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by berserk1010
868 days ago
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> they have a more nimble economy that can turn around quicker That's not evident in the persistent high youth unemployment rate. There is also something called middle income trap https://en.wikipedia.org/wiki/Middle_income_trap > they become the dominant world super power. There's no sign that that is guaranteed. No sign in culture power. No sign in economic power. No sign in demographics power. No sign in innovation power. No sign in technology power. No sign in military power. |
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They're on course to become the biggest economy in the world. Popularity of their culture is surging (though from a very low baseline) - you hear a lot more about Chinese movies/novels/games, or even software, than even a couple of years ago. Innovation and technology are hard to measure, but on measures like scientific papers published or patents registered they're also surging. There's plenty to criticise about the Chinese government and Chinese culture, but there are definitely significant signs of success.