PS: President Xi's academic speciality was a study of the...

First 7 Last

Share
Profile

Follow
moorookamick

22,123 Posts.

769

29/04/24

07:50

Post #: 73549138
Share

Originally posted by moorookamick: ↑

The US assumption about China was wrong.....so far:
-that is as China got richer and that its middle class grew, that it would morph into a US style Liberal (more conservative) democracy
thereby debunking the CCP , privatising SOEs and breaking up the country into a rabble of States.

Well that did not happen because in 2014 there was change in China:
-China passed out the USA in GDP(PPP)
-China had already become the biggest global manufacturer and trader
-China released its "Made in China 2025" to go upmarket in manufacturing
-China released its BRI to effectively block US economic and shipping restrictions.

And then the US Neo-Cons awoke.

There has been a change of tack by the US Neo-Cons prophets of China economic doom
because their theory is:
-that if China starts to show signs of economic collapse, that the Chinese people will rise-up
and debunk the CCP aided and abetted by the USA etc etc etc.

Is that wishful thinking?

IMO, yes, just as the series of US expectations of an imminent Chinese collapse since
1949 have been wrong.

Why , might you ask?

IMO , its because the USA and specifically the US Neo-Cons think that there is only
one way interpretation of how an economy and its political regime works and endures
IE: the American way.

The Chinese system (its hybrid economy and its political economy) is much different
to that of the USA and much different to that of the failed USSR . Only time will tell
whether the Chinese have got the mix right and can the US economy (particularly
its Political Economy) outlive that of China.

We live in a scientific world where outcomes are everything; not wishful thinking!

Expand

PS: President Xi's academic speciality was a study of the reasons that the USSR collapsed.
IMO, the design of the current China economy is to prevent a USSR style economic implosion
Upvote

Reply