The purpose of a democracy is to prevent oligarchs from getting richer and richer.
In China the State controls the capital. In the West the 1% unregulated libertine oligarchs holding the capital control the State.
China has a ‘planned rational State with market instruments’. Voting and experimentation and review takes place at many levels. The West thinks China should privatise all its assets and allow foreign investment, though the Chinese productive GDP economy is doing far better than the US and EU. China will be wise not to listen to this advice; other countries who accepted foreign investment are now indebted subordinates to the US. Don’t worry, the Panda is not for turning.
The way to lose sovereignty is to allow foreign banks to privatise your assets and make you dependent on foreign credit. China has avoided this and maintains control of tangible structures rather than allowing oligarchs and rentiers to produce debt.
The Chinese have long-term goals to improve the lives of all her people and have indeed already lifted millions out of poverty with the fastest and largest industrial revolution in history.
China wants autonomy for all, not just one section of society. They want high quality digital and green growth, structural transformation and innovation (4.7 million STEM graduates a year, compared to 430,000 in the US) . A planned approach for this is necessary. It cannot be left to oligarchs to organise structural change; they singly don’t have enough money anyway for what is required.
During the ‘covid’ hoax 149/million people in China died with ‘covid’ compared to 3500/million in the US and UK. You’d think those at the alleged epicentre would be more affected than those hundreds of miles away, but hey ho. The reason is that the Chinese did not deliberately kill the elderly, in the increasingly ageing population, to save money on pensions and social security. The Chinese though allegedly welding people into homes (I think this is propaganda) and being forced by social media and the CIA to ‘lockdown’ still managed to keep their GDP above 0%, unlike everyone else, and supplied the world with plastic visors and masks. Protests about the lifting of restrictions appeared with placards in English (!) after the fact.
Housing prices in China were steadily increasing and were halted by fears of a 2008 style crash. This has left some developers indebted, but not the population at large. Due to deregulation and quantitative easing in the States the relative price of property is now even higher than before the big crash. They should be worried about this in the States, and about their poor growth which is precariously based on financial services, not pointing the finger at China!
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PS
China’s influence in developing green technologies, like Brazil’s plans to protect the rainforest, are not going down at all well with Empire. The ushering in of ‘surveillance state’ like ‘global governance’ on the back of climate change is also used to create fear and blind us to the fact the Empire and neocons have already imposed a massive and sophisticated surveillance and governance network over the entire world. It’s called the CIA.
China doesn’t want war, she realises it’s not good for her people nor anyone else’s. Another reason that the US and the military industrial complex can’t abide China’s influence.
Assange also realised that populations don’t want wars, they are manipulated into them by media lies, mostly about US perfidy and crimes. A healthy media and critical thinking will completely destroy this power. Which is why Assange is in jail.
We may not be able to free Assange nor to make the press question rather than parrot, but we can all do our part with the critical thinking.
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I’ve just come back from China.
Though Hunnan province might not mirror the rest of the country I can say that as literally the only ‘White Man’ in a city of 400,000 Chinese where I stayed I was treated with respect, kindness, and consideration. Nobody even looked at me and I felt ‘accommodated’, which seems to be the Chinese way with most things in life.
I flew in and out through Shanghai which gave me some insight into an urban metropolis of c26 million people, where the city and suburbs are so so large it can take 5 hours to cross from side to the other.
I’m sure Shanghai has its problems but all I saw was a super efficient transport infrastructure (including the awesome 400kph ‘Maglev’ train from airport to city centre) and, again, kindness, consideration and an unmistakable commitment to service and improvement.
The West needs to take note and be fearful.
I love 'Jina' ! - as long as it has a decent social credit score...