5 ms·
China's economy is where a large part of the world's future growth will occur, in the longer term capital will reallocate itself around trade barriers to get ac
by thinkcontext 8y ago
China's economy is where a large part of the world's future growth will occur, in the longer term capital will reallocate itself around trade barriers to get access to it.
In the short term, the US could potentially get some concessions that it wants. However, things have already gotten further than most predicted, lots of people expected China to give Trump a few crumbs that didn't really matter but allow him to declare victory. Trump seems to not want that, so it might be too late to avoid damage.
- sremani 8y agoYou mean China's current aging population with a reverse pyramid demography due to one child policy is where global growth is at?
- crimsonalucard 8y agoYes. High populations don't correlate with GDP. In fact there's an inverse correlation. Look at India. edit: source for those who don't believe me: https://www.kaieteurnewsonline.com/2013/01/17/population-growth-is-generally-highest-in-the-poorest-countries-report/ https://www.kaieteurnewsonline.com/2013/01/17/population-gro...
- thinkcontext 8y agoThis is a good point. Personally, I think the inverted pyramid means that China won't achieve parity with US in per capita wealth. However, there's still a ton of growing that it can do. Think of all the millions of cars, washing machines, air conditioners, not to mention increased consumption of pharmaceuticals, personal care, apparel, meat, etc. Capital is not going to pass this growth up.
- 394549 8y ago> You mean China's current aging population with a reverse pyramid demography due to one child policy is where global growth is at? Given we're talking about the CCP, I suppose they could right their reverse pyramid using the same brutal means they used to create it. Say, by heavily pushing euthanasia options onto retired folks who can't care for themselves, with financial sanctions for their families if they refuse to comply.