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 May 2024

Investments, trends and recommendations (May)

#banks #China #copper #finance #investment #nuclear

CBDC, critical materials, digital industries, green energies, electric cars... China leads the way The transition to CBDCs adds another layer of digitalisation, and will put further strain on markets under [...]

GEAB
15 May 2024

Euroland 2025-2030: From reality in our pockets to virtuality, what will remain of the (European) Union?

#CBDC #currency #economy #euro #Euroland #governance #money

The Euro in your pocket: A sense of belonging to Europe The relationship we have with money is charged with affectivity and emotion, extending beyond its economic, financial, and monetary [...]

GEAB
15 May 2024

The future of payment systems, the disappearance of cash: When monetary policy is no longer enough

#economy #finance #governance #money

Among the anticipated back to basics, few measures hold as much potential efficacy as money itself. In times of mounting difficulties and risks, reverting to fundamental principles becomes imperative. Politicians [...]