Why China's Economy Will Not Collapse

Despite the political issues and the economic slowdown in China, it is still a growing country. Experts believe its economy will continue to remain strong for a while.

Article written by guest writer Rin Mitchell


What’s the Latest Development?

Reportedly, many believe China is headed for a collapse because of housing prices, corruption, costly education, “an antsy middle class and college graduates with dreams deferred.” Theories of economical issues affecting political issues are debunked by lack of evidence to show that a weakening economy leads to “chaos in the streets.” True, tensions among political parties may have to do with some of the economic analysisbut not enough for it to the be the sole reason behind the political problems. However, one theory is believed to be on track, as it is stated “violence is a mark of modernizing societies,” which means three things: “the government gains recognition as the legitimate wielder of force; the division of labor is divided between military, administrators, scientists and the judiciary; there is mass political participation.”Citizens are affected by the government’s handling of its laws and administration, yet what people see in the media about China is “radically illegitimate oligarchy powered by the blood of its treasured working class.” Although a lot needs to be fixed, it paints a false picture than what is true, in which “the Chinese Communist Party has accrued political capital by improving the lives of its people in ways many bygone regimes could not.” 

What’s the Big Idea?

There is more to the picture of China's fate than pie charts and graphs. China is far from any sort of hard landing in its economic structure at least for the duration of 2012. The same can ring true for 2013 being "China’s institutions are still significantly ahead of the demands of its society.” It has sustained growth despite its “faltering economy,” which does not necessarily result in “disorder, even when effective institutions are absent.” 

A dark matter hurricane is crashing into Earth

Giving our solar system a "slap in the face"

Surprising Science
  • A stream of galactic debris is hurtling at us, pulling dark matter along with it
  • It's traveling so quickly it's been described as a hurricane of dark matter
  • Scientists are excited to set their particle detectors at the onslffaught
Keep reading Show less

We are heading for a New Cretaceous, not for a new normal

The climate change we're witnessing is more dramatic than we might think.

Image credit: NASA Goddard Space Flight Center from Greenbelt, MD, USA
Surprising Science

A lazy buzz phrase – 'Is this the new normal?' – has been doing the rounds as extreme climate events have been piling up over the past year. To which the riposte should be: it's worse than that – we're on the road to even more frequent, more extreme events than we saw this year.

Keep reading Show less

New study reveals what time we burn the most calories

Once again, our circadian rhythm points the way.

Photo: Victor Freitas / Unsplash
Surprising Science
  • Seven individuals were locked inside a windowless, internetless room for 37 days.
  • While at rest, they burned 130 more calories at 5 p.m. than at 5 a.m.
  • Morning time again shown not to be the best time to eat.
Keep reading Show less