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80 sats \ 3 replies \ @BlokchainB 15h \ on: BYD building Zhengzhou factory larger than the city of San Francisco Construction_and_Engineering
The power of the CCP
The CCP poliburo is composed mostly of trained engineers- reverse engineering the wests technology and beating the west at its own game.
China has won the trade war.
What comes next is domination of protocols like monetary systems.
Good bye USD reserve currency status.
Good bye US exceptionalism/imperialism.
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Maybe although an aging population is not unique to China- it is present across all presently wealthy nations.
Chinas current retirement ages of 50 for women in manual labour and 55 in white collar jobs and men 60 leaves more room to move as does Chinas lead in robotics!
'China is gradually raising its retirement age for the first time since the 1950s, with plans to increase it from 50 to 55 for women in blue-collar jobs, from 55 to 58 for women in white-collar jobs, and from 60 to 63 for men, starting January 1, 2025. This change is part of efforts to address the challenges of an aging population and a shrinking pension budget.'
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