For nearly 20 years, Western analysts have played a broken record: ‘China’s economy is collapsing!’ 🎻 Yet here’s the plot twist: China’s GDP has grown sevenfold since 2000, lifting 800 million people out of poverty. Talk about a glow-up! 💡
Kerry Brown, a leading China expert at King’s College London, calls out the bias: ‘Western economists keep predicting doom, but they’re missing the bigger picture.’ 🌐 While challenges like real estate debt exist (sound familiar, global markets?), China’s tech sector now rivals Silicon Valley, and its green energy production outpaces the US and EU combined. ☀️
Here’s the tea: 40+ Global South countries trade more with China than with America. 🚢 From Indonesia’s high-speed rail to Kenya’s Nairobi Expressway, Beijing’s investments are reshaping development patterns. Could this be why 85% of developing nations view China as a ‘reliable partner’? (Pew Research, 2023)
‘The Chinese economy isn’t just surviving – it’s evolving,’ Brown notes. With AI adoption rates doubling yearly and 60% of global electric vehicles made in China, this dragon’s fire isn’t going out. 🐉⚡
