Why China’s future does not look bright

American Thinker ^ | 9 May, 2021 | Uldis Sprogis

[MtnClimber]

China's agriculture under its corporate-state model is a disaster.

Up until recently I felt that China’s economic growth was unstoppable and that it would indeed surpass the U.S. and keep going into a bright future.

However, researching more, I concluded that healthy land use for agriculture (such as organic farming) and minimizing industrial pollution are even more important than economic prosperity. China doesn't have them; we do.

The dysfunctional running of the centralized banking system by the CCP is also major handicap for the economy.

Now, if you merely compare a dollar's worth of the Chinese economy to that of the U.S., it seems that China is doing rather well, being second in the world, and net exporting about $400 billion a year in 2020.

IMF data from 2018 show that China’s debt to GDP ratio is 55.36%, while U.S. debt to GDP ratio is 106.7% or almost twice as large as China’s.

Total wealth in 2020 of the U.S. is $105,990 billion and China is $63,827 billion or about half that of the U.S.

However, I am beginning to feel sorry for the Chinese people who are being victimized by the corporatist or state capitalism which is rapidly turning Chinese land into a toxic cesspool, with devastating health impacts on the people.

It's short duration profits at the expense of public health. It is no wonder that the U.S., E.U., and Japan do not allow the import of some Chinese foodstuffs which contain unhealthy additives, dangerous drug residues, and unsanitary characteristics. Crop pollution is not prominently mentioned in the news. but many Chinese citizens have little confidence in the food which they consume.

The banking sector is terribly inefficient because it is under centralized CCP control. There's this from Foreign Policy (subscription):

State owned enterprises are inefficient financial behemoths.

[MtnClimber]

The government is not God. The Chinese believe it is. The USA and much of the rest of the world wants to give up on freedom and follow China, at least the elitists are convincing them that this is what they want. We will follow the fate of China if we do this.

[SauronOfMordor]

This was why they were so desperate to overthrow Trump.

Their state will not survive long without a program of expansion and conquest, which Trump would have resisted.

[PIF]

However, researching more, I concluded that healthy land use for agriculture (such as organic farming) and minimizing industrial pollution are even more important than economic prosperity. China doesn’t have them; we do.

—
The CCP knows this and is actively seeking to take over the US to feed its population - cf: Bill Gates acquisition of vast tracts of farmland; and The Secret Speech of General Chi Haotian
https://jrnyquist.blog/2019/09/11/the-secret-speech-of-general-chi-haotian/

[boycott]

Add to that ...

How China is buying up America’s food supply

https://www.americanthinker.com/blog/2020/05/how_china_is_buying_up_americas_food_supply.html

[Buttons12]

Imperial Japan and Nazi Germany...their futures didn’t look bright either, but what damage they did!
Imagine if they’d had nuclear weapons and the biotech China has now.

[MtnClimber]

With totalitarian regimes, it seems the fastest way to advance is to take from someone else.

[Buttons12]

With totalitarian regimes, it seems the fastest way to advance is to take from someone else.

Which can take them pretty far at extreme expense to their victims.

In the end, have we the will to defeat them while we still can? I don't know.

[allendale]

While the Chinese Communist Party has allowed a hybrid capitalism that has generated considerable wealth from a talented Chines population, it has never ceded control of investment banking or how capital is allocated. As a result huge amounts of capital have been squandered on grandiose projects, currency support, debt and the military. The result is that China must continue to produce and export or it will starve and economically collapse.

[central_va]

The Democrats are jealous of the CCP.

[Don Corleone]

If China cannot feed all its people they have no compunction about shucking down the population to one they can manage.

[MtnClimber]

The ‘RATs are jealous of the power the rulers of Cuba have as well. They go on annual trips to Cuba to admire the level of power that they wish they had.

[Old Yeller]

The world’s future doesn’t look bright until the Millenial Kingdom is established on earth after the tibulation.

[tsomer]

With totalitarian regimes, it seems the fastest way to advance is to take from someone else.

Without resorting to theft, wars of conquest and annexation, to deflect thee dissatisfaction of it's people, totalitarian states eventually collapse.

China's people are grumbling.

[Ahithophel]

And the CCP’s one child policy will pay some nasty dividends as well.

[Stand Watch Listen]

FYI...

Pork Plant at Center of South Dakota’s Virus Outbreak Had Visit From CCP-Tied Owners 

Smithfield Foods, Inc., is a meat-processing company based in Smithfield, Virginia, in the United States, and a wholly-owned subsidiary of WH Group of China....Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company to date. The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland.

This WH Group also owns the following US brands: 
Smithfield  
Eckrich  
Nathan’s  
Farmland  
Armour  
Farmer JohnMorrell  
Cook’s  
Gwaltney  
Carando  
Margherita  
Healthy Ones  
Cracker Barrel 
Cumberland Gap
and others.

It’s beyond horrifying that China has been allowed to run rampant thru the US and buy whatever they want. That so much of our food industry is owned by ChiCom, and that we pay our groceries with money that ends up in their pockets even if it wasn’t made in China.

http://www.wh-group.com/html/bp_usa.php

China owns other interest in the USA:
10 iconic American companies owned by Chinese investors
2017 article

[boycott]

Thanks. I didn’t know they owned all those brands. I will add them to my boycott list.

If they Chinese target a specify industry, they can write a check for whatever amount they feel necessary. They know their government will back them with whatever paperwork to take over the industry. The Chinese government will back them with money if they have it or not. We’re allowing them to destroy our nation from within.

[virgil]

Allowing China to buy Smithfield should never been allowed, but our govt licks their balls.

[americas.best.days...]

Thanks. I knew to avoid Smithfield, but was unaware of the subgroups. Not that I buy them much anyway.