March 09, 2015

Dynastic Twilight ?

Several articles have popped up in a relatively short time suggesting that the Chinese Communist Party may be in a surprisingly precarious position. These pre-mortems pop up from time to time and usually focus on the demographic challenges China will face in upcoming years. However several recent articles with rather dramatic titles like "The Coming Chinese Crack-Up"are positing that the rot in the Chinese Communist Party itself is a more immediate threat. Additionally we think of China as a creditor nation because they hold a good chunk (almost 8%) of our debt, but China has quite the issue with their national debt as well. With some suspecting that the middle kingdom is in a rather more fragile state than their increase in defense spending and island seizures would indicate. 

Some might take this as good news, but a collapse of the Mao Dynasty could get exceedingly messy with alarming speed. 

Posted by: The Brickmuppet at 10:00 PM | No Comments | Add Comment
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