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The Global Ramifications of China’s Economic Crisis

Whilst Britain’s Labour government continues its war on the price mechanism, Communist China wrestles with the ill effects of an extreme capitalist competition that it has unleashed across its own economy. State subsidies to various industries have encouraged such fierce price wars that margins have disappeared as quickly as protesters in Tiananmen Square, and left a glut of products unable to be absorbed by domestic consumers. Bulldozing throu…
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Spectator Australia broke the news in Australia on Sunday, May 24, 2026.
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