Yeah the big question really is “were those gains sustainable?” which in turn links with “can they adapt to this new stage of their economic growth cycle?”.
I don’t think things are going anywhere as well now there as they did before (it’s even unclear of the country is growing at all for the many) hence why I kept making an exception for “the last decade” in the comments I’ve been writing here about China.
We can come up with a thousand reasons why they’ll have problems and a thousand ways in which they can succeed, but those “what ifs” are just a bit of informed fantasism so I’m refraining from such futurism as it’s a practice riddled with wishful thinking, selective picking of what suits one’s theories and building theories based on an information sparse basis that’s somewhat poluted (as in, there’s way more we don’t know than there is that we do know especially at a detail level, and especially here in the West what we do know tends to be mostly the things that certain political forces believe will make us think bad of China).
It’s hard enough to try and form a fair and honest opinion of present day China and doing futurism based on this shitty informational basis would just be building castles in the air, which there is no point in doing.
So I’m just acknowledging their past success, with the caveat that it’s been a while since that achievement and it’s unclear of late if they’re even still going forward and if they’re even still in practice left-of-center in what they’re doing.
Yeah the big question really is “were those gains sustainable?” which in turn links with “can they adapt to this new stage of their economic growth cycle?”.
I don’t think things are going anywhere as well now there as they did before (it’s even unclear of the country is growing at all for the many) hence why I kept making an exception for “the last decade” in the comments I’ve been writing here about China.
We can come up with a thousand reasons why they’ll have problems and a thousand ways in which they can succeed, but those “what ifs” are just a bit of informed fantasism so I’m refraining from such futurism as it’s a practice riddled with wishful thinking, selective picking of what suits one’s theories and building theories based on an information sparse basis that’s somewhat poluted (as in, there’s way more we don’t know than there is that we do know especially at a detail level, and especially here in the West what we do know tends to be mostly the things that certain political forces believe will make us think bad of China).
It’s hard enough to try and form a fair and honest opinion of present day China and doing futurism based on this shitty informational basis would just be building castles in the air, which there is no point in doing.
So I’m just acknowledging their past success, with the caveat that it’s been a while since that achievement and it’s unclear of late if they’re even still going forward and if they’re even still in practice left-of-center in what they’re doing.