The Quiet Rise of Chinese Innovation

Tags: Big Government, Global Economy, War and Foreign Policy

07/21/2026 Kevin Duffy

The US government continues to drag down the economy with its reckless wars and massive debt accumulation. On the other side of the globe, China is pursuing a different path.

Original article: https://mises.org/mises-wire/quiet-rise-chinese-innovation

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Get Your July Rothbard Giveaway Book! The Origins of the Federal Reserve

The Quiet Rise of Chinese Innovation