# Prof. Roy Smith shares his economic predictions for China

1 Faculty News March 3, 2015 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/articles/2015-03-02/china-will-be-superpower-that-wasn-t-sage-of-japan-demis) -- "While China probably will avoid prolonged Japan-style stagnation, a major crisis could expose weaknesses that aren't apparent now, according to [Smith](http://w4.stern.nyu.edu/faculty/bio/roy-smith). 'Most people today are talking about China displacing the United States as the great power of the 21st century,' he said in a telephone interview last week. 'My view is that it is more likely to end up like Japan - that is, the status of a former would-be superpower that isn't.'"

[Read more](http://www.bloomberg.com/news/articles/2015-03-02/china-will-be-superpower-that-wasn-t-sage-of-japan-demis)

Additional coverage appeared on [Australian Financial Review](http://www.afr.com/p/world/china_wont_surpass_the_us_as_world_reI77XrLJcf2k1zlBMEDGK).