Sunday, January 3, 2016

China: A Return to the Ranks of Weak States?

Will 2016 Bring the Collapse of China’s Economy? (Gordon Chang) from the National Interest
"The severity of China’s economic problems—and the inability to implement long-term solutions—mean almost all geopolitical assumptions about tomorrow are wrong. Virtually everyone today sees China as a major power in the future. Yet the country’s extraordinary economic difficulties will result in a collapse or a long-term decline, and either outcome suggests China will return to the ranks of weak states. As an initial matter, China’s current situation is far worse than the official National Bureau of Statistics reports."
Economic collapse?  Answer: Probably.

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