Are China’s days as factory to the world numbered?
tradeletter.substack.com
Over the several decades, China has had a pretty good run. Since putting in place a variety of trade and investment reforms in the late 1970s, China has boomed. Opening to the world saw its real GDP growth average nearly 10 per cent annually for almost three decades which the World Bank described as the “fastest sustained expansion by a major economy in history.”
Are China’s days as factory to the world numbered?
Are China’s days as factory to the world…
Are China’s days as factory to the world numbered?
Over the several decades, China has had a pretty good run. Since putting in place a variety of trade and investment reforms in the late 1970s, China has boomed. Opening to the world saw its real GDP growth average nearly 10 per cent annually for almost three decades which the World Bank described as the “fastest sustained expansion by a major economy in history.”