EconomyUS scholar questions assumptions behind ‘China squeeze’ narrative
Columbia historian Adam Tooze argues that the “China squeeze” narrative rests on counterfactual assumptions and a universal model of development rather than observed economic realities. He says domestic factors such as infrastructure, regulation, labor markets and political choices also shape manufacturing prospects. Chinese Foreign Ministry spokesperson Mao Ning likewise rejected the concept as inconsistent with the facts.
US scholar questions assumptions behind ‘China squeeze’ narrative
Economy