The obstacles China faces are huge: A disastrous one-child policy of the Mao period has created a shrinking labor force and an aging population, coupled with a vicious gender disparity that devalues women to an almost unimaginable degree. Couple this with catastrophic environmental degradation, a dangerous environment of radical Islam lurking around its borders, a shrinking supply of clean water, an academic and business culture that seems culturally incapable of real innovation, an utterly inadequate social safety net, a system of government that seems dated and ossified, and a predominantly low-tech economy, and you see that China is far from becoming a serious economic, military, or cultural rival to Europe or America.
08-28-2019, 10:48 PM
Crippled By Systemic Problems, China Will Not Surpass U.S. Anytime Soon
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