Which is what gives rise to zombie cities with no human inhabitants
Posted on 03/24/2018 8:11:16 AM PDT by RoosterRedux
Author of “The Coming Collapse of China”, Gordon Chang, discusses the effect of President Trump’s tariffs on China and the epic battle ahead. Last night China announced their feeble retaliatory actions – SEE HERE. A professionally nervous Maria Bartiromo, frames a series of questions from the perspective of Wall Street.
Fortunately Gordon Chang understands the Red Dragon, and more importantly understands Chinese Chairman Xi Jinping’s geopolitical goals through economic conquest. Mr. Chang is one of the few people who appear regularly in media and know the truth behind the Panda Mask.
People often talk about the ‘strength’ of China’s economic model; and indeed within a specific part of their economy -manufacturing- they do have economic strength.
However, the underlying critical architecture of the Chinese economic model is structurally flawed and President Trump with his current economic team understand the weakness better than all international adversaries.
China is a central planning economy. Meaning it never was an outcropping of natural economic conditions. China was/is controlled as a communist style central-planning government; As such, it is important to reference the basic structural reality that China’s economy was created from the top down.
This construct of government creation is a key big picture distinction that sets the backdrop to understand how weak the economy really is.
Any nations’ economic model is only as stable (or strong) as the underlying architecture or infrastructure of the actual country.
Think about economic strength and stability this way: If a nation was economically walled off from all other nations, can it survive? …can it sustain itself?
(Excerpt) Read more at theconservativetreehouse.com ...
Which is what gives rise to zombie cities with no human inhabitants
For all of those chicken little’s out there, please note that since Clinton approved China’s admission to the WTO and opened trade with China we have been in a trade war. It’s long past time to level the playing field.
Panda Mask From The Chinese Red Dragon…
Interesting title choice - Xi Jinping is called Panda Face behind his back
What could possibly go wrong?
I noticed another panda clip on the news today. Moreroads communist propaganda.
chicom bump for later.....
Excellent article clearly explaining the China-US economy’s dynamics. Thanks for the post.
Gordon Chang is top notch.
citymetric.com
Over the past 15 years China has built hundreds of new cities, expanded thousands of urban areas, wiped over a million villages off the map, and urbanised hundreds of millions of people. It’s a development boom that’s incomparable to anything that any other country has ever attempted.
Led by its national urbanisation plan, China has transitioned from a mostly rural country of peasant farmers to one that is defined by its cities. But this urbanisation drive has produced a peculiar side effect: newly built urban areas, even completely new cities, that entirely lack people.
Enough floor space to cover Hong Kong twice over is being constructed in China’s cities each year. Yet despite the fact that 250m more people are expected to move into cities by 2030, and even though the demand for modern housing is huge, an incredible amount of apartments are currently vacant. At a rough estimate, there are around 600m m2 of floor space still unoccupied – enough to completely cover Madrid.
—snip—
I posted it to my facebook page.
Chang is a regular on radio on the John Batchelor Show. There are several sources for the excellent Batchelor Show podcasts on China, easily discoverable by an internet search.
“A very good evening to you, Gordon.” is the beginning of how I'm accustomed to hearing Gordon Chang.
Do you know him?
“Say Hello to my little friends...” Lightheiser, Ross, Mnuchin, and Pompeo soon to be at State where he belongs. How nostalgic the Chicoms must be for the good ole days of Obama.
The author neglect to mention another essential weakness of the Chinese Economy.
Quality.
For the entire modern era (1960 onward) Chinese manufacturers were rewarded for quantity and never punished (by market forces or otherwise) for poor quality.
Poor quality is now endemic to the economy and the culture.
Examples:
- They cannot manufacture a reliable jet engine, even when given all the plans, tools and techniques from Russia. But they can make one look JUST LIKE a real one. (Insert stealth fighter here, or submarine etc.)
- Contaminated food is commonplace.
- Chip manufacturers will trust them only if THEY can build the plant/facility and train the workers.
And so many more.
Not personally, but I know him quite well from years of listening to the John Batchelor Show on radio (http://johnbatchelorshow.com/) on which Chang is a regular guest/co-host. Batchelor's signature greeting to guests is to say, "A very good evening to you."
Thank you.
P
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