China: Closing for Business? | WHAT REALLY HAPPENED


China: Closing for Business?

Why a chill now? Chinese look across the landscape of their economy today and see much that could be improved. After 30 years serving as the workshop of the world, mainly producing low-value goods for foreign brands and distant markets, they want to move up the value chain.

"People feel that foreign brands have taken too much market share," says Wang Yong, director of the Center for International Political Economy at Peking University.

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