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jonathannat | 5 years ago

> Hasn’t China’s economy been growing steadily for decades?

Fake GDP #s, especially since 2010. CCP does NOT have a growth goal in the recent five year plan, meaning they can't fake increasing defaults and can't increase construction spendings anymore due to ballooning debt.

> Hasn’t China formed new trading partnerships with many countries in Europe?

First time in 30 years EU has sanctioned China. The CAI deal (Europe-China trade deal) is now being put on hold since various members of EU being sanctioned. Potentially a dead trade deal going forward.

> China is not a dictatorship.

It is. Please read up on Xi Jing Ping's personality, his success on removing most of his enemies and secure his power, and changing the law for unlimited terms

discuss

order

endisneigh|5 years ago

If you think China’s growth is fake then I don’t know what to tell you. I invite you to talk to people who lived in China in the early 2000s and live there now.

> It is. Please read up on Xi Jing Ping's personality, his success on removing most of his enemies and secure his power, and changing the law for unlimited terms

How much do you know about Chinese politics? Xi Jing Pings power isn’t as absolute as the American media would like you to believe. In fact he’s in a very vulnerable position.

seanmcdirmid|5 years ago

I lived in Beijing in 2002 (for 6 months), first visited in 1999 (when north west 4th ring was just a ditch), and then lived in Beijing from 2007 to 2016.

Growth was extraordinary, but there are definitely problems with empty apartments and shopping malls (at least in Beijing). It is difficult to pick out what is real growth and what is simply government driven.

> How much do you know about Chinese politics? Xi Jing Pings power isn’t as absolute as the American media would like you to believe. In fact he’s in a very vulnerable position.

Chinese politics are famously opaque (the national congress is obviously rubber stamp), but I think it’s pretty obvious now that a few red families are calling the shots, and Xi’s power as a princeling is far from illusory as it was with Hu (before I would have said party elders)