I'm familiar with both economies. China is at zero risk of a collapse and americans don't understand this because they assume China uses a similar economic model as America. They don't. Think about what makes a good economy to you, what would you list? - Strong real estate market - Stock market appreciating - Low unemployment - Growing GDP You know what China cares about? None of the above. The Chinese do not give a concern to what equity prices are or whether there is low unemployment in the mainland. Because fundamentally a strong country does not depend on the things the media tells you to care about. The metrics that are used in the west are simply a measure of how well the financial parasites are doing. Here's what China cares about: - Control of natural resources - Capital improvements to the cities - Expanding global influence in the developing world - Control of foreign economies - Maintaining the modern Chinese culture - Technological and infrastructure developments at all costs. You see, China will happily experience what you or I would call a recession if it is strategically in their interest to do so. They created the ghost cities, not because they helped grow the GDP, but so they could handle demographic growth ahead of time. They kept facebook and google out of their country, even though the Chinese people would have loved those assets, because it allowed them to keep out foreign influence and grow their own industries. If you want to understand China, simply imagine a country that puts the interest of their people above their short term profits. They are a cheap knock off of national socialism in that way. Granted, it's vastly inferior to german national socialism, but it's still far superior to the western Banker-Centric economies. China, like Germany, knew that democracy would be captured by foreign control of the media. So they simply took most types voting off the table. And it works because China is ethno-nationalist and thus you do not need wide spread voting to represent the interests of the people. It's true that in this moment the west is better for certain types of business, but in reality more Chinese have been raised out of poverty in the past few decades than the westerners could imagine. Now if a Chinese run ethnonationalist country can be so effective, imagine if Europeans looked out for their own interests...