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Chinese economy will not collapse

Updated: 2013-09-10 17:40

By Seneca (US) ( bbs.chinadaily.com.cn)

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How many economists wrote articles predicting Chinese economy downfall over the last 20 years? Countless right? However, none have actually materialised. The Chinese government has steered their megacarrier through choppy seas quite successfully. The system is much more resilient than commonly acknowledged. Of course, there are some problems, but the ruling clique has a talent to make necessary adjustments.

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Schedule

President Xi visits Central Asia, attends G20, SCO summits

Sept 3 to 13: Pay state visits to Turkmenistan, Kazakhstan, Uzbekistan and Kyrgyzstan.

Sept 5 to 6: Attend the eighth Leaders' Summit of the Group of Twenty (G20) in St. Petersburg.

Sept 13: Attend the 13th Meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization (SCO) in Bishkek, the capital of Kyrgyzstan.

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Forum

Chinese economy will not collapse

The Chinese government has steered their megacarrier through choppy seas quite successfully.

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