The Chinese economy, despite the robust-looking figure, is in the early stages of failure.
In a failing China, the Communist Party’s leadership will undoubtedly fall back on nationalism — and could end up starting a war.
China’s 6.3 percent report missed expectations by a wide margin, and analysts are now talking about how the Chinese economy is slowing fast.
Beijing overstimulated its economy to get past the 2008 downturn.
China’s total-country-debt-to-GDP ratio, after taking into account the so-called “hidden debt,” many say, is about 300 percent.
Everyone says China must now rely on consumer spending, but China’s economy is geared toward depressing consumer sentiment.
A fundamental change to the structure of the economy would, as a practical matter, require a fundamental change to the political system. »
