Wednesday, March 09, 2005

economy - China is going to collapse, edition 538

The story that China is going to collapse has followed me in my ten years in this country in all kind of different variations. The death of Deng Xiaoping, the clash between Jiang Zemin and the army, local warlords, the accession into the WTO, SARS: there has been no shortage of causes for China collapse.
They have only one weak point in common: China did not collapse. Not yet, will the analysts of the Strategic Forecasting Inc. says, who try to generate some revenue by predicting China will collapse this time in 2015. They signal a "Capital flight by Western investors", I have not yet noticed, but then, I cannot keep an eye on everything.
(tipped by the China Net Investor.)
For about US$ 400 you can read why China might collapse in 2015, for US$ 30 you can read in my book why this is not going to happen. (Only in Dutch and German available, though)

Update: Please note the remark by Dylan in the comments. The collapse will come much earlier than 2015. Darn.

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