At least since the turn of the century, economists and policy-makers have been convinced that China will be the economic powerhouse of the next 100 years. But now, it appears, a shift is taking place–doubts are being expressed about Chinese hegemony.
At the WWD Beauty CEO Summit this year, Alan Ennis, Revlon’s CEO, went so far as to declare that China is passed its prime in manufacturing:
Academic Vivek Wadhwa says the country simply can’t innovate–it can only copy:
In an Intelligence Squared U.S. Debate, Asia expert Ian Bremmer says the Chinese economic system isn’t efficient: