☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to GenZedong@lemmygrad.ml • 2 months agoI love how the western mind can no longer comprehend the concept of planning for the futureexternal-linkmessage-square12 fedilinkarrow-up171cross-posted to: chapotraphouse
arrow-up171external-linkI love how the western mind can no longer comprehend the concept of planning for the future☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to GenZedong@lemmygrad.ml • 2 months agomessage-square12 Commentsfedilinkcross-posted to: chapotraphouse
minus-squareVampire [any]hexbear32·2 months agoIt had a 'slowdown' in the sense that it went from 10% annual growth to around 5%. This happened because you can't grow at 10% forever, they started low. link
minus-squareloathesome dongeater@lemmygrad.mlhexbear16·2 months agoI think China could possibly grow at 10% still if they adopted awful policies and engaged in number padding like GDP obsessed economies do. But it's rather that they realise that they don't need to and they shouldn't. linkfedilink
It had a 'slowdown' in the sense that it went from 10% annual growth to around 5%.
This happened because you can't grow at 10% forever, they started low.
I think China could possibly grow at 10% still if they adopted awful policies and engaged in number padding like GDP obsessed economies do. But it's rather that they realise that they don't need to and they shouldn't.