Commentary: A collapse of China’s economy would hurt many countries, including the US
The Western news media’s focus on China’s recovering economy, following a significant downturn last year due to COVID-19 restrictions, has been unrelenting. There has been extensive speculation about the potential crash of China’s economy, yet few have delved into the critical questions: What is the likelihood of China’s economy collapsing? And if it does, what impact would this have on the global economy?
Every day, a flood of articles from the U.S., United Kingdom and European Union underscores China’s challenges. The country is grappling with a shrinking and aging population as a result of its one-child policy.
