China’s Inefficient and Unsustainable Central Planning

Tags Economic PolicyGlobal EconomyU.S. Economy

11/17/2023Antonio Graceffo

Narrator:

China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms.

Original Article: China’s Inefficient and Unsustainable Central Planning

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Author:

Contact Antonio Graceffo

Antonio Graceffo, Ph.D., has spent more than 20 years in Asia. He earned a PhD. at Shanghai University of Sport, holds a China-MBA from Shanghai Jiaotong University, and studied national defense at American Military University. Graceffo works as an economics professor and China economic analyst, writing for various international media. Some of his books on China include "Beyond the Belt and Road: China’s Global Economic Expansion" and "A Short Course on the Chinese Economy."