china is the one regressing to its old self
china only developed fast in the last few decades because the people were given room to breathe
china's progress is mainly a result of less government interaction and more of letting the people do business more freely
on the current trajectory i do not see china catching up to Western AI, semiconductors, or space technology
you just proved my point, why do you think US is having debt issues right now? US govt is spending itself into oblivion.
The strategy, which was used in 2011, could allow both sides to save face but would most likely do little to chip away at the national debt.
www.nytimes.com
it's what all the pretend negotiations are supposed to be about right now