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Old 10-08-2020, 03:26 AM   #205
Crazy Dazz
FF.Com.Au Hardcore
 
Join Date: Feb 2008
Location: Perth, Northern Suburbs
Posts: 4,870
Default Re: Australia - China - Poltics

China faces a number of fundamental problems:

They're a huge international player, and want to do even more.
But at the same time they are xenophobic, paranoid, and inept at foreign communication.

They want to catch and surpass the world in technical and scientific innovation.
But the entire fabric of their society is based on people not thinking for themselves and not challenging the status quo.

They want to elevate their population to a prosperous middle-class.
But much of their industry is built on horrific exploitation of the working class.

In their thirst to always progress the interests of China, they engage in wholesale corruption, deceit, and treachery.
Yet those same qualities make their corporations and industries hideously inefficient.

They engage in bullying and extortion in their International Trade dealings, feeling secure in the knowledge that collectively China is the biggest participant in most markets, and that therefore "we need them more than they need us."
However they have built their entire economy on International Commerce, and in total they are extremely vulnerable.

They have developed their entire economy buy constantly short-selling their currency. They can only do that by constantly buying up USD reserves. I really don't know how long they can sustain that.

They have a fig up their **** about Taiwan, and insist on constant Sabre-Rattling, threatening of Taiwan, and ****ing off America.
Eventually their own stupid pride will get them into a war with somebody like Trump. So China, whose entire economy depends on Maritime Commerce, will have to take on the US Navy. Good luck with that.
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