this post was submitted on 23 Feb 2024
1275 points (89.6% liked)
Memes
45755 readers
965 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Eh... don't count on it. China has some significant weaknesses. In the short term, economic growth has slowed significantly. Debt in the private and public sector is having consequences, both in the housing market and elsewhere. In the longer term, China is aging at a faster rate than the US, both due to a low birth rate and immigration rates that are virtually nonexistent compared to the US. China's GDP is outpacing the US for now, but it's an open question how long that pace will last.