China tech not being strong enough to save China's economy from decline[edit]
"The 10 executives, investors and economists I interviewed said they believed that China’s advances in tech would not be enough to pull the country out of its economic slump. Advanced manufacturing makes up about only 6 percent of China’s output, much smaller than real estate, which contributes about 17 percent of gross domestic product even after a sharp slowdown."[15]
Articles:
Will China’s economy follow the same path as Japan’s? 2025 "China’s substantial advancements in innovation, particularly in critical technologies, have also bolstered its technological self-reliance. That said, the tangible impact of this innovation on growth, specifically through increased productivity, remains to be seen, even for China."
Videos:
Michael Beckley on The End of China’s Rise & the Future of Global Order | WORLD KNOWLEDGE FORUM 2024 - American Enterprise Institute, 2024
The Garbage Time of History: China's Economic Decline , 2024
Pregnant Woman in Tears as Home Prices Crash; Divorces Surge Across China , 2024
Top 500 Companies and Foreigners Have All Left, Shanghai’s Rents Have Plummeted! , 2023