The Long March of China’s Economy

China’s Economy Spirals With No End in Sight, Says Kyle Bass

Communist China is grappling with the most severe economic crisis in its history, a downturn that the regime will not recover from, according to Kyle Bass, founder and chief investment officer of Hayman Capital Management. “There is nothing that is going to bail China out of their economic spiral. They’re having a real estate crisis, a banking crisis, a youth unemployment crisis, and now they need to be worried about their current account,” Bass…

The Long March of China’s Economy

China’s embrace of economic reform in the 1980s and 1990s reshaped the global economy and deepened its ties to the West, ushering in an era of free trade and multilateral cooperation. Several recent books revisit this period, showing how early optimism gave way to nationalism, protectionism, and strategic rivalry.