Re:China Completes Green Belt Around Taklamakan Desert
by svara on Sunday December 08, 2024 @03:53PM
(#42360330)
Yeah, it's going to come out in the next 10 years or so, 20 at most.
The question is whether the Chinese economy will take a similar trajectory now to the Japanese one in the late eighties and through the nineties, with a period of extreme growth followed by mostly stagnation.
It could very well be that the Chinese model is good at catch-up growth so to speak, up to the level of an advanced economy.
I agree with the op that the jury is out on this and it might go different ways.
The question is whether the Chinese economy will take a similar trajectory now to the Japanese one in the late eighties and through the nineties, with a period of extreme growth followed by mostly stagnation.
It could very well be that the Chinese model is good at catch-up growth so to speak, up to the level of an advanced economy.
I agree with the op that the jury is out on this and it might go different ways.