Is China's Economy On The Verge Of Collapse?

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• published: 09 Jul 2015
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Can The US Still Call Itself A Wealthy Nation? - http://testu.be/1sNPbhs Subscribe! http://bitly.com/1iLOHml With the second largest economy in the world, China is now encountering bumps along the road. So is China on the verge of an economic collapse? Learn More: China's stock market crash, explained in charts http://www.vox.com/2015/7/8/8911519/china-stock-market-charts "China's stock market has plunged over the past month. Here are eight charts that help you understand what's going on." A crisis of young and old in China's birth rate http://www.nytimes.com/2006/06/28/world/asia/28iht-age.2074563.html "Shanghai is rightfully known as a fast-moving, hypermodern city full of youth and vigor." Asia to face 'significant economic challenges' in 2015 http://www.dw.com/en/asia-to-face-significant-economic-challenges-in-2015/a-18165069 "As China's economic expansion moderates and Japan struggles to come out of its third recession in two years, economists have revised down forecasts for several economies in the region. " People's Republic of China Financial System Stability Assessment http://www.imf.org/external/pubs/ft/scr/2011/cr11321.pdf "China has made remarkable progress in its transition toward a more commercially-oriented and financially sound system." Shadow banking in China: A primer http://www.brookings.edu/~/media/research/files/papers/2015/04/01-shadow-banking-china-primer/shadow_banking_china_elliott_kroeber_yu.pdf "The rapid development of China's shadow banking sector since 2010 has attracted a great amount of commentary both inside and outside the country." China's Total Debt Load Equals 282% of GDP, Raising Economic Risks http://blogs.wsj.com/economics/2015/02/04/chinas-total-debt-load-equals-282-of-gdp-raising-its-economic-risks/ "China's overall debt load has risen quickly since the global financial crisis." Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubenews Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette