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"No, because their current economic growth is unsustainable in the long term." Yeah, people have been saying that for a while. The problem is that China (or a
by onetwothreefour 14y ago
"No, because their current economic growth is unsustainable in the long term."
Yeah, people have been saying that for a while.
The problem is that China (or at least, the leadership) doesn't actually care what you (or the entire Western world) think. And that's a big problem for a lot of people whose job it is to write about China or try to tell them how they're going to fail or what they should be doing.
And on an economic front, it's not like the Western world is doing any better right now.
Additionally, no one knows what China should be doing because no one else is China, has had China's history, or has to support 1.3 billion people. They'll figure it out eventually, even if it means some unpleasantness along the way.