China’s economic transformation: Explore how high-tech manufacturing, surging R&D investment, and consumer spending became the primary drivers of GDP growth over the past five years.
China faces an unprecedented demographic crisis as its population ages and workforce shrinks. With fertility rates in cities like Shanghai plummeting to 0.5 and the elderly comprising 15% of the population by 2025, the economic foundations of its miracle growth are eroding. Explore how soaring dependency ratios, urban pressures, and a collapsing birth rate threaten China’s ambition to become a high-income economy.
According to the most recent audit of China’s local government debt by the China Banking Regulatory Commission, municipal authorities owed…