Thursday, August 20, 2026

OPINION_ Is China’s Long Slowdown a Structural Collapse? ( James Gorrie - THE EPOCH TIMES )

THE EPOCH TIMES

Is China’s Long Slowdown a Structural Collapse?

China’s economy is in full deflationary mode and Beijing is making it worse.


A construction worker pushes a wheelbarrow with materials across the road in the Central Business District in Beijing on Nov. 29, 2024. Kevin Frayer/Getty Images

James Gorrie
8/19/2026|Updated: 8/19/2026

Commentary

China’s ongoing economic deconstruction is like watching a train wreck in slow motion, with one boxcar after another coming off the track. The thing about train wrecks is that getting the train back on track isn’t easy or quick.

For years, China’s slowdown was said to be cyclical, just one more stimulus package away from recovery.

Nobody believes that anymore; certainly not the Chinese people.

What’s unfolding now in China is a structural collapse that’s self-reinforcing because the Chinese Communist Party (CCP) is incapable of correcting itself.

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READ MORE: https://www.theepochtimes.com/opinion/is-chinas-long-slowdown-a-structural-collapse-6076472?ea_src=frontpage&ea_med=section-1

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