korrents

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A declining manufacturing share of GDP as an economy matures reflects economic success rather than decline.

Drawn from what Andrew Batson said

China

What Andrew Batson actually said

  1. Andrew Batson China economy researcher based in Beijing who writes…
    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.

Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us

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