Feb 13 β€’ 05:03 UTC πŸ‡΅πŸ‡± Poland Rzeczpospolita

China faces a dilemma of whether to risk an ultimate confrontation with the USA

China is grappling with a critical decision regarding a potential confrontation with the USA, as emphasized by economic perspectives from experts like Hideaki Tanaka.

The article discusses China's challenging position as it contemplates an ultimate confrontation with the United States, fueled by economic analyses from prominent experts, including Professor Hideaki Tanaka. Tanaka, an esteemed economist from Meiji University in Tokyo, argues against the officially reported economic growth figures from China, claiming they underestimate the real growth rate which he believes is between 1-2%, rather than the 5% stated by Chinese authorities. He draws parallels between China's current economic struggles and Japan's past economic malaise, suggesting that China may be on a similar trajectory of stagnation.

The piece also highlights Tanaka's focus on Japan's four decades of economic stagnation, during which growth has stalled significantly, leading to profound socio-economic implications. He notes that the average income of Poles has recently surpassed that of Japanese citizens, signifying a shift in economic dynamics. For China, addressing this 'Japanese disease' of stalled growth presents complexities, particularly in the context of its relationship with the United States, where tensions are escalating.

Tanaka's insights serve as a crucial reminder of the economic and political dilemmas that China faces as it navigates its future. The conversation surrounding the potential confrontation with the USA not only touches upon military and diplomatic issues but also highlights the intertwined nature of economics and international relations as China seeks to assert its global standing while managing internal economic challenges.

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