As a rule I agree, but I think in this particular case we do have a pretty good track record in China, and they do publish their 5 year plans so we know what their targets are. In this case it's more nuanced than just saying they're going to keep growing because they have been growing.
That is true! There is a place where they'll end up, but predicting based on long term extrapolation isn't usually good.
As a rule I agree, but I think in this particular case we do have a pretty good track record in China, and they do publish their 5 year plans so we know what their targets are. In this case it's more nuanced than just saying they're going to keep growing because they have been growing.
That's a really good point. They do seem to have a habit of doing what they set out to. I see what you mean now, I was thinking too capitalist.