The increase in pork prices is due to a swine fever epidemic that started in Liaoning province.[1] SCMP has a reasonably good article.<p>China's huge boom is starting to level off. Down from 10%/yr to 7% a year. The US is under 3%/yr. That happened to all the "Asian tigers", as they caught up to the developed world. Its a long way from a recession.<p>[1] <a href="https://www.scmp.com/economy/china-economy/article/3020488/chinas-pork-prices-hit-record-level-2019-due-african-swine" rel="nofollow">https://www.scmp.com/economy/china-economy/article/3020488/c...</a>
I expect China to clamp down harder and harder on its population as well as deflect attention from it as the economy slides to try keep the party in power. Look for the social credit system to expand even more and also more rhetoric about it all being the fault of evil foreigners.
Just another article of predicting that China is going to collapse -- these kind of articles have been popping up since 1991.<p>China is just another big country with a lot of problems. So is US.<p>Even if China is really going to collapse, what is in it for average people in the US or other countries? To prove that the democracy you believe is correct -- even if that means nearly all the people in the world will suffer from economic slowdown?
One of the things I learned when I took Intnl econ in college was that keeping a currency's value artificially low can boost exports, but will also put downward pressure on real wages domestically.<p>Maybe that's playing a role here.
As a French the amount of (bad) news regarding China on American websites I browse (hn, reddit, newspapers websites...) is really disturbing compared to home. I try to think rationally but the coincidence with the trade war is hard to ignore. As an outsider it looks like nothing has changed (China is a communist country, fresh news!) but suddenly the media is all over it.<p>The media pattern now is so obvious every time there are geopolitical tensions to justify a conflict that it's hard to ignore (please remember Irak).<p>I'm not a geopolitical expert, I really like Americans (obviously, otherwise I would not be on this site), but I don't understand how nobody notice this pattern, especially here.
If the political system in China collapses <i>everyone</i> should worry. That would likely result in a global economic crash the likes of which the world has never seen.
I'm Chinese and live well in China. Of course, I only represent myself. If you want to know more about China, see some Chinese travel YouTuber or come to China yourself. Instead of believing in a media publish "The Big Hack" without evidence.<p>I'm curious that HN is full of articles and comments that uglify China. Many Chinese developer read HN to learn and integrate into the world. Now I think Chinese understand the world more than the world understand China.<p>By the way, isn't this off-topic according to HN guidelines?