Economic security

Collapse that never happened: China bounces back, discrediting Western analysts

All the voices in the US media who gave alarmist predictions in the aftermath of China's stock market plunge earlier in July should be very embarrassed. The aftermath of the market crash has proved China’s economy to be highly resilient.

Since capitalism in China is tightly controlled and not allowed to run rampant, the population is far safer from the harmful effects of market turbulence.