Everywhere, countries are automating in a desperate attempt to increase productivity. Britain is barely in the game.
Chinese productivity growth has slowed down considerably in recent years??
Our media get away with claims like this but they’re eliding ‘growth’ and ‘rate of increase’ (usually %). In reality, China's economy is red hot.
China's GDP is $30 trillion PPP
5% growth = $1.5 trillion.
$1.5 trillion = more than the GDP of 192 countries.
$1.5 trillion = more than US + EU growth combined.
$1.5 trillion = 30% of global growth*.
Chinese productivity growth has slowed down considerably in recent years??
Our media get away with claims like this but they’re eliding ‘growth’ and ‘rate of increase’ (usually %). In reality, China's economy is red hot.
China's GDP is $30 trillion PPP
5% growth = $1.5 trillion.
$1.5 trillion = more than the GDP of 192 countries.
$1.5 trillion = more than US + EU growth combined.
$1.5 trillion = 30% of global growth*.