VOICED : Economic challenges confronting China's

The video discusses the evolution and challenges of economic growth models, particularly focusing on China's experience. It highlights the unsustainability of the current model due to debt accumulation and stresses the need for earlier changes. The historical context of model formalization is also touched upon.

What does the phrase 'Don't sell for less' imply in the context of economic discussions?

How was the economic model first formalized, and what was it called?