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Tag: Quora

Will China collapse in 2019?

Sunday, 16 September, 2018

The joys of Quora are limitless. A typical day’s questions can include: “Why do C programmers use short variable names (e.g., ‘sz’ instead of size) when it makes code harder to read?” “Is Finland a real country?” “What is the opposite word for together?” “Why do Italians look European?” And this week’s favourite: “Will China collapse in 2019?”

The question was posed Frank Wang, who describes himself as “Sales at M&B Group (2011-present)”. His answer is more illuminating, and disturbing, than many an Economist article:

As a Chinese I want to say something here (please ignore any grammatical mistakes I may have made, Chinese is my mother language ^^)

The title of this question has raised my thoughts on blood and tears wiped by my poor compatriots during the development of China. I will put it like this: “Will it do the world any good if China really collapses?”

I’m working at an export company in China. We export shoes all around the world. The profit is low and the incomes of the workers in the factory are even lower. As some of you may already know: “this shit is from China! OMG. China makes all this shitty stuff and sells it to us.” Ok. Frankly speaking we do sell pretty well. Imagine one day we don’t make the cheap stuff and what will happen. I’m pretty sure the price of all your daily necessities will increase to a level you could never image at this moment. Why? Because China provides the largest amount of cheap products in the world.

Are we willing to be the biggest provider of cheap products in the world? Definitely not. The fact is, the percentage of people who are not well educated in China is still very big, both young and old, mainly people from the less developed areas. What can they do for a living? We provide jobs for them to work in the factories. The income is not much but enough for them to raise a family, to feed their kids and to afford to send them to school.

If China really collapsed, they will lose their way of living, they will become homeless and in the worst scenario become a criminal, and Chinese society will become a mess.

You ask how this will influence my life here in my country? Please look at what happened in some countries around the Mediterranean Sea. The refugees from those countries have already influenced European societies, and they will certainly do anything to survive. Remember the populations of these countries are not even close to the population of one single province in China.

So, if China collapsed, the first thing that will happen to you will be the price increase of your T-shirts and slippers. Then you may read in the news one day that some Chinese refugees broke into some random houses for food…by then China will literally become the biggest supplier of “shitty stuff.”

Alright, I just finished a business trip in Shanghai and I feel a little bit tired. But I hope I have made myself clear and please forgive my poor expression of my thoughts. Never good at it.

Cheers!

Frank in Hefei

Frank’s answer has had 89.8k views and it’s been upvoted 524 times. Deservedly so.