When I write and talk about how many Chinese are struggling, people often ask me why when China’s economy is doing so well. As a famous British author once wrote, “it is the best of times, it is the worst of times, we have everything before us, we have nothing before us, it is the spring of hope, it is the winter of despair.” A bit of hyperbole, but China is a Tale of Two Economies, with both the strong and weak sharing an uneasy co-existence. The Strong. Not surprisingly, we

Chinese ship in Jiangsu, China (photo by Bing Shang on Unsplash.com) The rush of Chinese products in global markets is not caused by dark strategy or deceitful subsidies. It’s driven instead by something more dry and powerful: the fact that China’s tax and financial systems encourage companies to build more and faster over efficiency and profitability. It’s not ideology. It’s incentives, math, and momentum. And, lest I forget, the Chinese also make good stuff. Taxation China’

Andrew Singer Talks About China and America, Vol. 3, Issue 11 Today is Part II of III looking deeper and considering other sides of...