China Is Weaker Than You Think
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  • Anthony

    “The disconnect between the brewing troubles in China and the seemingly unshakable perception of Chinese strength persists even though the U.S. media accurately cover China, in particular the country’s inner fragilities.” WRM, what domestic media is Minxin Pei celebrating? Also, Pei may be engaging in more hopeful thinking than objective analysis but imponderables defy prediction.

  • Jacksonian Libertarian

    I have been saying for some time that China is headed for a crash. The US strategy all along has been to create a middle class in China (200-300 million people) that only Democracy, Free Markets, and the Rule of Law can keep from revolting. At the same time I think we should use the opportunity the Chinese Communists territorial belligerence has presented, to bring China’s neighbors into close trade and military alliance with America.

  • Jim.

    So, we’ve poured hundreds of billions into China, and instead of China turning around and buying our products in retun, or even using it to bankroll enterprises that would benefit the Chinese generally, they build brand-new ghost towns and shoddy infrastructure.

    The world is going to regret this misallocation of capital… yet another, in a world economy that’s already trying to work its way through other misallocations. (It doesn’t help that deliberate misallocations, in the form of Keynesianism and expanded entitlement spending, are considered “solutions” by those currently in power.)

  • Eurydice

    Isn’t it possible that China was never as strong as we thought?

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