356. What can we learn from China?

21st June 2023 If we ignore the flagrant human rights abuses, there’s a lot to admire about China. There economy has grown at an incredibly rate whilst the West has been stagnating. So, what’s their secret? Phil quotes Mervyn King, former BoE governor, who spoke to a Chinese central banker and asked that very question. Hear what he said, and what Steve Keen thinks is behind China’s growth, in this week’s podcast.