due not to government subsidies and direction but to plain good economics.
Original article: China’s competitiveness is driven by low taxation, not by industrial policy
By Mises Institute4.7
9393 ratings
Contrary to popular belief, China's economy depends much less on central planning than in the past. China is strong in EV development, and the success is due not to government subsidies and direction but to plain good economics.
Original article: China’s competitiveness is driven by low taxation, not by industrial policy

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