China’s Economy Spirals With No End in Sight, Says Kyle Bass
Bass says Washington wields a ’trump card' that should serve as a deterrent against a Chinese attack on Taiwan.

Frank Fang journalist & Jan Jekielek Senior Editor
6/28/2025|Updated: 6/28/2025
Communist China is grappling with the most severe economic crisis in its history, a downturn that the regime will not recover from, according to Kyle Bass, founder and chief investment officer of Hayman Capital Management.
“There is nothing that is going to bail China out of their economic spiral. They’re having a real estate crisis, a banking crisis, a youth unemployment crisis, and now they need to be worried about their current account,” Bass said in an interview on EpochTV’s “American Thought Leaders” that aired on June 26.
Bass said U.S. tariffs and declining trade threaten China’s economic advantage, which is its trade surplus with the United States.
China’s exports to the United States plunged by 35 percent in May compared to a year earlier, according to Chinese customs data.
“China’s once bright spot is now in question,” Bass said. “I actually am surprised it’s not down more.”
China has also been hit hard by capital flight.
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READ MORE: https://www.theepochtimes.com/china/chinas-economy-spirals-with-no-end-in-sight-says-kyle-bass-5879345?ea_src=frontpage&ea_cnt=a&ea_med=section-1
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