{"id":8935,"date":"2024-04-05T11:14:50","date_gmt":"2024-04-05T11:14:50","guid":{"rendered":"https:\/\/geopoliticalcompass.com\/?p=8935"},"modified":"2024-04-05T11:15:39","modified_gmt":"2024-04-05T11:15:39","slug":"the-age-of-slow-growth-in-china","status":"publish","type":"post","link":"https:\/\/geopoliticalcompass.com\/?p=8935","title":{"rendered":"The Age of Slow Growth in China"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8935\" class=\"elementor elementor-8935\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c541bf9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c541bf9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-720b3f7\" data-id=\"720b3f7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a8adf8d elementor-widget elementor-widget-text-editor\" data-id=\"a8adf8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Author: <\/b><a href=\"https:\/\/rhg.com\/team\/daniel-h-rosen\/\"><span style=\"font-weight: 400\">Daniel H. Rosen<\/span><\/a><\/p><p><b>Affiliation: <\/b><span style=\"font-weight: 400\">Rhodium Group, Council on Foreign Relations (member), board member of the National Committee on US-China Relations, and former Senior Adviser for International Economic Policy at the White House National Economic Council and National Security Council (2000-2001).\u00a0<\/span><\/p><p><b>Organization\/Publisher:<\/b><span style=\"font-weight: 400\"> Foreign Affairs<\/span><\/p><p><b>Date\/Place:<\/b><span style=\"font-weight: 400\"> April 15, 2022\/ New York, USA<\/span><\/p><p><b>Type of Literature: <\/b><span style=\"font-weight: 400\">Analysis<\/span><\/p><p><b>Word Count: <\/b><span style=\"font-weight: 400\">3000<\/span><\/p><p><b>Link: <\/b><a href=\"https:\/\/reader.foreignaffairs.com\/2022\/04\/15\/the-age-of-slow-growth-in-china\/content.html\"><span style=\"font-weight: 400\">https:\/\/reader.foreignaffairs.com\/2022\/04\/15\/the-age-of-slow-growth-in-china\/content.html<\/span><\/a><\/p><p>\u00a0<\/p><p><b>Keywords:<\/b><i><span style=\"font-weight: 400\"> China, Economy, Growth, GDP, National Security Strategy, Russia-Ukraine War, Communist Party of China<\/span><\/i><\/p><p>\u00a0<\/p><p><b>Brief:<\/b><\/p><p>\u00a0<\/p><p><span style=\"font-weight: 400\">The author claims that after having attained the status of economic-growth bellwether among developing nations, that the coming days must worry China, a one-party ruled world\u2019s largest populated country. China is grappling with an outflow of capital, energy prices are up, imports surging, and a worsening ratio of export prices to import prices despite record high exports. Outside the country, inflation is eating peoples savings in many countries &#8212; mostly dependent nations on Chinese manufacturers, thus receding their capacity of spending. After declaring success in suppressing COVID-19, the virus is back and hitting hard at Shanghai, China\u2019s economic power house. Although China registered positive growth amid the pandemic, it ate China\u2019s spending at record highs and this analysis insists that China will not be able to maintain its positive growth, thus hitting hard the credibility of the Chinese Communist Party. Drawing a pessimistic picture of China\u2019s growth this fiscal year, the author refuses to accept that Beijing may see a return of Japan\u2019s era of the 1990s, because the country\u2019s per capita income is far lower while it is witnessing a \u201cdemographic challenge as its population has been declining for years\u201d with more than 130 men for 100 women. \u201cFewer workers, fewer future buyers for unbuilt apartments, fewer consumers: these demographic fundamentals are impossible to hide or change in just a few years,\u201d the author notes. Amid a boom in Artificial Intelligence, the author says that China has mostly been dependent on borrowed technology and the country\u2019s \u201cinnovation funding is underperforming.\u201d On the so-called concerns raised by Western nations regarding transparency in the Chinese system, the author says: \u201cWestern authorities don\u2019t need to command firms to curtail their China ambitions: transparency about the extent of China\u2019s macroeconomic stress will do that job naturally. An elective decoupling is taking place, even without maximum arm-twisting.\u201d<\/span><\/p><p>\u00a0<\/p><p><b>By: <\/b><span style=\"font-weight: 400\">Riyaz ul Khaliq, <\/span><i><span style=\"font-weight: 400\">CIGA Non-resident Research Associate<\/span><\/i><\/p><p><br \/><br \/><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Author: Daniel H. Rosen Affiliation: Rhodium Group, Council on Foreign Relations (member), board member of the National Committee on US-China Relations, and former Senior Adviser for International Economic Policy at the White House National Economic Council and National Security Council (2000-2001).\u00a0 Organization\/Publisher: Foreign Affairs Date\/Place: April 15, 2022\/ New York, USA Type of Literature: Analysis [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":8936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-8935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia"],"blocksy_meta":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false],"thumbnail":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China-150x150.jpg",150,150,true],"medium":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China-300x200.jpg",300,200,true],"medium_large":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China-768x512.jpg",768,512,true],"large":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false],"2048x2048":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false]},"author_info":{"info":["CIGA Staff"]},"category_info":"<a href=\"https:\/\/geopoliticalcompass.com\/?cat=42\" rel=\"category\">East Asia<\/a>","tag_info":"East Asia","comment_count":"0","rttpg_featured_image_url":{"full":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false],"landscape":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false],"portraits":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false],"thumbnail":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China-150x150.jpg",150,150,true],"medium":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China-300x200.jpg",300,200,true],"large":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false],"2048x2048":["https:\/\/geopoliticalcompass.com\/wp-content\/uploads\/2024\/04\/The-Age-of-Slow-Growth-in-China.jpg",1200,800,false]},"rttpg_author":{"display_name":"CIGA Staff","author_link":"https:\/\/geopoliticalcompass.com\/?author=22"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/geopoliticalcompass.com\/?cat=42\" rel=\"category\">East Asia<\/a>","rttpg_excerpt":"Author: Daniel H. Rosen Affiliation: Rhodium Group, Council on Foreign Relations (member), board member of the National Committee on US-China Relations, and former Senior Adviser for International Economic Policy at the White House National Economic Council and National Security Council (2000-2001).\u00a0 Organization\/Publisher: Foreign Affairs Date\/Place: April 15, 2022\/ New York, USA Type of Literature: Analysis&hellip;","_links":{"self":[{"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=\/wp\/v2\/posts\/8935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8935"}],"version-history":[{"count":0,"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=\/wp\/v2\/posts\/8935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=\/wp\/v2\/media\/8936"}],"wp:attachment":[{"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/geopoliticalcompass.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}