Gucci_Minh [he/him]

  • 0 Posts
  • 15 Comments
Joined 4 years ago
cake
Cake day: December 23rd, 2020

help-circle


  • Gucci_Minh [he/him]@hexbear.nettoMemes@lemmygrad.mlChinese Economy Collapsing
    link
    fedilink
    English
    arrow-up
    41
    arrow-down
    1
    ·
    edit-2
    9 months ago

    If China can manage to turn its industries and markets to an internal production/consumption model and reduce its reliance on being an export economy, it would be much better off even without the massive growth. Growth will have to stop at some point, and the focus will be on stability, since China hasn’t made any indications it’ll try to fuel growth through imperialism like western economies have. Japan style stagnation would be not so terrible if your society is socialist.