Our readingWhat is a korrent?
A declining manufacturing share of GDP as an economy matures reflects economic success rather than decline.
Drawn from what Andrew Batson said
SubjectChina
Our readingWhat is a korrent?
Drawn from what Andrew Batson said
Both of these trends are a consequence of economic success, in terms of higher output and productivity: at least some of what is decried as "de-industrialization" is good actually. It is also good for China's planners to recognize that reality and not distort the economy in pursuit of an impossible outcome.
Where this was said
↗China bows to de-industrializationandrewbatson.com
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Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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