There ev is political buzzwords.
Wang Wen 24, professor and executive dean at Renmin University of China’s Chongyang Financial Research Institute, 3/9/2024, "Busting 6 ‘Peak China’ Myths", https://thediplomat.com/2024/03/busting-6-peak-china-myths/, oj
In recent years, there has been a notable shift among certain Western politicians, media outlets and think tanks regarding their perspective on China’s developmental trajectory. The once-popular theory of an imminent Chinese collapse, famously asserted by Gordon G. Chang over two decades ago, has finally begun to lose traction. But there is still a lingering reluctance to acknowledge China’s sustained ascent, prompting the emergence of a new buzzword: “Peak China.”
As the second-largest GDP globally for 15 consecutive years, China’s economic landscape has naturally witnessed expansion alongside moderated growth rates, a phenomenon well-recognized in economic theory. In the context of China’s status as a super-large economy, fluctuations in economic indicators are intrinsic to its growth trajectory. To characterize these indicators as evidence of a prolonged economic recession is a stretch.
In search of a more nuanced understanding of China’s economic dynamics, let’s examine six of the most misguided myths that make up the “Peak China” narrative.