Posted on 12/26/2021 4:23:03 AM PST by MtnClimber
Xi Jinping’s crackdown on almost everything in China may be a sign of insecurity or tremendous fear of the monied business sector.
China is currently in a state of stagflation where prices are going up for everything and unemployment is rising, which is a harbinger of little economic growth in the foreseeable future.
Xi Jinping’s crackdown on almost everything in China may be a sign of insecurity or tremendous fear of the monied business sector. Tencent and Alibaba were in the 10 topmost valuable tech companies globally in 2020 and today they are no longer on the list. 38% of the apps disappeared from the app market since 2018. China is about to ban offshore trading services, has not only cracked down on big tech but also social media, tuitions, and games. The crackdown was rationalized in the name of common prosperity, but it is more like a vendetta against businesses --which is causing foreign investors to flee China, making Chinese markets lose 1.5 trillion dollars. The crackdown on celebrities resulted in one social media influencer being fined $210 million.
The CCP wants to dominate Chinese minds and bodies and keep money in China for the Chinese, so it is about to stop the flow of money out of the country, which started by many Chinese businessmen preparing to flee the country. With such a large crackdown on businesses that provide many jobs, China is digging its own grave in the long run and Xi Jinping doesn’t realize it yet.
The unemployed and semi-unemployed might reach 300M+ people, newly unemployed in 7 industries such as entertainment, real estate, and education tutoring. Foreign companies are leaving China – giants like Panasonic, Samsung, Toshiba, Foxconn for a total of about 20,000 companies.
(Excerpt) Read more at americanthinker.com ...
Be a good time to up all of our import tariffs. Keep the pressure on.
The Epoch Times is one of the few newspapers that I trust to be truthful.
Spot on. It really does boil down to this.
US prosperity was built on property rights, rule of law, and limited government. Under rule of kings it was similar, no one’s property was safe. China is little different.
You forgot a protective trade and tariff policy up to around 1980.
Their news operation, the Epoch Times, is excellent in my view. I am sure you are aware of them, and I’m curious on your opinion.
And selling out to China.
I’ve been saying for a while that the DC - Wall Street Axis has sold out Main Street for the last 30 years to China. Both political parties are heavily involved here, look at Mitch McConnell’s wife for an example on the Republican side.
Trump made some moves to end this and it’s why both parties worked so hard to cut him out.
“The Epoch Times is one of the few newspapers that I trust to be truthful.”
Same here..
Same with Steve Bannon.
Bad times are coming for China. The CCP knew this was coming. They are taking steps to mitigate to fall out, and maintain their control.
The fact that they are doing anything like this is a big red flashing light. When you see the guy across the street stockpiling food, you have to ask yourself if he is crazy…or if you are stupid.
Many people in the US have no concept of what a deep recession in China is going to do to the US.
Do not believe all of this crap. 73% of us companies not only plan to continue to do business in China but actually increase business there according to a October Bloomberg poll.
I have been reading about China’s coming collapse for 20 years They have only become more more powerful
Biden will just hand over the US to China... payback for all the money Slimy Joe and Hunter got.
This is a battle of “Good vs evil.”
evil has infiltrated all political parties, religions and governments.
The journey to knowing and experiencing God is not just a Christian experience, but will always agree with Christian principles. The Falon Gong movement is another application of the Holy Spirit in action on earth. We are in the times Jesus spoke of. Their is a higher understanding of religion(s) and the Holy Spirit that is now increasing on earth. God’s Plan is unfolding exactly as it is supposed to happen.
We are living in interesting, but also wonderful times. The birthing pains are about to begin.
Many of our leading companies such as Amazon and Walmart are highly dependent on Chinese manufacturing.
If the Chinese stop the export of pharmaceutical precursors, millions of Americans may not be able to have their prescriptions refilled.
Would this not be the most opportune time for the US to offer the world a business and manufacturing-friendly environment? With a strong emphasis on FREEDOM, especially FREE SPEECH, and the right to own and control property???
This right here is the kind of post #2 that used to be the norm on FR. Spot on and concise. Need more posts like yours at the beginning of every thread.
Who supports FREEDOM?
vs. Who supports controlling people?
Freedom is absolutely necessary for the human soul to grow. If someone else, or something like money or power is holding our will, then we do not have the individual authority to surrender our will to God.
If you use this as a measurement tool, it is pretty easy to sort the good guys from the evil.
Are you talking about Biden or Xi?
“US prosperity was built on property rights, rule of law, and limited government. “
Correct.
The current US decline has been built on the destruction of property rights, annihilation of rule of law and a pfascist dictatorship.
XI, of course. Biden's handlers are trying to take the USA down a peg or two (or 12). If China took us over they would get their communism so they fiddle whils the USA burns.
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