The Chinese Economic Crisis of 2016
As what I had told to Mr. Ouyang Daobing (欧阳道冰), the Chinese commercial counsellor to Uganda, when I met him in 2014, there is a serious economic crisis in China from 2015 to 2017, with the culmination in July of 2016. As the writing on the wall becomes clearer, "China's exports saw their heaviest fall in nearly seven years in February", said by Benjamin Carlson.
Will the economic crisis challenge the leadership of the Chinese Communist Party? It may not, if reforms and higher spending could come true.
However, this economic crisis has given us a hint about the duration of this biggest government. According to statistics, there is only 28 years left before its collapse. In other words, maximumly 28 years later, in 2044 exactly, the Chinese Communist Party will step off the stage of history when the economic growth falls down to zero.
Will the economic crisis challenge the leadership of the Chinese Communist Party? It may not, if reforms and higher spending could come true.
However, this economic crisis has given us a hint about the duration of this biggest government. According to statistics, there is only 28 years left before its collapse. In other words, maximumly 28 years later, in 2044 exactly, the Chinese Communist Party will step off the stage of history when the economic growth falls down to zero.
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