Posted on 11/22/2023 12:32:30 PM PST by Truthsearcher
Communist Party of China (CCP) General Secretary Xi Jinping is now starkly aware that he is facing the end of his rule, and has turned to US Pres. Joe Biden to save him.
Specific reports are emerging as to the driving forces which made Xi act, in seeming desperation, to kowtow to US Pres. Joe Biden at the summit held on the sidelines of the Asia-Pacific Economic Conference (APEC) in San Francisco between November 13 and 17,2023.
…
A significant source in the PRC has reported that Xi formally asked the US President to arrange an urgent $900-billion bailout for the communist Chinese economy. This specific detail could not be confirmed, but it fitted with the sudden and urgent campaign to stop Beijing's bellicosity toward the US and to insist that the two could be friends and partners.
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Without that injection of almost a trillion US dollars, the Chinese property market, among other things, will complete its collapse. Indeed, even with such an investment, it is probable that the mainland Chinese property market and overall economy would continue its slide. The scale of private sector bankruptcies and the interruption and closure of so many factories cannot be reversed overnight, and foreign trust in the PRC cannot be rebuilt overnight.
(Excerpt) Read more at oilprice.com ...
End of his rule? Are they daft? He has consolidated it very thoroughly. He is pretty safe, having eliminated everyone competent around him, in govt and industry. Even if China falls into starvation he’ll still be top dog. Think Stalin.
As Instapundit said, “What matters most to China is that they are doing relatively better than the US.”
Actually doing better is not the priority for them.
Dictators can do what they want, but they can’t overrule the laws of economics. If the economics state you are done, you’re done. The best they can do is flee from their rule with the billions they stole from the people.
Sometimes. Sometimes not. Maduro is still there. All they have to do is be willing to kill anyone in any number. Xi ain’t letting go any more than Mao did. He’s got the guns to do it.
In 2021 I ran into a recently retired Australian Federal Police officer who had just spent a year in China giving seminars on effective crime control techniques. I asked how was China, as things were ramping up around Taiwan. He said they had so many internal control, corruption and crime issues that the Army was tied down on internal security. Not what the news shows.
I don’t think the author knows what kowtow means...
Great story.
I would like to believe it is true.
But, the skeptic in me says - 100% False.
I thought the fact that various members of the CCP bribed the Biden Family meant Joe delivered something of great value to Xi, and Xi was just being friendly and polite to Joe.
Small countries can do that because the people who don’t like you can just flee. Venezuela lost several million in population as they just fled to other countries. So the dictator can remain and rule over people who support him.
That can’t happen in China because no place can absorb even a fraction of their population, so there is no pressure release for the increasingly discontent population.
True. But Mao and Stalin survived in spite of murdering millions and terrible economies. Who is going to oppose Xi? There is no one left.
10% for the big guy.
Germany is the only Western nation with a trade surplus with China while China gorges themselves on a trade surplus with the US. Tell Xi to shake down Germany for a bailout.
Interesting story, even if not true,....
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smells like Xi & Zhoa Bai Din making one last bet for the whole casino
I don’t think it’s comparable. Both Stalin and Mao ruled over countries that were devastated by war so their populations were accustomed to economic hardship, and misery in general. Xi took power in China when the country was experiencing height of its prosperity. When you drive that economy off a cliff people are going to notice, and not just the peasants notice, the ruling class, the CCP members, none of them like seeing their wealth evaporate.
What are the chances fjb acts in America best interest
It’s not like Xi’s Cbina to advertise their kowtowing to anyone.
It is like our CIA to spread such a Biden-pumping story.
0%. He has a perfect record so far.
Exactly.
Commies like Chicoms and Norks know the scam.
The sooner China becomes 1959 again the safer the world is.
Perhaps Xi told Biden that the US deficit spending covered by trillions of dollars borrowed from China was killing China’s economy
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