>>117971925>>117971980China is worse off than the US, i find it hilarious how people saying they're hedging their bets on them always do it out of contrarianism instead of real economics every time.
China has:
-absolutely unbelievably fucked demographics with an aging population resting on a way smaller pool of young people to sustain a pension system
-an currency floated to the USD despite being obvious it's worth nowhere near as much and that keeps being inflated further due to the the geniuses at the Chinese central bank relying on gunpoint policy to keep people consuming with it
-a gigantic housing bubble due to not really having a plan to further develop a country that ran out of worthwhile investments yet wants to keep foreign money pouring in by fooling them into thinking there's opportunity to grow then trapping them in
-an absolutely fucked foreign policy in which they raped so many developing countries for resources, ports and real state that half of Africa has political parties who are single issue on the "fuck China" front and winning
-a crippling dependency on the US economy in which the US trades up to 50% with them but China trades up to 90% with the US
-an ecologic collapse due to rushing to build up without minding their agricultural output or even their land erosion, with three gorges dam not only being built like shit and about to wipe out 400k chinese down the Yangtze, but also making floods country-wide worse and fallowing land in an incoming disaster worse than the great leap forward
Fact is, China isn't looking so good and people should prepare their industries and supply chains to take off in the eventuality they don't correct course and regain the mandate of heaven.