[Jack Hammer]

Given China’s huge military and the obviously bellicose and confrontational nature of its leaders, I’m not really sure a vast national depression would be a good thing....

And then there’s the fact that they hold zillions of dollars in T-bills...

[TigerLikesRooster]

World always hope for orderly change such as the breakup of Soviet Union. The reality is quite different. Recent behavior of Chinese communist regime shows that they will fight to preserve status quo with tooth and nail. The economic setback or any retrenchment in international affairs will directly lead to their demise. So they cannot afford to undergo painful readjustment period, which is needed if they want to restructure their economy and meaningful recovery.

Then there is a question about holding their empire together. This kind of adversity may make some regions break off from the empire.

[kabar]

China has become the world’s engine of the the global economy. If China has a depression, we will follow.

[Pearls Before Swine]

Given China’s huge military and the obviously bellicose and confrontational nature of its leaders, I’m not really sure a vast national depression would be a good thing....

My reaction, as well.