![](https://i.imgur.com/CLvY2jA.png")
18-07-2022, 05:57 PM
https://www.lowyinstitute.org/publicatio...pse-theory
THE COLLAPSE OF THE “CHINESE COLLAPSE” THEORY
In Japan, they call it “the collapse of the ‘Chinese collapse’ theory.”
The line, which harks back to more than a decade of dire predictions about China, is a joking way to describe the state of the Middle Kingdom’s economy.
Far from falling in debt-laden heap, the economy is looking robust in the medium term. Many of the perennial China bears are retreating into hibernation.
It is a joke delivered somewhat mordantly, of course, as the Japanese thrive on a strong Chinese economy and also fear a strong China, much like many Australians.
THE COLLAPSE OF THE “CHINESE COLLAPSE” THEORY
In Japan, they call it “the collapse of the ‘Chinese collapse’ theory.”
The line, which harks back to more than a decade of dire predictions about China, is a joking way to describe the state of the Middle Kingdom’s economy.
Far from falling in debt-laden heap, the economy is looking robust in the medium term. Many of the perennial China bears are retreating into hibernation.
It is a joke delivered somewhat mordantly, of course, as the Japanese thrive on a strong Chinese economy and also fear a strong China, much like many Australians.
