
Though it has achieved impressive historical growth, China’s centralized economic system is headed for trouble.
Americans have legitimate concerns about China—and, with House Speaker Nancy Pelosi’s visit to Taiwan sparking new tensions, those concerns are only growing—but what many fail to see is that Beijing is not the economic juggernaut it is often believed to be. On the contrary, China’s economy has become increasingly fragile. To use a word heavily overworked these days, its problems are systemic.





Nancy Pelosi is the highest-ranking US official to visit the self-governed island in 25 years. China warned of repercussions in a bid to prevent the visit, which is seen in Beijing as 



In her Friday press conference, House Speaker Nancy Pelosi (D-CA) remained mum about whether her trip to Asia would include a stop in Taiwan citing security concerns for her congressional delegation of lawmakers heading abroad to show emphasis on the U.S. interest in Asia. According to U.S. Senator Tom Cotton (R-AR), though, not everyone has been so tight-lipped about Pelosi’s 

