Tumbling Evergrande, caged tech giants: China much desperate, more dangerous

Tumbling Evergrande Caged Tech Giants: China Much Desperate More Dangerous

An ancient Chinese stratagem advises military leaders: “Loot a burning house.” The trick is easy and self-explanatory — attack when your opponent is most vulnerable. China has given, this and many other hideous ancient wisdom, paramount importance in the quest for ‘Pax Sinica’.

After the 2008-09 financial crisis, Chinese firms ventured out to procure discounted bargains worldwide, especially those with strategic utility: iron & nickel ore, oil, and innumerable other commodities that the Chinese economy became dependent on.

Thanks to the debacle in Afghanistan, China has successfully deflected the COVID-19 blame and taken a head start in manufacturing. They also have a mouthwatering proposition to exploit the vulnerable situations in Afghanistan.

But despite the world presenting such opportunities, China is staring at stagnant population growth, tumbling business models, and failed ‘Common Prosperity’ program.

Xi Jinping and the Chinese Communists Party (CCP) have nothing to show to ordinary citizens before Party Congress in 2022. Is the world heading for another China-created crisis? After all, China loves Milton Friedman’s disaster capitalism.

Read my latest and highly acclaimed article on dangerous Chinese designs which will affect our lives shortly, on India’s leading Think-Tank organization ‘Chanakya Forum’:

One-Time
Monthly
Yearly

Make a one-time donation

We need your help.

The cost of maintaining a community news site like China News is always increasing.

While access to content will always be free, we would appreciate if you could donate any amount, no matter how small, to keep us operating.

This is completely optional and won’t affect your ability to read any of our articles.

Thank you.

Make a monthly donation

We need your help.

The cost of maintaining a community news site like China News is always increasing.

While access to content will always be free, we would appreciate if you could donate any amount, no matter how small, to keep us operating.

This is completely optional and won’t affect your ability to read any of our articles.

Thank you.

Make a yearly donation

We need your help.

The cost of maintaining a community news site like China News is always increasing.

While access to content will always be free, we would appreciate if you could donate any amount, no matter how small, to keep us operating.

This is completely optional and won’t affect your ability to read any of our articles.

Thank you.

Choose an amount

$5.00
$10.00
$20.00
$5.00
$10.00
$20.00
$10.00
$20.00
$50.00

Or enter a custom amount

$

Your contribution is appreciated.

Your contribution is appreciated.

Your contribution is appreciated.

DonateDonate monthlyDonate yearly


Categories: Manufacturing & Industry

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: