China's Economic Power Peaking: Top Trends Of 2022
NDTV's Prannoy Roy discusses the top 10 trends of global economy in 2022 with global investor and author Ruchir Sharma. In China's case, the entire growth will have to come from productivity as its labour force has been shrinking, now even its overall population is set to shrink from next year. This combination of too much debt, changed demographics - these are all likely to lead to a decline in China's growth rate far beyond what consensus expects currently.
