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You would think so, but the stories are being repeated a lot in the news: https://news.google.com/search?q=china%20government%20collapse https://news.google.co
by jandrese 4y ago
You would think so, but the stories are being repeated a lot in the news:
https://news.google.com/search?q=china%20government%20collapse https://news.google.com/search?q=china%20government%20collap...
https://www.youtube.com/results?search_query=china+collapse https://www.youtube.com/results?search_query=china+collapse
A slowdown is inevitable. The "china miracle" was loads of debt fueled spending to pump the books, but they still have 1.4 billion people who are still near the bottom of the S curve for domestic consumption. Even the dubious official figures showed a slowdown in growth.
- seanmcdirmid 4y agoYou can always cherry pick sources (especially with google search!). But it is a logical fallacy to discount a serious WSJ or NYT report by quoting some unrelated Gorden Chang or EpochTimes article on the web (for example). That is effectively how the strawman logical fallacy works. China has gone through stealth recessions before when I was living there (GDP growth on paper, but job growth and other indicators clearly in trouble on the ground). They might be going through one now, I'm not sure, but an official recession and housing bubble burst is really due (the latter being necessary for long term health, and even the former useful for getting rid of a lot of unproductive activities).
- signatoremo 4y agoNot a single link on that search, the first page at least, says the Chinese government is going to topple on its own. I have never read a mainstream article that says China will collapse. They are a juggernaut that will continue to achieve impressive goals. What seem to be agreed is that they will face significant challenges, and overtaking the US is not a foregone conclusion.