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Why China's Economy is Falling Apart

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Explained with Dom

For a long time, the story of China’s rise was flawless. An incredible transformation of the whole country. A new economic model challenging the Western liberal capitalism. Hundreds of millions of people lifted out of poverty. And China becoming the new global superpower, with growing influence around the globe and on its way to replace the United States as the world’s biggest economy.

But lately, things have seemed kind of…different.

00:00 Intro
01:31 From Rags to Riches
03:58 The Price of Success
10:09 The Economic "Perfect Storm"

posted by gytelaist5w