> People have been naysaying China for a while but it's kept merrily growing.
That's characteristic of both bubbles and genuine exceptional performance, and in many situations in addition to national economies. Look at rapidly growing startups, for example.
I think China has both bubbles and genuine exceptional performance. The property market there is pretty bubbly. And I don't know if you'd even call the stock market thing a bubble when it was deliberate government hyping.
That's characteristic of both bubbles and genuine exceptional performance, and in many situations in addition to national economies. Look at rapidly growing startups, for example.