Commentary What will be the global strategic impact of the economic decline or collapse of China in the next few years? Major investors have begun to question the viability of investment in China, after decades of championing investment there. China’s economic decline has been underway for more than a decade. Chinese Communist Party (CCP) leader Xi Jinping recognizes this, and knows he has to manage the decline by suppressing those in China who have grown accustomed to wealth and freedom. A reversion to Maoist “internal circulation” economics is likely to be presented to the 20th CCP Party Congress in October 2022 as irreversible and necessary. Xi is already presenting himself as the only leader capable of managing the “controlled implosion” of China, and return to Maoist isolationism. He must portray himself as a robust leader who challenges the Party’s enemies. So what are the ramifications of the collapse or decline …
What If China’s Economy Collapses?
September 18, 2021
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Belt and Road Initiative (BRI)China’s economydeclineeconomic recessionisolationismOpinionThinking About ChinaViewpoints
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