Exactly, just yesterday a China central Bank official just gave hints of bankruptcy https://www.bloomberg.com/news/articles/2017-12-25/pboc-offi...

and a few months back, the China central bank chief warned about the rapid growth of debt https://www.cnbc.com/2017/10/23/china-central-bank-chief-new...

The dominos will have to fall sometime. A lot of china’s private sector debt is actually believed by the debtees to be implicitly public sector. With SOEs, the lines are always blurred anyways.

It was supposed to happen in 2020, not sure why they pushed it back to 2032. It will happen, I just wouldn’t take much stock in any predictions.

sub-heading:

-> CEBR[0] publishes World Economic League Table and predictions

So what you're saying is that this UK company (CEBR) that periodically updates its economic league table[1] based on data it collects and collates should stop doing so and go out of business. Or are you saying that Bloomberg, a company that focuses on financial terminals and journalism, should stop reporting financial information like this?

I wanted to add a snarky, "Truly groundbreaking comment" but I managed to stop myself.

edit: added link to league table report, can be yours for just £195

[0]Centre for Economics & Business Research "leading economic forecasts & analysis" https://cebr.com/

[1] World Economic League Table 2018 https://gcp.global/uk/products/welt-2018

  CEBR should go out of business

I don't think that's necessary. However, if their entire business model is making predictions like these, which are almost never accurate, then they probably should.

  Should Bloomberg stop reporting this type of thing

Maybe, if their "reporting" amounts to an advertisement for CEBR's product without an ounce of critical/additional input. For instance, they could try something like:

  "projections like CEBR's have been made in the past. Most recently, [CEBR-like org] predicted China would surpass U.S. in 20XX."