March 9, 2023
No comment other than Xi has started the demise of China's strength -its people- by taking incentive to 'do well' away. I am happy to see this - I feel no sympathy for the current Chinese regime - they'll find out that 'the people' will not take this gov't control. I wish Russians were as strong as the Chinese resistance
It took two decades to bring China from poverty into the middle class (at the expense of gullible/naive Western politicians and businessmen), but with all the looming problems China now faces (energy and food supplies, unsustainable debt, aging population and loss of foreign investment in manufacturing, to name but a few), how long will it take Xi to push the country - or what will be left of it - back into the poverty that always accompanies full-on communism?
Excellent and concise reporting, thank you Diane. Does this mean Western companies domiciled in democratic countries need to start pulling out and moving their business to other emerging countries like the Philippines, India, etc...? Many companies have, maybe we need to accelerate the move and also stop buying goods manufactured in China. President XI is getting too bold and with Russia, as a publicized Friend, might turn against the US, the EU and other democracies. They enjoy meddling in our affairs to gum-up the process. Technology has changed the World we live in so dramatically.
Seems like he took lessons from his good buddy Putin
China is just a bigger North Korea.
Kick them out of the WTO. Let them fester is their own delusional politics. Communism was a bad idea that doesn’t work, including free market economies. Yes, they have a massive market but they are behaving too much like North Korea to attract free market investors. They don’t respect intellectual property. Before their WTO entry in 2000 they had the 6th biggest economy in the world.
Let them return to that status.
I agree with Robbo - very good research. Are you the canary in the coal mine? I like how you have developed your hypothesis based on reported facts, an hypothesis I hadn't previously thought of.
Read "Red Roulette" for a fascinating insignt into some examples of what Diane is writing about.
George Orwell returns. Very good research Diane. And what about HUAWEI? Scorned in Canada and USA? Accused of spying.
In russia, oligarchs have strange propensity to fall from balconies ...same thing..Medici instructed a particularly nasty commander to take control of a nearby city causing some trouble...then after putting down the opposition the general was himself killed...and head posted as message- that Medici was benevolent by killing this oppressor, and that growing too large was life shortening activity