Ahh yes, China is going to collapse with its measly 5.2% growth despite global economic malaise.

Xi is shitting his pants right now

Lucy-football-dotjpeg

it's the year of the ~~linux desktop~~ chinese collapse

"Any headline that ends in a question mark can be answered by the word no."

https://en.wikipedia.org/wiki/Betteridge's_law_of_headlines

3rd paragraph:

While the mood is gloomy, experts agree that the bursting of a '08 Lehman Brothers-style speculative bubble is unlikely.

No, but the country is going to go through a lot of economic pain.

No, but it's going to take a pretty good ding to eat that Evergrande turd.

China bet hard on developing countries because the developed world isn't growing at a rate that can keep up with China's economic growth targets. In fact, we're very quickly running towards the crossover point for Chinese trade dependence on the West vs. on the rest of the world.

Also, a big chunk of Chinese exports to the West is in computers and consumer electronics... Markets which have seen a huge slowdown due to commoditization and aggressive political lobbying from the US.

I've already converted all my fiat currency to various crypto including a modest sizing of Monero so I can anonymously transfer my money when China takes over our financial systems

I implore everybody else to do the same. The writing has been on the wall for decades