China's manufacturing industry will 'completely collapse', says economist

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By Alex Lennane

01/06/2012

A Hong Kong economist has predicted that China’s manufacturing industry will “completely collapse” as soon as 2015. Pointing to a lack of investment and overcapacity in production as two of the reasons, he also suggests the GDP figure of 9% is fabricated while officials are turning a blind eye to a disaster in the making. Not comfortable reading, but fascinating nevertheless.

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