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Carl Zha: Chimerica to the Thucydides's Trap

Razib Khan's Unsupervised Learning

CHAPTER

China's Economic Challenges and Transition

The chapter discusses the economic challenges China is currently facing, including the collapse of the real estate bubble and a decreasing working-age population. There are reports in the Western media about difficulties in China's economy, such as higher youth unemployment rates. The speaker compares the current situation in China to the Asian financial crisis in Korea in 1998, suggesting that China can overcome these challenges and continue advancing.

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