Dusseldorf Driven by the communist government in Beijing, China is increasingly developing into a technology location for high-quality products that can be sold at high prices. The consequence: In 2028, China could overtake the USA as the world’s largest economy for the first time.
China’s rise to global economic power is unthinkable without the millions of workers. But the country is facing major demographic problems: Because of the decades-old one-child policy, society is aging rapidly, and fewer young people are moving into offices or the workbench.
When it comes to innovations, China is also catching up and is only just behind Germany. Only the USA still has a certain lead – but for how much longer?
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