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- China is Imploding
China is Imploding
The policies against the west have destroyed investment in China.
The President of China, Xi Jinping, has taken control over the entire Chinese government. He has killed or isolated anyone that would offer a challenge to his rule. The new “Espionage” law has scared most people working in China. With the digital monitoring, video monitoring, and biometric data the Chinese government collects, the people inside China are living in a giant prison. No dictator or emperor has ever amassed this much power over their people.
Part of the internal Chinese policy was to attack any western business or business people. That with the public sentiment finally recognizing that China will never join the free trade and lawful trade has western companies leaving in mass.
A lot of the Chinese companies still have contracts with the west. They moved their production to other nations in Asia. So, you may see Made in Vietnam on the label, but the company will be owned by China.
In the meantime, China has massive unemployment and a collapse in their real estate market…