Trump’s Caricature Of China As A Job-Stealing Economic Bogeyman Is Past Its Expiry Date
…The version of China that Trump continues to rail against is increasingly out-of-sync with the China that exists today. Its economy, much as other developed economies have already done, has begun transitioning towards a post-industrial economy. The manufacturing boom that powered China’s economic rise over the last two decades has started to draw to a close—and making goods is getting more expensive relative to other economies.
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