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China’s export mercantilism is bad for everyone

China has embraced dependency on exports as the cornerstone of its economic policy. Mercantilism benefits the Chinese Communist Party and its absolute ruler, Xi Jinping. But it damages the domestic economy and reduces the prosperity of its people. Moreover, Chinese mercantilism harms the global economy, including the economy of the United States. Chinese mercantilism is characterized by […]

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Washington ExaminerLean R·1h ago
China’s export mercantilism is bad for everyone
China has embraced dependency on exports as the cornerstone of its economic policy. Mercantilism benefits the Chinese Communist Party and its absolute ruler, Xi Jinping. But it damages the domestic economy and reduces the prosperity of its people. Moreover, Chinese mercantilism harms the global economy, including the economy of the United States. Chinese mercantilism is characterized by […]
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China’s export mercantilism is bad for everyone

How 1 sources are covering this