The Mayor Economy
Nathan Sperber: China’s Mayor Economy, 7 March 2024
“... there is another explanation for economic statism in today’s China. It has to do with the self-propelling dynamic of capital accumulation. The most recent data from China’s National Bureau of Statistics put the number of state-controlled enterprises at 362,000 in 2022 (up from 227,000 in 2013). A recent study cited in Jin’s work, led by an ... ”