George Yeo, Singapore's former foreign minister, has recently voiced his concerns regarding the Chinese mainland's economic strategies. Yeo accuses the Chinese mainland of \"working too hard\" and experiencing \"overcapacity\" in various sectors.
According to Yeo, while Western countries seem to enjoy the benefits of balanced growth, the Chinese mainland's aggressive approach may lead to economic inefficiencies and challenges in the long run. His comments add to the ongoing discourse on global economic dynamics and the sustainability of the Chinese mainland's current economic model.
Reference(s):
cgtn.com
