Tango01  | 22 Dec 2018 1:08 p.m. PST |
…off guard. "Xi Jinping, heralded in the West as the most powerful Chinese leader since Chairman Mao Zedong, is heading toward failure. That's the conclusion one could draw from Xi's Dec. 18 speech commemorating the 40th anniversary of China's far-reaching economic reforms. Faced with a weakening economy, a trade war with the United States and an emerging united front against China in the West, Xi could have been expected to offer a bold new commitment to economic reform. Instead, he doubled down on his neo-Stalinist view that the Communist Party must exert control "over all tasks." What's worse, he failed to show any recognition of the hard choices China faces — supporting state-owned firms vs. the private sector, clamping down or opening up. In his 90-minute address, Xi promised all things to all people, in effect promising nothing to no one. What a difference a year or two makes…."
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Armand |
| Thresher01 | 22 Dec 2018 4:04 p.m. PST |
What could possibly go wrong??? |
| 15mm and 28mm Fanatik | 22 Dec 2018 4:19 p.m. PST |
As long as the Chinese remain fat and happy, they'll continue to support the state-controlled capitalist economic model China has been adopting since the 1980's. |
| HMS Exeter | 23 Dec 2018 6:49 a.m. PST |
China is on the verge of a great becoming. It's leaders have a choice. They can either be it's mid wives or it's victims. Looks like Xi is opting for eventual victimization. |
| StarCruiser | 23 Dec 2018 9:40 a.m. PST |
In the end – that would make Xi a victim of history… |
| Andrew Walters | 23 Dec 2018 9:50 a.m. PST |
It will be interesting to watch, but I wouldn't dig the grave yet. Technology gives them tools of control previous totalitarians never dreamed of. They have great influence in Africa and South East Asia. If they have a bad year or two, remember that they have a long way to fall before they're in any trouble. |
| HMS Exeter | 23 Dec 2018 11:04 a.m. PST |
It is the 21st century. In the 1930s we could do almost nothing to Hitler's support structure. Putin's oligarchs and Xi's equivalent of a 1% are dependent on the world economy. We can reach in and touch them pretty freely. When Xi's boys have had enough he only has to fall 71". |
| jdginaz | 23 Dec 2018 11:29 a.m. PST |
Technology gives them tools of control previous totalitarians never dreamed of. It also gives the opposition tools that previously were unknown.
…remember that they have a long way to fall before they're in any trouble. Not that far. Their economy has been in a slow decline for sometime now and it will not take much to increase the speed f that decline. |
| 15mm and 28mm Fanatik | 23 Dec 2018 12:23 p.m. PST |
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| Tango01 | 23 Dec 2018 3:32 p.m. PST |
"…They have great influence in Africa and South East Asia…." You forget South America….
Amicalement
Armand
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| Lion in the Stars | 23 Dec 2018 7:43 p.m. PST |
I admit, I am kinda waiting for China and Russia to start butting heads over resources in Africa. |
