In a daring thought experiment, imagine just for a moment that you are the powerful president of the People’s Republic of China (PRC). You are sitting next to a cozy fireplace in a mountain retreat, looking out of a panoramic window and musing about the ‘Middle Kingdom’. What is your sweeping vista of China’s current standing and what future do you envision for this dragon beyond the distant summits in a rapidly changing world, where conventional truth is apparently being pulverized at lightning speed?
Prof. Schlevogt’s Compass № 10: China’s silky future in a realigned world
The country’s road ahead looks increasingly bleak, but it has great countercyclical expansion potential via domestic and international rebalancing...