4 ms·

What would China stop from becoming freer if this becomes the limiting factor? Assuming country X has figured out the best way to run a country for whatever you

What would China stop from becoming freer if this becomes the limiting factor? Assuming country X has figured out the best way to run a country for whatever you mean with best, at least in principle nothing stops China from doing the same thing. And it is still simply larger. Unsurmountable scaling issues? Does not sound likely to me. Large cultural change required? Maybe hard to do over years or a few decades but again I see not why you would not eventually go through a beneficial cultural change over generations. But this is also why I added the qualification of China not standing in its own way, they have certainly the power to cause their own downfall, cause a [civil] war for example. But even then, unless the country gets fractured into many small countries, what would prevent them raising from the ruins stronger?

T-A 5y ago
https://www.smh.com.au/business/the-economy/china-s-dilemma-growing-old-before-it-becomes-rich-and-powerful-20210408-p57hmx.html https://www.smh.com.au/business/the-economy/china-s-dilemma-...
- contingencies 5y ago
  In addition to the aging population problem mentioned in the article, a huge economic bubble based on domestic real estate investment funded by poorly secured loans has burst, the effects of which are only beginning to be felt. All across the country skyscrapers stand half built, monuments to better days. Simultaneously, Western supply chains are either actively or passively (due to shipping issues associated with COVID) seeking diversification, and Chinese labour is now considered too expensive for a large swathe of manufacturing. Traditional industries such as textiles, shoes and so forth are all moving out to Vietnam/Bangladesh/Myanmar/etc. The accelerating affects of automation further compound this scenario. Further, the local education system and HR market are undeveloped for higher level skills, and core aspects of the domestic business environment create substantial inefficiency (financial regulation and practice, commercial law enforcement, etc.). That said, I still find China to have many benefits as a business environment, and I will never work for military of any country on principle.
SkyMarshal 5y ago
>What would China stop from becoming freer if this becomes the limiting factor? Governments of any sort, much less authoritarian ones, never willingly give up power.

T-A 5y ago

https://www.smh.com.au/business/the-economy/china-s-dilemma-growing-old-before-it-becomes-rich-and-powerful-20210408-p57hmx.html https://www.smh.com.au/business/the-economy/china-s-dilemma-...

contingencies 5y ago
In addition to the aging population problem mentioned in the article, a huge economic bubble based on domestic real estate investment funded by poorly secured loans has burst, the effects of which are only beginning to be felt. All across the country skyscrapers stand half built, monuments to better days. Simultaneously, Western supply chains are either actively or passively (due to shipping issues associated with COVID) seeking diversification, and Chinese labour is now considered too expensive for a large swathe of manufacturing. Traditional industries such as textiles, shoes and so forth are all moving out to Vietnam/Bangladesh/Myanmar/etc. The accelerating affects of automation further compound this scenario. Further, the local education system and HR market are undeveloped for higher level skills, and core aspects of the domestic business environment create substantial inefficiency (financial regulation and practice, commercial law enforcement, etc.). That said, I still find China to have many benefits as a business environment, and I will never work for military of any country on principle.

SkyMarshal 5y ago

>What would China stop from becoming freer if this becomes the limiting factor? Governments of any sort, much less authoritarian ones, never willingly give up power.