Quote from: JunaidAzizi on September 09, 2023, 04:45:37 PM

Quote from: Spaceman1000$ on September 04, 2023, 03:26:53 PM

Sometimes as a rational thinker, I've tried to wrap my head around how China has been able to sustain their economy with an estimated GDP growth of 3.00 percent and per CAPITAL GDP of 18187.98 USD, Especially owing to the fact that, they have to much people heavily dependent on her economy and population of over 1.400 billion people.

Well, you are confused about how China maintains that its growth is low but still sustains its economy. there are many factors behind it. let's talk about some factors, The govt makes an investment in education, infrastructure, and health which helps to increase to improve productivity, They have a strong manufacturing sector which increases the opportunity for jobs and a high number of labourers.

The population of China is very large instead of making it difficult for them they take benefit of it as it provides large domestic markets. The Chinese government has brought numerous reforms in recent years which attracted the foreigners to invest there. And due to the strong manufacturing sector, their export ratio is high.

In my view, These are some other factors from the above that stabilize their economy, After the covid 19 the economy of the whole world was disturbed but China has covered it faster than others.

I agree, as someone who has a friends in China I know how strong government funded all of the things that will benefit the country in the long run. They put education as one or maybe the top priority among all other things, they even have a good structures and education facility in their country. I know that some of the people only knew China for their replicated products but the thing is most of the global companies are in China for cheaper resources and we cannot deny how patriotism China have.