3 ms·
Yeah, it's going to come out in the next 10 years or so, 20 at most. The question is whether the Chinese economy will take a similar trajectory now to the Japa
by svara 2y ago
Yeah, it's going to come out in the next 10 years or so, 20 at most.
The question is whether the Chinese economy will take a similar trajectory now to the Japanese one in the late eighties and through the nineties, with a period of extreme growth followed by mostly stagnation.
It could very well be that the Chinese model is good at catch-up growth so to speak, up to the level of an advanced economy.
I agree with the op that the jury is out on this and it might go different ways.