Abortion was its bomb to its economy.
Limiting childbirth and Chinese desire for Male children along with abortion, is biting China in the keister. Now the work force is shrinking because of it.
Watch out! China will react at some point and that can’t be good.
Their economy will decline like Japan. Remember in the ‘80s, Japan was supposed to overtake USA economically? Then they got old.
” Investment in politically favoured industries is soaring, but the underlying mechanism of capitalist risk-taking has been damaged. Many bosses complain of Mr Xi’s unpredictable rule-making and fear purges or even arrest. “
Who is the Economist kidding ?
China is a Communist dictatorship, but the rules are absolutely stable compared to the circus in the West, where every month there are more and more ludicrous and unsustainable mandates, prohibitions and exclusions - and that is just the energy and electrical systems !
Good article, thanks for posting.
Who to believe? A Chinese communist? Or a British socialist economist?
Quite a pickle.
Just read that there is a bridge being built in South America that will increase immigration to the US like crazy and that it is thought China is behind it.