ICS Translations

中国：永远不破的“泡沫”？China: Bubble that will never pop? The article by LIU Qiudi 刘裘蒂is the first in Chinese language discussing Thomas Orliks’ most recent book China: The Bubble That Never Pops, Oxford University Press (June 2020). Thomas Orlik is the Chief Economist with Bloomberg Economics.

Following PLA’s decisive victory over the Indian forces in the 1962 “self-defensive counter war,” Mao Zedong was asked to give his assessment of the PLA’s remarkable feat. Chief of Staff, Commander Luo Ruiqing, while submitting his general report to Mao, emphasised on the driving spirit of the troops