4 ms·
That's unlikely to happen unless the PRC loses a major war or becomes much more corrupt. They're ideologically and politically quite capable of re-engineering t
by AlexCoventry 8y ago
That's unlikely to happen unless the PRC loses a major war or becomes much more corrupt. They're ideologically and politically quite capable of re-engineering their financial system so it continues to allocate resources as they see fit, and they're not beholden to a great power with misaligned interests, the way Japan is.