The new round of tariffs will create an economic shock for China’s economy. However, regimes like China, especially those that can control the financial system, have great capacity to weather economic shocks. Those interested can read our book press.umich.edu/Books/E/Econ...
press.umich.edu
Economic Shocks and Authoritarian Stability
Over two billion people still live under authoritarian rule. Moreover, authoritarian regimes around the world command enormous financial and economic resources, rivaling those controlled by advanced d...