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by KaoruAoiShiho
3266 days ago
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Why would it? Aside from a black swan like a war or a super disease or something. The common list of problems I see are all problems that China always had and like I said, still grew despite those problems. Every single problem I see is becoming less problematic and any tiny bit of progress on them are tailwinds for growth. |
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There are many, many Chinese who are working very hard for the betterment of their country, and there are many, many wonderful things about China. But it is virtually impossible to overestimate the difficulties they are going to be facing in the coming years. Their economic success, by becoming the manufacturing powerhouse of the world, has come at tremendous cost, and is not maintainable in the long term. We live in interesting times.