Could the same malady (like reflection on Japan in the 1970s - kjp) have struck Americans when it comes to China? The latest news from Beijing is indicative of Chinese weakness: a persistent slowdown of economic growth, a glut of unsold goods,rising bad bank loans, a bursting real estate bubble, and a vicious power struggle at the top, coupled with unending political scandals. Many factors that have powered China's rise, such as the demographic dividend, disregard for the environment, supercheap labor, and virtually unlimited access to external markets, are either receding or disappearing.
woensdag 12 september 2012
Gaat China Japan achterna
peculatief artikel over (met dank aan AWT voor de link), waarvan hier een openingsalinea: