I’ve been saying it for several years: China 2000s-2010s is the next Japan 1980s-1990s.
and China's 2020's could be like Japan's 1930's & 1940's
1. They still haven't completely resolved the issues of overpopulation and pollution.
2. There are major fears that China's Big Four banks are way over-leveraged.
3. China could face the prospect of trade wars with the USA and Europe because of China's labor cost advantage.
4. Because China's two biggest export markets--the USA and Europe--have long distances to ship goods to, that means China could be vulnerable to increasing transportation costs, especially in terms of jet fuel and diesel fuel.