Chinese financial system close to collapse?

I will believe it once it happens. Their economy has extensively slown, but all economies, globally, are regressing with some positivity here and there. The Chinese state is also buying more enterprises, and they are doing it in response to the turn down, so it would be budgeted. I expect some restrictions within their economy to be relaxed.

They haven't collapsed, yet, and there are also European countries bordering on collapse. Any wrong decision could end a leader's term. It has already happened in the UK, and within some elections.
 
China is a very old nation and still excist, and maybe they saw 1992 coming and got two economies going, a solid one in the background and one for the corruptees going digitally wild over the globe like theres no end to it wasting resources like theres no tomorrow.
 
Modern 1992 type corruption one type of example where the project/service becomes the MEDIUM to channel money(Forget "Inflation", channelling suck Money under your eyes). Credit can be involved as well, it just collapses leaving hole in the banks, resources wasted, corruptees move on, all initially through the books, difficult then to detect or see coming. As it becomes more clear and understandable it will be easier to detect in early stages. Every time money moves Resources are wasted, thats how human beings live, however if you rape the process, Nature is going to get you in a closed system like Earth, Money(Abstract) cannot be wasted, it stays in the system just moves between accounts and thats what is not understood well.
 
Fulcrum29 said:
I will believe it once it happens. Their economy has extensively slown, but all economies, globally, are regressing with some positivity here and there. The Chinese state is also buying more enterprises, and they are doing it in response to the turn down, so it would be budgeted. I expect some restrictions within their economy to be relaxed.

They haven't collapsed, yet, and there are also European countries bordering on collapse. Any wrong decision could end a leader's term. It has already happened in the UK, and within some elections.
Click to expand...
European one is based on more honest/accurate reporting, so you actually know the debt and stuff, and it's supported by stronger countries.

China it's a case if one sector falls, all of them will come down as it's quite interconnected, and they've not been honest with how their growth/economy is measured/doing, so no real way of knowing how large the fallout will be, all that shadow debt.
 
Seeing a lot of video's around stating China will collapse soon. Not sure I believe it. Of course it all depends what you mean by collapse. Is it growth that collapses? That is possible, especially if it means growth reduces significantly. If they mean an 80% contraction of economic activity like Zim saw, I have doubts. Certainly China has some big problems to solve and some costs to pay for their one child policy and the way they have structured their economy and society but they have shown a lot of resilience, and problem solving capacity over the decades so I would not write them off.
 
Chinas goal is to become the tech giant country and move away from manufacturing I think
 
Manufacturing is one of the basics to stand on your own feet as a country, so moving away, are you going to wish manna from heaven to fall-?
 
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