1271
submitted 8 months ago by Grayox@lemmy.ml to c/memes@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] pingveno@lemmy.ml 5 points 8 months ago

Eh... don't count on it. China has some significant weaknesses. In the short term, economic growth has slowed significantly. Debt in the private and public sector is having consequences, both in the housing market and elsewhere. In the longer term, China is aging at a faster rate than the US, both due to a low birth rate and immigration rates that are virtually nonexistent compared to the US. China's GDP is outpacing the US for now, but it's an open question how long that pace will last.

this post was submitted on 23 Feb 2024
1271 points (89.5% liked)

Memes

45635 readers
750 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS