Is China Peaking? Economic Transition Debate

D J

·3 years ago

shared a link post in group #The Most Important Thingvia#ScholER

I love the Economist, but imagine being this confident on knowing what's happening with China despite being consistently wrong on it for decades...

China is undergoing a transition from a manufacturing-based economy to a service-oriented economy, marked by the substitution of low-quality products with high technology offerings. As a result, society is becoming wealthier, leading to slow macroeconomic growth.

2015:  Did China peak?
2016:  Did China peak?
2017:  Did China peak?
2018:  Did China peak?
2019:  Did China peak?
2020:  Did China peak?
2021:  Did China peak?
2022:  Did China peak?
2023:  Did China peak?

No, the answer is no.
#A Glance of China 行摄中国 #The Most Important Thing

www.economist.com

Is Chinese power about to peak?

The country’s historic ascent is levelling off. That need not make it more dangerous

D J

Is Chinese power about to peak?

Nikolas Kong
Did Japan ever have western countries try to contain its economic growth?

Nikolas Kong
There were grand predictions of Japan cr...
China domestic economy can still spend more

Bobby
Did Japan ever have western countries tr...
In the 1950s and 1960s, the United States imposed a number of restrictions on Japanese exports, including quotas and tariffs. There's also the Plaza Accord of 1985, which devalued the Japanese yen.

Is China Peaking? Economic Transition Debate

D J

Is Chinese power about to peak?

Nikolas KongDid Japan ever have western countries try to contain its economic growth?

Nikolas KongThere were grand predictions of Japan cr...China domestic economy can still spend more

BobbyDid Japan ever have western countries tr...In the 1950s and 1960s, the United States imposed a number of restrictions on Japanese exports, including quotas and tariffs. There's also the Plaza Accord of 1985, which devalued the Japanese yen.

Nikolas Kong
Did Japan ever have western countries try to contain its economic growth?

Nikolas Kong
There were grand predictions of Japan cr...
China domestic economy can still spend more

Bobby
Did Japan ever have western countries tr...
In the 1950s and 1960s, the United States imposed a number of restrictions on Japanese exports, including quotas and tariffs. There's also the Plaza Accord of 1985, which devalued the Japanese yen.