China Is Replaceable, India Will Be the Next Big Development Story: Author

Don Ma
By Don Ma
June 14, 2024Business Matters

The impact of the crisis in real estate, which accounted for up to one-third of China’s gross domestic product, continues to ripple through the economy, as does the cultural alienation of an aging population with its numbers in rapid decline. NTD speaks to James Gorrie, author of “The China Crisis,” to discuss China’s declining economy and which nation could overtake China’s manufacturing might.