China is growing faster than the United States despite having inferior economic institutions.

Question

Quizplus · Accepted Answer

China has been growing faster than the United States in recent years, despite having a less developed and less efficient system of economic institutions. This is largely due to China's massive and growing population, as well as its aggressive policies aimed at promoting economic growth and development. However, there are concerns that China's economy may be vulnerable to a variety of risks and challenges, including rising debt levels, overcapacity, and a lack of transparency and accountability in the financial system.

China Is Growing Faster Than the United States Despite Having