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Fortune

China laments 'garbage time of history' as economy comes off peak and growth model hits dead end, expert says

Fortune
Summary
Nutrition label

81% Informative

Bank of America recently cut its 2024 growth forecast to 4.8% from 5% and sees further slowing in the next two years .

Rhodium Group partner Logan Wright says China 's global influence probably peaked in 2021 .

China ’s economic growth model has reached a dead end, he says.

VR Score

83

Informative language

81

Neutral language

67

Article tone

semi-formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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