The Year of the Trojan Fire Horse

The Year of the Trojan Fire Horse: China’s imbalanced economy and unrelenting mercantilism

While there’s plenty of evidence to support Stephen Roach’s thesis of unsustainable imbalances in China’s economy, China is living up to anthropomorphic characteristics of this year’s zodiac, the Fire Horse, in at least one regard: bold moves, self-reliance, speed, action and innovation in the energy transition.

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