The Collapse of China’s Economic Model and What It Means for Us in the West

A Chinese investor gestures in front of a screen showing stock market movements at a securities firm in Hangzhou, eastern China's Zhejiang province, in a file photo. STR/AFP via Getty Images

Commentary

During the Second World War, the Nazis bombed British factories and manufacturing towns. The idea was to cripple British industry, demoralize the population, and weaken the war effort. The Allies later reciprocated by destroying German manufacturing centres and industrial infrastructure.