/sci/ - Science & Math

>>11123066
>like other Asian countries
Japan stagnated because they eclipsed US in per capita income and peaked in early 90s. Japan is developed almost completely. China's still got huge divide between coastal areas and inner rural areas. Their development rate is only halfway to Japan's level per capita.

>economy slowing down
Economy slows down enough once a country starts to shift to a mature economy, barring a full EU tariffs on China, the effects of US tariffs are there but nothing enough to change course of time. Their "slow down" of economy means they're not 6.3%(or whatever) growth rate instead of 6.5% or so. If you look at where the real growth in China is, its just domestic middle class people. They've got a huge amount of middle class and those people's spending is driving their economy mainly now. Not a lot of Chinese brand gets outside of China, however in China, its overwhelmingly a domestic industry with few foreign companies taking part as exotic commodities.