'involution' means more and more intense competition, and new graduates have higher and higher academic qualifications and abilities. Is there any connection between this and collapse? Competition will only give birth to the real strong.There is something call the 'involution' movement in China. Look it up.
Chinese term for involution is 内倦. It's the opposite of a movement, it's an expression of being tired and giving up. Which is fine. They're not mad, they're just sad. Being sad is A-OK for society, see Japan.There is something call the 'involution' movement in China. Look it up.
Na dude, he's basically cherry picking all negative news out of China to support his biased opinions.He’s a protege of George Friedman of Stratfor. Data-wise the information is correct, But when countries are faced with these kinds of challenges they tend to expropriate wealth from some (through increased taxes usually) to keep their system going, while doing quantitative easing, and some real restructuring. Fractional reserve banking is a “Ponzi scheme” that requires momentum to keep it in place. This is for most of the highly productive systems in the world.
China will probably have a bit of a bumpy path correcting its bubbles over the next 10 years, but will come out stronger if it can catch up technologically in all the advanced industries lined out in China 2025 plan like semiconductors. The is even more true if BRI works out.