Debunking China’s Economic Miracle
Fergus Hodgson, October 22, 2018 
Depending on who you listen to, China is either poised to become a superpower or a disaster waiting to fall under its own weight.
For Valentin Schmid, both scenarios are overrated. A business editor with the Epoch Times—the premier international media outlet on China—he doesn’t see Beijing becoming the center of the world or collapsing.
He argues that the alleged Chinese economic miracle is anything but, and that downright cronyism is ultimately behind many investment and diplomatic moves.
The Chinese Communist Party’s centrally planned investments are seldom productive or efficient. (Wikimedia)
Recommended Links
- Visit the Epoch Times and Valentin’s archive.
- Listen to Valentin at the Korelin Economics Report.
- Watch Bold TV.
If You Liked This Episode
- “Don’t Fall For The Trade-War Storm In A Teacup,” Golden Opportunities article by Fergus Hodgson.
- “The Venezuela the Media Won’t Report,” Gold Newsletter Podcast.
- “Warning to America from the Third World,” Gold Newsletter Podcast.
Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.