How China destroys economic freedom | Cost of the state
Ціна Держави Ціна Держави
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 Published On Jul 28, 2024

Economic freedom involves the ability of individuals and entities to act in a competitive market with minimal government intervention, ensuring free trade, voluntary exchange, and property rights protection. However, this concept assumes that all market participants adhere to fair practices and standards.

In this video, we will discuss how China violates economic freedom through subsidizing businesses, how intellectual property theft has become normalized in China, and why imposing additional tariffs on Chinese goods is a good idea.

At 36:10, there is a mistake. It says "Economic freedom cannot bring prosperity," but it was meant to say that economic unfreedom cannot bring prosperity.

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00:00 Introduction
01:40 Electric vehicles and green energy
16:22 Intellectual property theft and cyber espionage
24:04 Restriction of market access in China
31:57 Forced labor in China
35:50 Conclusions

#China #Economy #Trade

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