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China is currently fighting 7 wars 1.) internal political war between xi jing ping of the old guards and the moderates. Check sinoinsider if you wish to know m
by taiwanboy 7y ago
China is currently fighting 7 wars
1.) internal political war between xi jing ping of the old guards and the moderates. Check sinoinsider if you wish to know more.
2.) internal provincial wars with Tibet, Xinjiang, and Hong Kong.
3.) conflicts with immediate neighbors over the south sea and other illegitimate claims, including Vietnam, Taiwan, Indonesia, and Philippines.
4.) trade wars with South Korea, japan, US, and Europe. More and more factories are shutting down in China in favor of other countries
5.) debt war to derisk 400 percent Debt to GDP in consumer, corporate and government debts. This economic shutdown will at a minimum take 3% off of China’s proclaimed 6% gdp growth
6.) globalism vs populism as Americans realized they have lost 1.6 million jobs to China since 1990.
7.) health wars with the recent pig flu, Wuhan flu and now bird flu
One must realize that China is losing ALL of these wars currently. The finances, social fabrics, and public anger (check Chinese netizens fight over Wuhan) are stretched to the limit. It’s only a matter of time
- HenryKissinger 7y ago8.) They're in the beginning stage of a huge demographic bomb. China's birth rate is plunging rapidly, consequence of the (now defunct) one child policy and better standards of living. China's population is aging rapidly, and there is no immigration to sustain the labor pool, like in Western countries.
- deleted 7y ago[deleted]
- tlear 7y agoImmigration is not panacea to it, just delaying the inevitable. One way or another developed societies need to come up with a way to sustain 2.1 child rate. Immigration will prolong time we have to figure it out but it will not fix it. In many ways perhaps it is better to face the reckoning earlier rather then later as Japan, Korea and soon PRC will have to do
- aquadrop 7y agoCan you give a quick tl;dr about 1?