China's economy is bound to collapse.

Thank you Sir for your interest. Allow me please to correct some of the misconceptions in your arguments. I did not say the Chinese had many successes. I said, essentially, for the majority of human history, China was the dominant society on earth. Even during Roman times, the Chinese were impressed at how far the West and in particular Da Qin (Rome) had progressed. More than this, many of the inventions you know like the printing press (Gutenberg 1450 - Bi Sheng 1048) were actually pre-existing in China for hundreds of years before the West "invented" them. Your response to my quote simply shows you are unfamiliar with Dr. Durant and his thought. Dr. Durant constantly criticized society for thinking in short time spans, "Most of us spend too much time on the last twenty-four hours and too little on the last six thousand years." There is NO WAY that Dr. Durant's quote had anything to do with his present government of China. China's governments have changed for 5000 years. China remains. 1. Real Estate Arguments: Again, you are making the same mistake most people unfamiliar with China make. Overproduction is not possible in the short term on a country wide scale if everything were open. China has 1.3 - 1.5 Billion citizens. China has a vast housing shortage. It also has a vast housing glut. This glut is primarily caused by corruption which is a perennial Chinese problem (like everywhere else). But China also has a history of dramatic and effective action when moved toward instability. This means the government will start executing the corrupt business men and corruption will be reduced dramatically when the pressure builds sufficiently. As to the farmers moving, of course most will not move. But 20% of them is equivalent to the population of Russia. The urban resident (if he holds a hukou) has many many advantages over the rural Chinese in their lives. A "country" woman who marries a "city" man (has an urban hukou) thinks she has won a lottery. One change of the hukou system could move 100 million more people into cites creating a vast and almost instantaneous urban housing shortage. 2. Demographics Arguments: I certainly did refute the demographic argument. I showed China, again, has a history of taking drastic and effective action against demographic anomalies. While I do not want to get off on to the topic of the effectiveness of the one-child policy., the article that was provided shows a marked lack of understanding of subject (comparing the vast rural Chinese population to Taiwan or Chinese Americans?). I would assume this is because the author of the article is a pop culture writer and not a Sinologist. In any case, the article is highly flawed. Could you provide another from a more authoritative author? The elderly problem is a problem but certainly not as great as in the West. Chinese society is based on Confucian values which places Filial Piety (Respect for family) as the highest human virtue. This will certainly not cure the problem but it will ameliorate it. But the fact remains that China has far more powerful weapons to deal with its economy and demographics than do the Western nations and a far greater success rate. They are not only prepared to take more dramatic steps for control but their population is far more likely to understand those steps. We are blinded by our short life spans to see only the last century or so. We are also influenced and hindered by a general European Philosophy that places the individual above the collective society. China does not suffer from this. China is the Wayne Gretzky of Nations. It has an unrivaled history of success notwithstanding a couple of bad centuries out of the 50 or so of its existence. Our proximity to these centuries blind those who can't see with "Chinese Long Sight" eyes. The Chinese undertook building projects that required 250 years to complete. That the West still hasn't learned this, is why I fear our failure far more than I do China's.