RE: China seems to be in a big crisis. Because it is not a democracy? If it collapses will it drag us down?

China seems to be in a big crisis. Because it is not a democracy? If it collapses will it drag us down? 

Ask Expert Investor Asked on June 6, 2019 in Real Estate.
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1 Answers

A joke, right? China is not going to collapse. Yes, China and many other countries believe that the so-called fair election democratic may no longer be necessary. And if you look at the gong show in England (one of the oldest democracies and the downright political war in the US…they may be right). China’s autocracy seems better to some … and don’t need an election.

China can switch from an external into an internal market … Its growing consumer society is massive. The West is having a crisis. Europe is in severe crisis. More people will come here…

Guru Answered on June 6, 2019.
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