Is China heading for crisis?

Doves fly past the national flag in Tiananmen Square during the National Day parade in Beijing on Oct 1, 2019, to mark the 70th anniversary of the founding of the People's Republic of China.PHOTO: AFP

In 2001, American lawyer Gordon Chang, who had spent many years in Hong Kong and Shanghai, published a book forebodingly titled The Coming Collapse Of China. At the time, the thesis seemed improbable, if not preposterous.

It looks a great deal less improbable now.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on October 05, 2019, with the headline 'Is China heading for crisis?'. Subscribe