China’s old ultra-high growth rate is never coming back

China’s three decades of super-charged growth began in the early 1980s, and its last year of double-digit growth was 2010.

It’s not clear that Chinese President Xi Jinping and his allies have taken on board the fact that the old ultra-high growth rate is never coming back, writes Gwynne Dyer.Photography by Aykut Unlupinar courtesy of G20 Turkey

Opinion

BY GWYNNE DYER

November 10, 2022

LONDON, U.K.—Predictions are tough, especially about the future (as Yogi Berra once said). Moreover, the “iron laws” of economics don’t actually exist: there are too many random variables for any predictions about economic futures to be reliable. But the 30-year rule comes pretty close. It ...

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