Washington Post (August 17)
2022/ 08/ 17 by jd in Global News
“By next year, India will become the most populous nation. This, like House Speaker Nancy Pelosi’s splendidly insouciant visit to Taiwan, will diminish today’s fatalism about China — the fallacious assumption that its trajectory is inevitably upward, so it must be accommodated.” Chinese labor is now “increasingly expensive and decreasingly abundant,” as its population peaks and declines by roughly half.
Tags: Abundant, China, Diminish, Expensive, Fallacious, Fatalism, India, Labor, Peaks, Pelosi, Population, Populous, Taiwan, Trajectory
