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).
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).
The china thing!
It's not clear where the yen is going