Very useful insights & passages.
It’s easy to be gloomy about China today, given the obvious challenges with economic growth and authoritarian tightening. But I found myself more optimistic about the future while I was in Thailand. Some people are drifting away from China, and many of those who stay are dreaming of better futures. These are creative acts.
A recent Chinese blockbuster made Thailand appear to be a dangerous place to visit, and state media has occasionally amplified that sentiment. To Chinese and other foreigners living in Thailand, it’s absurd to think that crime and danger lurk around every corner because it’s a pretty safe place. They fear that state media is trying to create a pretext to justify a presence for Chinese police in Thailand, rather like how they are sometimes reaching into Mongolia.
Much of China’s present strength rests on manufacturing leadership. If China can’t achieve reasonably high levels of growth, then the manufacturing advantage will dissipate faster, along with many of its other capabilities. And Xi Jinping has formally de-prioritized economic growth as China’s top task.
If we obsessed only over America’s problems, it would be a pretty ugly picture as well.
Essentially it appears to confirm that both great superpowers are turning inwards to shrink the pie rather than looking outwards to grow it.
Definitely a very talented writer, with a knack for compelling stories, hooks & observations. Much more there than the above, but a very worthwhile read. Thanks for sharing!
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