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It’s official: The era of China’s global dominance is over
(www.businessinsider.com)
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this post was submitted on 16 Oct 2023
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As @sik0fewl mentioned. China has a population problem, a huge population problem.
Most of the developed world does but most also have large immigration numbers to offset it. The USA is the same, immigration is the main driver of its population growth and population growth is the main driver of maintaining and expanding a countries GDP.
They scale that china's population will crash over the next 30 years is hard to grasp.
The number of people they have who are of working age will drop by ~100 million. While at the same time the USA will grow in that range.
That is the difference between the two..
Interesting. I look forward to seeing how the future unfolds.