Wednesday, January 4, 2012

Gordon Chang: The Coming Collapse of China

Chang is the author of The Coming Collapse of China. He believes that the communist party will fall in 2012 because of the following reasons:
1. The end of Deng Xiaoping's progressive policies as evidenced by "indigenous innovation" rules and blocked acquisitions
2. The end of the global boom in 2008. Now most countries will try to export their way out of trouble and protectionism is likely to increase
3. Worsening Chinese demographics with the Chinese workforce projected to level off in 2013-14.
In addition, growth is slowing and civil unrest is increasing as the government struggles to contain the side effects of its massive stimulus in 2008.

The Coming Collapse of China: 2012 Edition- By Gordon G. Chang | Foreign Policy

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