What happens if global economy collapses




















At what point does discontent turn into social unrest? Much will depend on just how much the economy slows, said Gunter, and also how citizens view the benefits of these crackdowns in comparison to the costs. Should growth slow to worrying levels, to the point that citizens are hit with steep losses on generational wealth tied up in real estate, China may well witness civil unrest. China is so tightly wrapped into the world economy now that a slowdown will cause jitters everywhere.

Foreign investors held around 3. One study showed that a Chinese growth shock would hit emerging economies in Asia and the rest of the BRICS economies harder than it would Western countries. Gunter also speculated that an economic deceleration might turn China further into itself. By providing your email, you agree to the Quartz Privacy Policy. Skip to navigation Skip to content. Discover Membership. Editions Quartz. More from Quartz About Quartz. Follow Quartz.

These are some of our most ambitious editorial projects. From our Obsession. Borrell met Qatari officials last week in the Qatari capital Doha, where the Taliban have a representation. He said Qatar's contacts with the Taliban were aimed at moderating their behaviour, and urged Doha to use its contacts with them to ensure the "worst scenario" for Afghanistan could be avoided.

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