Peak China or New China with Keyu Jin and Jörg Wuttke
State of Asia
China's Economic Challenges and Potential
The chapter discusses the factors contributing to China's economic malaise, including the decline in the real estate sector and the post-pandemic long recovery. It challenges the Western common perceptions about peak China and emphasizes China's potential with a large middle-income population and innovation in cutting-edge technology. The chapter also highlights the importance of economic and potential political reforms in overcoming these challenges.
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