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For decades, some Western media outlets have predicted the collapse of the Chinese economy, pointing to slowing growth, challenges in the real estate sector, and rising debt. Yet, despite these claims, China has remained the engine of global growth, moving to become the world's second-largest economy. Is the so-called "China collapse theory" based on facts, or is it driven by interests and cognitive dissonance about China's unique development model? How has China's economic transformation impacted traditional economic narratives and how can China continue to drive growth in the years ahead?
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For decades, some Western media outlets have predicted the collapse of the Chinese economy, pointing to slowing growth, challenges in the real estate sector, and rising debt. Yet, despite these claims, China has remained the engine of global growth, moving to become the world's second-largest economy. Is the so-called "China collapse theory" based on facts, or is it driven by interests and cognitive dissonance about China's unique development model? How has China's economic transformation impacted traditional economic narratives and how can China continue to drive growth in the years ahead?
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