Alexandr (Alex) Wang

Why do you say that?

I mean, China, at a macro sense, they have huge demographic issues.

That's just the force of gravity in their country.

They have this huge aging population.

They made the wrong bet many decades ago to have a one-child policy, and so they are going to have this huge aging population.

then that plays out really like quite soon, like over the next, like a decade from now, it's going to be, over time, they're going to look more and more like Japan in that way, where they have this like large aging population and it'll paralyze a lot of ability to make any sort of aggressive moves.

So,

particularly when it comes to military, industrial capacity, et cetera.

So that's like one force of gravity that they have to contend with.

And so I think they're going to want to move faster sooner rather than later.

And then they've had such an insane military buildup over the course of the past few decades.

um you know i don't think it's and i think you know we're currently in a situation where china has far more industrial capacity far more manufacturing capacity than we do in the united states and so um that is set you know that's a window for them um so do you think they'll do that they're pressed to do it because of the aging population

I think a lot of factors.

I think Xi is aging, right?

This will be an important component of his legacy, as he would view it, I think.

They have an aging population, which will minimize their political attitude over time, naturally.

And then they have, I mean, they're in this insane window where they have just incredible industrial manufacturing capabilities.

compared to anywhere else in the world.

You know, in 2023,

China deployed more industrial robots than the rest of the world combined.