Part 10/11:
Outlook: An Uncertain Future
The confluence of deflation, high debt levels, and unreliable data paints a complicated picture of China's future. While the narratives surrounding an imminent collapse are widely circulated, the reality is far more nuanced.
Despite its challenges, some economists suggest that China possesses enough internal safeguards and foreign reserves to withstand oscillating economic conditions. The authoritarian government’s tight grip may offer a counterbalance to civil unrest, allowing the supposed “Chinese miracle” to adapt rather than collapse.