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Xi Jinping has been slowly purging the reform wing of the CCP over several years. Hu Jintsao is the most prominent victim of his purges thus far. The reformers: Deng Xiaopeng, Jiang Zemin and Hu Jintsao and their policies were what made China marketable for investment and global business. Xi is going to reverse what the reformers have done and take things back to a Mao Zedong-like environment. Any non-Chinese person or non-Chinese business that has assets or investments in China at this point in time is going to get royally screwed. I am glad I spotted this trend back in 2015-2016 and removed any china-based or emerging markets investments from my financial portfolio. I still have some indirect risk because I have stock in several multi-national corporations that could take a hit from Xi's policies.
I have long been of the mind that the only reason the PLA and hardliners allowed Deng's reforms was because they anticipated such a retrenchment after China's development had been boosted by foreign capital.
I have long been of the mind that the only reason the PLA and hardliners allowed Deng's reforms was because they anticipated such a retrenchment after China's development had been boosted by foreign capital.
They were never serious about liberalizing.
Yeah, their goal was to use western capitalists, not cooperate or partner with them. It is interesting that both of Deng's original handpicked successors were purged by the party hardliners and he had to go out and find Jiang Zemin as a last minute choice.
Ultimately China only embraced the perks of capitalism (luxury goods, movies, dining out, etc.) to keep people happy and compliant only for the sake of social stability. At first they had the demographic dividend (cheap labor) that reaped the financial rewards to fund those perks but by the early years of this century the demographic dividend was declining due to the one child policy and China had to resort to money printing and debt. They can't sustain the perks anymore so it makes sense that Xi is going to go in a different direction policywise. I wonder if he will go as far as nationalizing all business assets within China? That will bring China full circle back to Mao.
Deng's reforms were only possible because the US starting with Nixon saw China as a counterweight to the USSR. We were using them and they were using us.
As usual the realists were right and the foreign policy idealists had to eat crow.
The problem is that after the USSR fell the idealists held sway. The admission of China into the WTO a full nine years after it ceased to be useful as a counterweight to the Soviets was a huge blunder.
Yes, let's keep listening to MSM lies about foreign "enemies".
Dehumanize them so it will be easier to sell a war against them in the future. Manufacturing consent, as Noah Chomsky phrases it.
Even the OP video wasn't that scathing and rather innocuous. He clearly isn't 100% healthy and able bodied, and was assisted out, just as he was assisted in.
If China keeps such a tight lid on things and can censor everything out, why would they allow a video leak of them forcefully "purging" the alleged opposition.
We are truly entering the period of bread and circuses that failing empires devolve into. Distract the population with a supposed failing enemy country so they can't see the failure of their own country.
Yes, let's keep listening to MSM lies about foreign "enemies".
Dehumanize them so it will be easier to sell a war against them in the future. Manufacturing consent, as Noah Chomsky phrases it.
Even the OP video wasn't that scathing and rather innocuous. He clearly isn't 100% healthy and able bodied, and was assisted out, just as he was assisted in.
If China keeps such a tight lid on things and can censor everything out, why would they allow a video leak of them forcefully "purging" the alleged opposition.
We are truly entering the period of bread and circuses that failing empires devolve into. Distract the population with a supposed failing enemy country so they can't see the failure of their own country.
Great circular logic. Only the countries that note other countries troubles are headed to disaster.
Meanwhile, no doubt China praises the great US future daily. #sarcasm
So, shouldn't China be failing? You really didn't think that one out.
Was the guy sick? He was sitting right next to Xinnie the Pooh and they are still paranoid about COVID over there. You cough next to their leader, of course they are going to do something. Their "zero Covid" policy is on an order of magnitude stricter than anything we experienced here in the west. They take control to a whole other level.
Quote:
Originally Posted by Mathguy
Great circular logic. Only the countries that note other countries troubles are headed to disaster.
Meanwhile, no doubt China praises the great US future daily. #sarcasm
So, shouldn't China be failing? You really didn't think that one out.
China doesn't necessarily think the USA is falling. We have war ships passing through the straights of Taiwan on a regular basis. That is not a sign of a weakening empire. More like a paranoid one perhaps.
China thinks the USA is insane and they are the based ones. Their strategy is simple. Allow the USA to stew in that insanity and avoid getting sucked into it. And especially avoid getting sucked into a war with an empire of chaos armed to the teeth with nukes controlled by a dementia case and trannies with their finger on the button.
Xi is going to invade Taiwan and the worthless old man with dementia in the whitehouse is going to get us into WWIII. He’s going to get a boatload of people killed. He already let Russia invade Ukraine. All because someone’s feelings got hurt so they put the village idiot in the whitehouse.
All the pain we are feeling now and what’s to come late squarely on their shoulders.
I think China wants Taiwan because you dont want your 'enemy' on your doorstep - just like the US did not want the Russians in Cuba.
It is hardly a big deal that warships sail down the strip of sea between the mainland and Taiwan - or is it? If so, why is it a big deal?
There continues to be a load of old cobblers spouted by the media believed about Russia and China and Communism.
For some reason people fear the Commies are going to invade the USA and other Western countries but, why should they do that? They can just about manage their own country, why would they want to try to manage two such massively sized countries? Imagine trying to police or control an 'empire' that size? It would be impossible, it would be like the USA trying to take over Russia and manage it. We already know it is impossible to manage the countries the US has conquered. Iraq, Afghanistan, etc. due to the terrain and the resistance.
Besides, it is only governments which want to promote a fear of takeover because they want to continue spending money on arms and the military. The people themselves just want to be left in peace to raise their families just like everyone does, they dont need more space, more resources, etc.
The CCP is the role model for the US DOJ agencies under garland. Garland, like biden are simply pawns controlled by unelected officials.
read the 'Gulag Archipelago' and see the same tactics employed in the ussr, now initiated in the USA.
It is what US voters and the state media want!!!!!! Despot control... and all the fake outrage at SA offing Khashoogi.
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