"But everyone agrees that China’s TFP growth has been slowing over time, and that Xi’s “industrial policy for everything” hasn’t managed to re-accelerate it so far.1
In fact, a lot of people are noting that China now appears to have a “two-speed” or “k-shaped” economy — split between a high-tech manufacturing sector that’s increasingly the envy of the world, and a broader economy that’s still mired in the aftermath of the country’s epic real estate bust."
Framing: assertive ·
First seen: 2026-08-24 ·
Last seen: 2026-08-24 ·
Spread: 1 articles