The 7 Huge Megatrends That Will Define China's Next Decade

[thenews]

For nearly two decades, we've counted on China to be the perpetual growth machine that would power the world's economy.

But as many have observed, that era is slowly coming to an end.

Jefferies recently published a massive 426-page report that boils down what we can expect in this next phase of China's development.

Here's a portion of the bank's summary of its presentation, called Jefferies "China 2025: A Clear Path to Prosperity":

Academics have already pointed out that China has hit ‘a Lewis turning point’ (China has run out of cheap labor) and/or growth will eventually slow since the economy has ‘less catch-up left’ as technological limits are appearing (Solow Growth Model).

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