China: Rubik's Cube in the making? - Rabobank

By 2025 China aims to conquer high-end manufacturing and by 2050 to become a global superpower: much like a Rubik's Cube as getting there will involve solving interlinked puzzles, according to analysts at Rabobank.

Key Quotes

“So far progress looks smooth due to use of a 'Japanese playbook': however using the wrong algorithms with a Rubik's Cube sees rapid initial progress - and then you get stuck.”

“On an underlying level China faces deep structural problems: inherent contradictions in its excess saving-investment-export model are emerging, just as they did in Japan before it.”

“Moreover, this model is generating a strong political pushback from the US: and China is not as well prepared to face those kind of potential blows as might seem.”