Welcome to “Peak China”

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This is an interesting debate. I am very much in the camp that we are at Peak China economically and in soft power terms. But in terms of hard power, I do not think so. That is, as China weakens I expect it to become increasingly bellicose to distract its always restive population. 

This makes Albo’s pivot back to China doubly stupid given decreasing economic power and rising militarism.

TS Lombard explores the issues.


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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.