10 Things That Could Go
Horribly Wrong In China
The world has watched in awe for three decades as China emerged from obscurity to become the second largest economy in the world.
However, an economy that is so large and growing so quickly is inherently fragile.
The tiniest catalyst could trigger wars, bring down the government, or launch protectionist policies that could send shock waves through the global economy.
We can think of at least 10 very realistic, destabilizing risks facing China right now.
- Rare earths exports could stop.
- Inflation could surge.
- Pollution could spin out of control.
- China and Japan could go to war.
- Corruption could cause the collapse of the Party and state.
- Unemployment could spike.
- China's cyberattacks on the US could destroy jobs and shift military power.
- Chinese-US trade relations could collapse.
- American dependence on China could backfire.
- The economy could experience a hard landing.
29 Crazy Things That Only Happen In China >
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Read more here: www.businessinsider.com
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