Is China's economy really imploding, or is it evolving? This new piece by CAPS faculty member, Professor Jeremy Wallace, sheds light on China's economic complexities, from struggling real estate investments to booming electric vehicle and solar energy sectors. Despite concerns, most economists predict a 3-5% growth for China this year. While some sectors face challenges, others like EVs and solar are experiencing unprecedented growth, signaling a possible shift toward a greener economy.
Check out Professor Jeremy Wallace's article at https://heatmap.news/economy/china-real-estate-evs-solar
