yeah curious about thishttps://twitter.com/tszzl/status/1375693930122014722 …
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(1) Not too sure about this. China's manufacturing cluster stronk (2) Every other East Asian economy that's tried hasn't gotten stuck in the middle-income trap (South Korea, Japan, Taiwan, Singapore, Hong Kong) and China's already at or above where you'd expect it to kick in.
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High level indicator: It's not like the % of goods at Walmart that say "made in China" has dropped noticeably yet. If in a decade "made in China" at Walmart has been displaced by "made in India" than you maybe have a case, but India's landuse laws & labor laws are currently FUBAR
End of conversation
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