My Say: It’s too soon to say China has peaked
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China's economy could still surpass the US by 2050 if proper policies are implemented; arguments of 'peak China' are being revisited due to recent economic struggles; China's population is declining faster than expected, with projections of 1.3 billion by 2050; investment has historically accounted for 45%-50% of GDP, leading to excess capacity; trade restrictions from the US and other nations are increasing; China's productivity growth has been weak, but reforms are underway; the renminbi is expected to appreciate against the US dollar; China could grow at 3% annually until 2050, outpacing the US's growth; assumptions include necessary reforms and avoidance of military conflict with the US.
#China #Economy #Us #Growth #Demographics #Trade #Currency #Reforms #Productivity #Geopolitics
https://theedgemalaysia.com/node/730045