Everlasting Collapse: 70 Years' Predictions Of China’s Imminent Doom
From the imaginary Great Famine of 1959 to the Property Apocalypse of 2025 – the annual ritual of getting China catastrophically wrong, year after year after year.
From 1980-2008, EU GDP grew 2.7%, the US 3%, and China 9% . Since then, the EU has averaged 1.5%, the US 1.8% and China 7%. In other words, China’s economy has grown 300% faster than Western countries’ and, as they slip out of the top bracket of high income countries, China is entering it.
1990. China’s economy has come to a halt. The Economist
1996. China’s economy will face a hard landing. The Economist
1998. China’s economy’s dangerous period of sluggish growth. The Economist
1999. Likelihood of a hard landing for the Chinese economy. Bank of Canada
2000. China currency move nails hard landing risk coffin. Chicago Tribune
2001. A hard landing in China. Wilbanks, Smith & Thomas
2002. China Seeks a Soft Economic Landing. Westchester University
2003. Banking crisis imperils China. New York Times
2004. The great fall of China? The Economist
2005. The Risk of a Hard Landing in China. Nouriel Roubini
2006. Can China Achieve a Soft Landing? International Economy
2007. Can China avoid a hard landing? TIME
2008. Hard Landing In China? Forbes
2009. China’s hard landing. China must find a way to recover. Fortune
2010: Hard landing coming in China. Nouriel Roubini
2011: Chinese Hard Landing Closer Than You Think. Business Insider
2012: Economic News from China: Hard Landing. American Interest
2013: A Hard Landing In China. Zero Hedge
2014. A hard landing in China. CNBC
2015. Congratulations, You Got Yourself A Chinese Hard Landing. Forbes
2016. Hard landing looms for China. The Economist
2017. Is China’s Economy Going To Crash? National Interest
2018. China’s Coming Financial Meltdown. The Daily Reckoning.
2019 China’s Economic Slowdown: How worried should we be? BBC2020. Coronavirus Could End China’s Decades-Long Economic Growth Streak. NY Times
2021 Chinese economy risks deeper slowdown than markets realize. Bloomberg
2022. China Surprise Data Could Spell R-e-c-e-s-s-i-o-n. Bloomberg.
2023. No word should be off-limits to describe China’s faltering economy. Bloomberg
2024. China Slowdown Means It May Never Overtake US ...Bloomberg
Reading
The Pressure, Potential and Pertinacity of the Chinese Economy, Justin Yifu Lin.
What do you think is the cause of the poor predictions? Is it propaganda to skew [Western] public perception? Is it using [Western] economic and/or political models to assess the Chinese models, thereby not assessing correctly? [Western] economic and/or political models are fairly correct but China responds to address the deficiencies and thereby makes such predictions "wrong"? Other?
"From 1980-2008, EU GDP grew 2.7%, the US 3%, and China 9% ".
Omitted: "annually". Otherwise it looks like very slow growth.