Beijing’s House of Cards Economy Is Crumbling

Beijing’s decade long “can-kicking” may finally be reaching its limit.

Residential buildings and apartments in Guangzhou, in China's southeastern Guangdong Province, are seen in April 2023. Ludovic Marin/AFP via Getty Images

Commentary

We’ve predicted many times in this publication China’s impending economic collapse. But at no time has there been as many economic whirlwinds causing havoc in China as today. Beijing’s decade-long “can-kicking” may finally be reaching its limit.