[vamur]

China is already the world's largest economy by PPP. It is also #1 trade partner for many nations. On top of that it has its own processors, and is building fabs as well to compete with Taiwan and SK. It is also leading in solar panels, electric cars, trains etc. At this stage, there is little it needs from the rest of the world in terms of tech that it can't acquire.

So thinking that Chinese economy will stall similar to Japan is wishfull thinking and denial at this stage. And China's large population and huge effective territory allows it to handle both low-value and high value manufacturing. Which means that there is no pivot that someone can stop.