The beginning of the end for the “Chinese dream”
Updated: Jun 22
The Chinese economy is a paradox for many in the West. The People's Republic has been able to continuously raise living standards and its economic output since the 1980s, with a Communist Party practically helping to steer the biggest economic boom in the history of modernity. However, looking deeper into the sources of its economic growth, the enormous capital accumulation that helped China to reach its current state in the world economy could soon lead to a slowdown of its economic growth and the end of the "Chinese dream"