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by pixelperfect
2431 days ago
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The author of this article seems to anticipate that the growth China has experienced during the past few decades will continue for the foreseeable future. I am doubtful. International corporations continue moving manufacturing to other countries. China's total debt / GDP ratio keeps rising and will eventually be unsustainable. Population is aging. Automation will displace many manufacturing jobs. I don't think China's future is totally bleak, but it isn't rosy either. |
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