“China’s decline will be gradual,” Yi Fuxian wrote. “It will remain the world’s second- or third-largest economy for decades to come. But the huge gap between its waning demographic and economic strength and its expanding political ambitions may make it highly vulnerable to strategic misjudgments. Memories of past glory or fear of lost status could lead it down the same dangerous path that Russia has taken in Ukraine.”
#内卷 #neijuan #chinesedemographics