How China's Economy Collapsing Would Impact the U.S.

After decades of incredible growth, China was widely considered poised to overtake the U.S. as the biggest economy in the world, with its GDP surpassing that of America in the coming 10 to 25 years. But an unexpected slowdown of its economy is now making this increasingly unlikely, experts told Newsweek.

When China ended its COVID-19 restrictions earlier this year, the country's economy seemed to be recovering quickly. But then, in July, that growth was suddenly shown to be slowing down, hitting a slump that has led some to wonder whether the country's economy might be heading towards a collapse.

Last month, China's annual rate of GDP growth appeared to be stabilizing at around 4 percent—a level that's hardly comparable to the growth the country experienced in the past two decades, driven in part by the property development sector.