China's Comeback By Warren H Lau 9798223200581 (Paperback)

Category

Economic geography

Store

Wordery

Brand

Draft2digital

China's Comeback : Inpress International : 9798223200581 : 13 Nov 2023 : While the world still contemplates on how impossible for China to solve her current economic problems, Warren H. Lau provides us a solution: Agricultural modernization, drive people into cities to absorb excess urban housing supply. In the aftermath of the COVID-19 pandemic and ongoing real estate crisis, China faces a pivotal moment defining its economic trajectory and role in the world. This book analyzes the country's current challenges centered around a depressed property market and excess housing supply. It argues that strategic policy reforms focusing on agricultural modernization can spark a revitalization. Through heavy investment in automation and technology to boost productivity on farms, China can wean itself off intensive labor-based farming. This would spare millions of workers who could migrate to cities as new residents and occupants for the oversupplied urban real estate. With more human capit

18.99 GBP