CHina's Meteoric rise: A cautionary remarks.

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Cheap EV, 5G infratructure, amazing GDP growth, bleeding edge in AI innovation and application, new world superpower; these are the terms used to describe China, as a complementary remarks from everybody. I would caution against praising China as the role model for the future. It is like the West in the early 20th century, but with 21st-century gadgetry. Sure, they managed to shoot their GDP through the roof in recent years. But it is powered by exploiting cheap labour, a vast local market, and the extraction of cheap natural resources (which are still abundant) with little precautionary cost. The problems facing the West now will hit them sooner rather than later. And will hit the world harder too.. (Pollution. inequality, loss of community values, transferring environmental stress to other poorer countries.- all the signals of a decaying advanced industrialised society.) One thing people already noticed is the lack of real innovation in China. They don't innovate, they just tweak what the West did, and managed to do better. In fact, I believe their invention of gunpowder and the compass is more revolutionary than the tweaking and reverse engineering of tesla. This itself is not a problem. The problem is, if the real spirit of innovation is low,  that they might not be able to come up with the corrective social innovation to cope with the similar decay facing the West.

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