Gordon G. Chang is a lawyer and author, best known for his book The Coming Collapse of China, in which he argued that the hidden non-performing loans of the "Big Four" Chinese State banks would likely bring down China's financial system and its communist government and China would collapse in 2006. In Nuclear Showdown: North Korea Takes On the World, Chang suggests that North Korea is most likely to target Japan, not South Korea. Chang suggests that North Korean nuclear ambitions could be forestalled if there was concerted multi-national diplomacy, with some "limits to patience" backed up by threat of an all-out Korean war.
Chang graduated from Cornell University, where he was a member of the Quill and Dagger society, in 1973, and the Cornell Law School in 1976.
He is a regular contributor to The John Batchelor Show, The Glenn Beck Program on Fox News, and CNN. He also appeared as a special guest on Comedy Central's The Daily Show with Jon Stewart on July 17, 2006. On 3 February 2010, he appeared on Al Jazeera English and argued that China does not have a lot of economic leverage over the US, and it is actually the other way around. On November 24, 2010, he appeared on Imus in the Morning to discuss the Yeonpyeong bombing.
Chang has been criticized after 2006 came and went with China only growing more and more powerful on the world stage. Chang continues to maintain that China is on the brink of collapse and that the people are one step away from revolution.[1] He also argues that China is a "new dot-com bubble", adding that the rapid growth by China is not supported by various internal factors such as decrease in population growth as well as slowing retail sales.[2] In a separate interview, he remarked that China achieved its 149.2% of its current trade surplus with the United States through "lying, cheating and stealing" and that if China decided to realise its threat that had been expressed since August 2007 to sell its US Treasurys, it would actually hurt its own economy which is reliant on exports to the United States, which economy would be hurt by the action given the nature of the global market.[3] By 2011, however, the views of Chang and other Chinese market bears, such as Nouriel Roubini and James Chanos, had become widely accepted.[4]