Shift in global economic landscape: who is growing and who is shrinking?: Michael Hudson
By: Global Times | Published: Aug 21, 2025 11:23 AM
China’s economy is the fastest-growing economy in the world, and its Asian partners are also growing fast. Meanwhile, the Western economies are shrinking, with US and Eurozone undergoing de-industrialization. For any country looking to expand trade and investment, it is obvious that they should choose markets whose economies are growing. …