Anthony Kim writes in The Washington Examiner on how China’s economic freedom deficit distorts markets beyond its borders.
- China is rejecting economic freedom and doubling down a centralized, command and control economy.
- The embrace of a state-centered economic system will have consequences for not only the people of China and their economy but the environment as well.
- Economic freedom incentivizes innovation which produces the technologies that are needed to reduce emissions.
- If China were really serious about its climate ambitions, it would embrace expanding economic freedom.
Read the full article here.