“China is undergoing steady and solid economic structural adjustments. “
China is a huge structure built on a shaky foundation. What structural adjustments? Building cities with no occupants? They have embarked in a society built entirely on debt; so much debt they can’t even figure out how much. There is no central registry of the loans outstanding as much of the debt, not even the Chinese know how much, is off books. This debt puts pressure on the Chinese to settle up with America before their economy implodes. Trump is right.
A friend was telling me that the whole “empty cities” thing is a big scam the people play on the government.
The people get a piece of property, bare dirt. Start building on it, even though they have no reason to build. The government then comes in and buys the property. Many times, it’s just a shell of a building, separated by some floors. Nothing on the inside. Government comes in, hands over a check and the people take their money and run.
As for the editors/authors of the article, I’d love to have a face to face with them. During which, I’d agree that “Hegemony will no longer pay off for US”. And, given that fact, the US will no longer send it’s hospital ships-free of charge- next time there’s a natural disaster in some 3rd world country ... the US will no longer provide any kind of protection or support to anyone/any country unless they’ve proven they are an ally of the USA ... if people in groups like Doctors Without Borders, wants to go somewhere they will go knowing that the US will not provide any support and that they will be at the mercy of the host country ... basically, the US won’t lift a finger for anyone other than proven allies.
Let’s see how that works out for them. I think it would actually be interesting. At some point Russia and China will realize that we’re no longer in the game and they’ll have to start competing each other. Both are broke and their economies are crumbling. Let ‘em slug it out.