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> Also, you allude to Japan's stagnation after the 1980s, but I think that's largely due to policy, demographics, and external factors. China has the same demo
by chrisco255 1y ago
> Also, you allude to Japan's stagnation after the 1980s, but I think that's largely due to policy, demographics, and external factors.
China has the same demographic problem that Japan has. It has a declining population and a lopsided population pyramid, made particularly stark by the implementation of one child policy many decades ago.
- porphyra 1y agoYes, it is quite possible that China will stagnate due to those reasons, plus I'm not super happy with Xi Jinping's reverting to more authoritarian principles too, but that would not have been because of some fundamental cultural reason that dooms Asian countries to be worse off than Western ones.