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Looking at the future of a country

CN
Lanli
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1 year ago
AI summarizes in 5 seconds.

When looking at the future of a country, it's not just about the current numbers; you need to consider its momentum and potential.

For example, what momentum does Japan have left in its development? None. Japan's last core industry, the automotive sector, will be taken over by China, and Japan will only be able to rely on its past achievements. The anime, adult video, and tourism industries might be all that's left. After all, the cleanliness and orderliness of the Japanese people will make Japan a very attractive tourist destination.

For Russia, you can't just look at its GDP; you need to consider its future. Russia has lost Europe as a major energy customer and is currently under sanctions from the entire Western world, with its domestic industries declining. In this situation, can the GDP growth and high employment rate driven by wartime economy be sustainable? Of course not.

China, on the other hand, faces significant challenges in the short to medium term. One is that the real estate downturn must pass before the economy can recover, and the second is how to transition from infrastructure decline to consumption. However, transitioning to consumption isn't that difficult; it just depends on whether you are willing to do it. The challenge lies in developing industries. China's industrial competitiveness is stronger than it was ten years ago, and in various fields, engineering is not slowing down, and there's no sign of a slowdown.

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