Home Systemic shift: From Made in China to Powered by China

GEAB 161

The monthly bulletin of LEAP (European Laboratory of Political Anticipation) - 15 Jan 2022

Systemic shift: From Made in China to Powered by China

China’s economy weakened further in August 2021 after a fresh Covid outbreak curbed consumer spending[1]. To relaunch the economy after the Covid-19 crisis, the country continued its old-style supply boost by starting state sponsored projects and reinforcing factories to produce more and more. Yet, as data has shown, internal demand in China has not risen as much as the GDP (household expenditure component of GDP, over the 20 past years). The country needs to find new ways to flood more products to the world, and it needs to do so in a global context of “everything but China” that has emerged with the pandemic, which is dampening prospects of open markets. A trade surplus at an all-time record high was recently published reaching $84.54B USD[2]. How can this surplus create more fat from an already leaned and ripe manufacturing? 

Comments

To leave a comment sign up now
Contents

A cluster of major trends 2022 is shaping up to be a complicated year... After the great pause of 2020, 2021 tried to make it look like things would return [...]

Dear readers, A new year is beginning, the sixteenth anniversary of the GEAB, and the team believes that the bulletin should now be declared of public utility. At a time [...]

Between the film Ready Player One and the thunderous announcements of Facebook's name change to Meta, the obedient public of the future (that we are) could end up imagining a [...]

Investments - The voice of reason In view of our booklet of trends and all the points of uncertainty we have identified, we would urge you to be careful about [...]

Related articles
GEAB
15 Feb 2025

Is the European crisis a glimpse into ASEAN’s future?

#ASEAN #asia #China

At the start of this issue, we put forward the following hypothesis: Asia may be developing at breakneck speed, but it is ultimately following the same economic model of the [...]

GEAB
15 Feb 2025

Investments, trends and recommendations

#ASEAN #asia #China #meta #nvidia #sahara

2025: Western Sahara, the new investment hotspot! We believe that the Morocco-Algerian disagreement over the Western Sahara will come to an end by 2025. Progress has been slow but steady. [...]

GEAB
15 Feb 2025

2026 – ASEAN sets a new regional financial order

#ASEAN #asia #China

The BRICS' difficulties in building a suitably influential financial system can be explained by their internal divisions. In 2026, we expect Asia to take over and lay the foundations for [...]