This is exactly what I’m saying. The growth is coming to a more reasonable level. It’s steadily trended down for years now, and will likely end up near US levels if I had to guess.
If that is exactly what you meant to say then I suggest you put more thought into how you phrase things because that’s not the meaning I extracted from your post and I don’t think I’m alone in that based on the other responses here.
Furthermore, there is no such thing as an objectively “reasonable” rate of growth for a country since the physical, social, and economic factors behind growth are different for each country.
No, there isn’t a “reasonable” rate of growth. Of course. It is just what it is. GDP isn’t even useful to an average person. I was only commenting on the OP because it’s misleading (on purpose) and there’s no need for that.
This is exactly what I’m saying. The growth is coming to a more reasonable level. It’s steadily trended down for years now, and will likely end up near US levels if I had to guess.
https://www.statista.com/statistics/263616/gross-domestic-product-gdp-growth-rate-in-china/
If that is exactly what you meant to say then I suggest you put more thought into how you phrase things because that’s not the meaning I extracted from your post and I don’t think I’m alone in that based on the other responses here.
Furthermore, there is no such thing as an objectively “reasonable” rate of growth for a country since the physical, social, and economic factors behind growth are different for each country.
No, there isn’t a “reasonable” rate of growth. Of course. It is just what it is. GDP isn’t even useful to an average person. I was only commenting on the OP because it’s misleading (on purpose) and there’s no need for that.
True, it’s just basic tendency for the rate of profit to fall.