Other sources with considerable authority in the field of economics disagree with that prediction:
China’s gross domestic product will grow an average 4.5% over this decade, according to a new forecast by Oxford Economics, meaning China will take longer than other Asian economies such as Korea and Taiwan to catch-up with living standards in the developed world.
China’s gross domestic product will grow an average 4.5% over this decade, according to a new forecast by Oxford Economics, meaning China will take longer than other Asian economies such as Korea and Taiwan to catch-up with living standards in the developed world.
www.bloomberg.com
China's growth is projected by many experts to slow down over the next decade, but the vast majority make no mention of an outright collapse. I would also expect the US and its allies to be far less concerned about China's power than they currently are if they had realistic indications that it would collapse within a decade.
Also, if China collapses, that will
heavily affect many other countries, including the US and Europe. It's not such a simple or straightforward issue where China's geopolitical rivals would benefit from its collapse. This is not the USSR with its Iron Curtain blocking Western trade; China has a largely symbiotic economic relationship with the US and Europe.
I think the climate crisis will significantly disrupt global industry and stability before China or any other major global power collapses.