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imherenowwhat
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hubskier for: 4301 days
following: 8
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hubskier for: 4301 days
imherenowwhat · 4301 days ago · link · · parent · post: Is the Chinese Economy Running Out of Steam? : The New Yorker
The title is misleading. It may have less "steam" at the moment but it could coast for a while and still be out pacing it's rivals. Something I often wonder is how an economy can grow that fast and not be built of straw? Can you build an infrastructure that quickly and not have huge problems? According to your link, the real growth occurred from 2005 to 2010, in 5 years. This means in 2020 that infrastructure will start becoming dated and will need replacing. I see some real challenges for China in the future. Thanks for the GDP link.