• MataVatnik@lemmy.world
    link
    fedilink
    arrow-up
    10
    arrow-down
    4
    ·
    edit-2
    1 month ago

    Last when I was into this topic, no expert on the China economy ever said that China was going to collapse. Rather their prognosis is that the economy is near its peak and likely will stagnate from now on, maybe shrink a bit (maybe) . But not collapse

    • davel [he/him]@lemmy.ml
      link
      fedilink
      English
      arrow-up
      20
      ·
      1 month ago

      Rags like The Economist have been predicting its collapse for years and years and years. It’s a meme at this point.

    • humanspiral@lemmy.ca
      link
      fedilink
      arrow-up
      2
      ·
      1 month ago

      The latest predictions are based on aging population. Not only does China have a much higher birth rate than US, they are ahead in robotics for manufacturing production (lower physical labour need), and US is about to deport 10m relatively young people.