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Why is China finished? They have manufacturing, talent, and a large internal market - and whatever financial problems they might be facing are rather virtual.
by suslik 3y ago
Why is China finished? They have manufacturing, talent, and a large internal market - and whatever financial problems they might be facing are rather virtual.
- ekianjo 3y agoand no babies so demography is going to hit them really, really hard
- scotty79 3y agoHow would that hit exactly look like?
- ekianjo 3y agoGDP destruction. You cant have high GDP without people to sustain it. with all the consequences you can expect on its economy.
- scotty79 3y agoWouldn't GDP per capita stay the same? You definitely can have very different amount of GDP with the same number of people. Why would less people mean lower GDP than simple proportion would suggest?