China may yet find itself ensnared in a kind of economic Thucydides trap: attempting to surpass an incumbent hegemon bent on keeping it down — and never quite succeeding. japantimes.co.jp/commentary/20… #commentary #worldnews #china #us #chineseeconomy #useconomy #trade #tariffs
Can China catch up with the U.S. economically?
With its GNI per capita having increased steadily in recent years, China has probably evaded the middle-income trap.Keun Lee (The Japan Times)