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The rest of east Asia is currently developing at a faster pace (e.g. Vietnam), with increasing demand for goods and services. China provides, therefore their ou
by slothtrop 2y ago
The rest of east Asia is currently developing at a faster pace (e.g. Vietnam), with increasing demand for goods and services. China provides, therefore their output is increasing.
- twodave 2y agoPerhaps, and also we already know in 40 years many more of their infrastructure projects will lie empty and unused than already do. They’re literally burning their way to their doom, and they may take globalization with them.
- slothtrop 2y agoFollowing their real estate bubble, I'm not sure how much more of that we'll see. Xi seems to want to double-down on manufacturing. They're technically the global leader in solar, scaling up faster than everyone else.
- twodave 2y agoThey can’t do any such doubling down without a population to sustain it. And solar can’t supply the world with reliable power unless both battery and transmission tech see some unforeseen advances.