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Moses Sternstein's avatar

Super-interesting, thanks. Incidentally, both can be true: China advances by copying others, and it produces high-quality products across numerous sectors (that it decided to produce by copying others). I suppose that's what 'fast-following' is a euphemism for. https://www.therandomwalk.co/i/160510122/whatever-youre-having-well-have-make-it

Isn't the biggest headwind for China demographics? China is just getting old (as are we, but they're further along the age curve).

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