China’s Inevitable Decline


Despite what the Trends editors have been saying for nearly 20 years, many investors, managers and policymakers have insisted that China would inevitably surpass the United States as an economic superpower and a geopolitical hegemon. Rather than recognizing the rise of China for what it is — the product of an unsustainable convergence of trends — their "confirmation bias" fooled them into believing that the past fort.....
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