If China Fails, We All Fail

The Chinese economic model is not sustainable in the long run and the global community must do all it can to help China rise again. Kevin Gallagher at The Guardian says China is too big to fail: “There is no question that China’s growth has been anything short of exceptional. However, that success may have run its course. China will have to rise again in order to rebalance growth while reducing inequality and environmental degradation. The plight of 1.6 billion people depends on it, and the entire world economy. The global community should do all it can to help China succeed.”