[CondorFlight]

I think Xi is on the way out. He’s spent billions on his “road” project, and badly mishandled the virus epidemic.

[PapaBear3625]

Li said during a meeting of China’s rubber-stamp legislature on May 28 that 600 million Chinese only earn 1,000 yuan ($140) per month, which is not enough to pay for monthly rent on a one-bedroom apartment in a mid-sized Chinese city.

This means that prosperous Party members have their pick of impoverished young Chinese women.

[allendale]

China’s “prosperity” utterly depends on the mass production of mostly consumer goods for the export market. They resist honest free trade agreements because without an unfair advantage they will lose millions of jobs and the poverty and social unrest will worsen. The fact that consumer demand in the West has declined due to economic contractions has worsened the Chinese situation.

Yet poverty will not be eradicated in China until the inefficient, corrupt Chinese Communist Party hierarchy gives up control of the nation’s central bank and stops making decisions on how capital is allocated. Literally trillions of capital have been squandered. Huge “ghost cities” have been constructed remain empty and are deteriorating, immense “environmental” projects have resulted in harm and no return on investment. the huge investment in military hardware, (ships, jets, missiles, etc) as well as keeping millions of young men under arms, is wasteful and ominous. Historically nations that build up huge peacetime militaries come to use them.

Until capital is allocated in a rational economic manner by capitalists, China will continue to remain poor and unstable.

[poinq]

Xi is spending the most money on getting rid of Trump. This election is Trump vs. Xi. All those RINOs who are against Trump are being paid by Xi some how.

[TexasM1A]

Could this be another Liu Shaoqi?
Probably not, I bet they all remember what happened to him.

[tet68]

Xi will come down on the NEP men, just like Stalin.
For communists, building up the middle class is like
a snow ball rolling down hill, once it reaches a certain
size it’s hard to stop, so they will step on it at a
certain level before the middle class decides to have a
government that responds to their needs.

[Dana1960]

I watch 3 channels every night before bed:

https://www.youtube.com/channel/UCBOqkAGTtzZVmKvY4SwdZ2g (China in Focus, which I think is a sister site to Epoch Times)

https://gnews.org/ (video out of China)

https://www.youtube.com/channel/UCZz8q2tZC7QuQiFwPKQ4Bug (The Frustrated Indian)

I’m the life of the party, no? LOL

[Tallguy]

*** After Li’s speeches, state-run media first promoted the street vendor economy, but began running articles criticizing the idea on June 5. ***

I see that the US Media works the same way as the Chinese Media. Makes you wonder if the 1st Amendment guarantees of freedom of the press are even necessary. The Chinese certainly don’t have a “free press”.