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Last week, as U.S. President Barack Obama was preparing for his first visit to Beijing and the China-as-rising-superpower meme was center stage, a story on Politico.com posed a provocative question: Is China headed toward collapse?
Skepticism about China is not new. Lawyer Gordon Chang published The Coming Collapse of China in 2001, and he's been waiting for the thud ever since. In a recent column in Forbes magazine, Chang insisted China's third-quarter GDP growth this year is unlikely to be "anywhere near...
Never mind that the World Bank, International Monetary Fund, Moody's Investor Service, and various research houses and investment banks take the number at face value. Chang says "Beijing's statisticians have gone back to their old tactic of making up figures to support the Politburo's predictions." He points...
But the Obama Administration's initial hopes for widespread Chinese broadcast of the event were not, in the end, realized. Though the event was covered on Shanghai television, elsewhere in the country the broadcast networks did not carry the feed. The White House website streamed the video, but it was...
- With reporting by Austin Ramzy and Chengcheng Jiang / Beijing