Part 9/10:
Efforts made by the United States to impose tariffs, along with India’s growing discontent culminating in bans on various Chinese apps, illustrate a fundamental resistance to Chinese dominance in the global market. Additionally, the COVID-19 pandemic exposed the vulnerabilities inherent in reliance on single-supplier nations, leading many countries to rethink their economic strategies.
Amidst overproduction crises, China now faces the dilemma of maintaining its economic status while adapting to an increasingly hostile global environment. The abundant supply of goods, now burdened by falling demand, invites questions about the sustainability of China's economic policies.