Mises Wire
Author:
Peter St. Onge
Online Publish Date:
China’s authoritarian gerontocracy has built a Doom Loop with Chinese characteristics, with over half the economy now crashing. Chinese exports are now plunging at the fastest pace since the covid lockdowns: Exports fell 14.5% on the year, driven by a 21% drop in exports to Europe and a 23% drop to the US. Meanwhile, imports to China are also