::In addition, [https://fortune.com/2024/09/08/china-economy-peak-growth-model-dead-end-garbage-time-of-history-xi-jinping/ China laments ‘garbage time of history’ as economy comes off peak and growth model hits dead end, expert says]. China is a middle-income country stuck in the middle-income trap and the USA is a high-income country by a large margin. Besides its oppressive regime, China is much poorer than the USA and has less economic opportunity and that is why many people (including millionaires in China) are leaving China and flocking to the USA. See: [[Essay: Top 12 reasons why people are flocking to the USA and leaving the corrupt, authoritarian countries of China and Russia]] | ::In addition, [https://fortune.com/2024/09/08/china-economy-peak-growth-model-dead-end-garbage-time-of-history-xi-jinping/ China laments ‘garbage time of history’ as economy comes off peak and growth model hits dead end, expert says]. China is a middle-income country stuck in the middle-income trap and the USA is a high-income country by a large margin. Besides its oppressive regime, China is much poorer than the USA and has less economic opportunity and that is why many people (including millionaires in China) are leaving China and flocking to the USA. See: [[Essay: Top 12 reasons why people are flocking to the USA and leaving the corrupt, authoritarian countries of China and Russia]] |