How to Beat Back the China Bears
At China Real Time Report, Tom Orlik arms “panda-loving” readers for battle against gloomy forecasters of bursting investment bubbles, real estate collapse, shadow banking catastrophe, dwindling workforces and ballooning debt levels.
For more more than two decades, prophets of China’s impending doom have warned that the greatest economic success story in recent history is about to come screeching to a halt. For more than two decades, they’ve been wrong.
Of course, China has problems: an unbalanced growth model, ballooning credit levels and aging work force among them. But does that mean the world’s second biggest economy is about to fall over?
As a public service for Panda-lovers, China Real Time has compiled a list of the naysayers’ main arguments, and counter arguments you can use to stop them in their tracks.
See also CRT’s China Econtracker, introduced last month “with an aim to build the most comprehensive, free, English-language resource on the web for tracking changes in the world’s second-largest economy.”