Urbanization

What China’s Online Shopping Craze Says About Its Bubble Economy

16
November 14, 2018

November 11, known in China as Singles’ Day, started out as a wry, tongue-in-cheek holiday. It has since become a major draw for online shopping, a profoundly Chinese celebration, and an expression of the country’s modern urban youth. But the rampant commercialization of Singles’ Day may one day come to be seen as a symbol of the era of China’s bubble economy.

  • The Urbanization Fallacy

    1
    August 16, 2013

    Urbanization accommodates but does not cause growth and the current push for urbanization will only make China richer if it increases productivity by more than it increases debt

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