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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: tjscott0   😊 😞
Number: of 4460 
Subject: Rapid Transformation of China's Economy
Date: 10/29/25 12:00 PM
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chinadaily.com.cn: What China's 15th Five-Year Plan offers the Global South - Opinion
China's upcoming 15th Five-Year Plan (2026–30)

China's plan represents the most significant evolution of its development model in decades. The focus has shifted from labour-intensive growth to one powered by what Beijing calls "new quality productive forces" - science, technology, and human talent. This marks a deliberate move to secure leadership in frontier sectors like artificial intelligence, biotechnology, clean energy, and advanced semiconductors.

Crucially, this push is underpinned by a national effort to build what Chinese planners describe as a "strong education system, a strong science and technology sector, and a strong talent base." The logic is simple but profound: innovation cannot be imported; it must be cultivated. Rather than relying on technology transfer from abroad, China is betting on long-term investment in research and human capital to sustain its rise.

China for 30 years developed into the world's manufacturing center.
China's demographics & the US's war upon China's economy has forced China to move rapidly to technological innovation for automated high value product manufacture.
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