The Prime Minister should not be misguided – Beijing is already in economic decline Daily Telegraph 30/01/26 Sir Keir Starmer is late to the Chinese economic miracle. Hyper-growth was already on borrowed time as far back as 2010, undermined by debt saturation and the insidious long-tail effects of the global financial crisis. China’s share of world GDP has fallen for the last four years at market exchange rates. Capital Economics expects it to fall again this year, touching lows seen almost a decade ago. China’s output has already fallen back from three quarters to two thirds of US levels. It will not surpass the US over the next half century – assuming that Congress and the American people act in time to halt the dangerous buffoonery and predatory wag-the-dog wars of Donald Trump. Talk of a superpower sorpasso is now just a relic of past hubris. Britain’s Prime Minister should by all means be visiting Beijing to build a “more sophisticated relationship”. The UK and China are on...