China faces deflation with weak demand & overcapacity
US trade restrictions may intensify economic struggles
5% GDP growth & 2% inflation targets look ambitious
Sectors reliant on China, like metals, must re-evaluate
$18 trillion lost in real estate, hurting consumer demand
Deflation discourages spending, worsening economic woes
Unprofitable firms continue operations despite losses
Restrictions on capital mobility worsen inefficiencies
No capital mobility reforms or major fiscal stimulus
Focus shifts to tech investments & productivity growth
R&D spending nearing US levels amid US budget cuts
Will tech leadership be enough to avoid stagnation?