There are a number of long term issues that are working against the chinese economy, and demography is one of them. The biggest long term problem that china faces is temography. Changing attitudes is another. And these are just accumulating on the issues that bejing faces. There's a whole sense of pessimism right now in china. Part of it is triggered by the covet lockdowns,. but also youo get a sense that people feel that they've been overworked. They feel that there is no future in ch China.
China has experienced a meteoric rise over the past half-century, with many projecting it will overtake the United States as the most influential global power in the coming decades. But one expert has an entirely different opinion and believes China's foundations are crumbling, and what’s more likely is the communist nation's collapse. Get the facts first on Morning Wire.