China's Slowing Economic Growth Signals Looming Decline and Reduced Global Influence
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China's economic growth has slowed dramatically from its previous rapid expansion. GDP growth fell to just 3% in 2022.
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Demographic declines, loss of cheap labor, trade tensions with the U.S., and a troubled property sector all threaten China's future growth.
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Analyst Peter Zeihan predicts China has 10 more years before civil unrest and decline.
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China's global influence expanded with its economic rise. Its slowing growth has implications for trade, finance, and geopolitics.
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The U.S. economy is growing faster than China's currently and has 6 times higher GDP per capita. The U.S. may remain the dominant global economic power longer than expected.