In this section, authors share their views on economic and financial issues.
For nearly 30 years, Western media have regularly portrayed China as an economic problem case. Predictions have ranged from a real estate collapse and a banking crisis to a hard landing or even the breakdown of the Chinese economic model.
Graphic: Daniel Fasnacht
Yet over the same period, China has evolved from the world’s factory into the world’s second-largest economy, one of the largest markets for digital payments, and a leading innovation hub for artificial intelligence (AI), electric mobility, robotics, and semiconductors. For the Swiss financial center, therefore, the key question is not whether China should be copied, but what strategic lessons can be learned from its development.
China 3.0: From the World’s Factory to an AI Ecosystem
