Paradigm Shift is an official staff account.
Explore the incredible narrative of the economic rise of China, becoming a dominant global economic force, in this engaging video. Join us as our CEO dives into the historical, political, and socioeconomic factors that have propelled China from its humble origins to a position of unrivaled economic influence.
China’s economic transformation in the last 40 years has had a huge impact on the global economy. This unprecedented economic scenario has attracted a lot of interest, particularly from developing countries looking to emulate China’s success.
Ali Haider Saleem considers the infant industry model to explain China’s rapid industrialization and subsequent economic ascent and explains how China’s long-term approach and facilitative policies have enabled local industries to become competitive worldwide. It also discusses what countries like Pakistan can learn from the Chinese experience with regards to strengthening their industrial base.
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