This is a heavily interactive web application, and JavaScript is required. Simple HTML interfaces are possible, but that is not what this is.
Post
Michael Pettis
michaelpettis.bsky.social
did:plc:aday7msfnpqba7psqpjq3pij
9/11
That's a big increase, and it is unlikely that a manufacturing sector dependent on low wages, cheap capital, an undervalued currency, and other direct and indirect subsidies for its global competitiveness can easily absorb wage increases as high as that.
https://carnegieendowment.org/posts/2024/07/why-is-it-so-hard-for-china-to-boost-domestic-demand?lang=en
2025-08-28T09:32:07.208Z