> Mathematically there can be only rate of growth at any point in time.
Huh? I don't understand what you mean by that. Different development strategies can result in different growth rates. Some will just take longer to ramp up but will pay off in the long term.
> You can say the same about US.
All major developed economies try to focus on high quality growth. The question is who is able to accomplish their goals faster/better. Considering the flexibility, strategic planning and political will, my bet in on China.
> It can go this or that way. With access to Western tech cut off, rate of pilfering from the West will also decrease, so that needs to be factored in too.
That is exactly why they are doing dual circulation and focusing on Latam, Asia and a Africa.
Huh? I don't understand what you mean by that. Different development strategies can result in different growth rates. Some will just take longer to ramp up but will pay off in the long term.
> You can say the same about US.
All major developed economies try to focus on high quality growth. The question is who is able to accomplish their goals faster/better. Considering the flexibility, strategic planning and political will, my bet in on China.
> It can go this or that way. With access to Western tech cut off, rate of pilfering from the West will also decrease, so that needs to be factored in too.
That is exactly why they are doing dual circulation and focusing on Latam, Asia and a Africa.