The nation is experiencing its slowest growth in decades, a halt in attracting new foreign domestic investments, a significant demographic imbalance with a surplus of older citizens and too few young people, and heavy reliance on exports
I believe that their own problems are distinct problems. The West has industrial fetishism, while China has little freedom of difference. Surprisingly, both have positive and negative points.
Both sides have trade-offs shaped by cultural and political forces. Sometimes what appears as freedom or industrial focus is just part of a broader system of values and pressures that don't easily compare
The nation is experiencing its slowest growth in decades, a halt in attracting new foreign domestic investments, a significant demographic imbalance with a surplus of older citizens and too few young people, and heavy reliance on exports
because domestic demand cannot fully absorb its production.
The outcome will be evident by midnight as the one to falter first is revealed.
"China has three options:
Initiate the largest fiscal stimulus in its history—an estimated $2–3 trillion—which would dramatically increase its debt."
I believe that their own problems are distinct problems. The West has industrial fetishism, while China has little freedom of difference. Surprisingly, both have positive and negative points.
Both sides have trade-offs shaped by cultural and political forces. Sometimes what appears as freedom or industrial focus is just part of a broader system of values and pressures that don't easily compare