China can have a billion people living in dire poverty and the other 400 million dwarfing and out-performing our middle- and upper- classes at the same time.
Not for long.
RE: China can have a billion people living in dire poverty and the other 400 million dwarfing and out-performing our middle- and upper- classes at the same time.
Most of our “losing” ( for want of a better word ) to China are SELF-INFLICTED. Trump and his administration was slowly turning the tide with his tough trade deal, policy of energy independence, guarding our technology, making things in America, sourcing to countries that are friendly to the USA instead of depending on China for our supply chain, vigilance against spying and intellectual property theft, and alliances with countries that are similarly wary of China.
He was building up our military and adding a space force to counter China until traitors in our midst ( Pelosi, Swalwell, Adam Schiff, etc. ) sabotaged his plans.
China couldn’t do squat with a tough America.
The next 4 years are going to be painful.