> But it does give them a _lot_ of leeway for easy growth. They just need to make the country more business-friendly at the lower end.
Consumption-led growth is all but over. The population is shrinking, manufacturing is fleeing as fast it can, and the number old people exceeds young — China got old before it got rich, which has never happened before
Consumption-led growth is all but over. The population is shrinking, manufacturing is fleeing as fast it can, and the number old people exceeds young — China got old before it got rich, which has never happened before