What COVID-19 Reveals About the US and China
Differences in the American and Chinese pandemic responses are often attributed to their political systems: Chinese central planning allows for more resolute action. But this explanation misses the extent to which the two countries' growth models have shaped their responses – and the financial and economic impact of the crisis.
https://prosyn.org/IV7j7Gt
HONG KONG – There is nothing like a pandemic to expose systemic differences. For China and the United States, which were locked in an ideologically driven competition even before the COVID-19 crisis, those differences are stark. But the two countries have at least one thing in common: when this is all over, they will need to rethink their social contracts.