{"id":1999241,"date":"2023-08-13T10:08:02","date_gmt":"2023-08-13T14:08:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/despite-what-youre-being-told-china-is-dying\/"},"modified":"2023-08-13T10:16:24","modified_gmt":"2023-08-13T14:16:24","slug":"despite-what-youre-being-told-china-is-dying","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/despite-what-youre-being-told-china-is-dying\/","title":{"rendered":"China&#8217;s Decline: The Untold Truth"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">10<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdespite-what-youre-being-told-china-is-dying%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1999241&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><blockquote>\n<h2><b>The Real Story of China: \u2062A Power on the Brink<\/b><\/h2>\n<p>China, you\u2019ve been told, is a rising power. Soon,\u2063 you\u2019ve been told, they\u2019ll \u200bsurpass the United States as\u200d the\u2063 center of\u2064 a new world \u200dorder. Their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/despite-what-youre-being-told-china-is-dying\/\" title=\"China's Decline: The Untold Truth\">annual gross domestic product averaged 9% growth<\/a> from 1989 to 2022; their standing military has \u20642 million active \u200bpersonnel;\u2062 their tentacles\u200d reach into \u200cAfrica, the\u200c Middle East, and South America. <\/p>\n<p>The\u2064 real \u2064story of China is \u200cfar, far scarier, because China is a power in a\u200c state of inevitable collapse. \u200bThe only question is when, and how much damage they\u2019ll\u2062 do, before the \u200dChinese regime\u200d implodes. That\u2019s because \u2062China has at least five serious problems.<\/p>\n<\/blockquote>\n<h2><b>Problem #1 | \u200dDemographics<\/b><\/h2>\n<p>China is currently, according to geopolitical strategist Peter\u200b Zeihan, the\u200d fastest-aging society in all of human history. A\u200c healthy \u2063demographic chart, in terms of age, looks something like\u2062 a pyramid: most of the citizens will be young, a solid number \u2062will be middle-aged, and at the very top,\u200d the fewest will be elderly.<\/p>\n<div class=\"image\"><\/div>\n<p>Even in 2000, the warning signs were clear in China. You can see the dramatic lack of people in the 9 and below group. That did not change.<\/p>\n<div class=\"image\"><\/div>\n<p>So here\u2019s what that\u200b same chart looks \u200blike\u200d by 2020. Look at how the\u2063 vast bulk of the population is \u200cnow over the age of 30. There\u2064 is no supporting\u200c demographic base \u2064to pay all the \u2063bills. \u200bThis is why Zeihan says China\u2063 now has a \u201ccompletely terminal demography.\u201d<\/p>\n<div class=\"image\"><\/div>\n<p>China currently has a birthrate of less than 1.2 \u200bper woman. It\u2019s worse in \u200curban \u200careas.<\/p>\n<p>The decline of Chinese birthrates can be attributed to two factors: \u2063first, the Chinese government\u2019s evil one-child policy,\u2062 implemented in 1980, ended in 2016, it resulted in three to four percent more boys than girls being born thanks to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/becerra-tells-congress-this-individual-never-sued-any-nuns-despite-californias-small-sisters-of-the-indegent-lawsuit\/\" title=\"Becerra Tells Congress This individual \u2018Never Sued Any Nuns\u2019 Despite California\u2019s Small Sisters Of THE INDEGENT Lawsuit\">sex-selective abortion<\/a> and infanticide; families literally killing off female babies in the\u2064 womb or afterward.<\/p>\n<p>According to the Chinese government itself, the one-child policy prevented 400 million\u200d births. China\u2019s population has already\u2064 peaked \u2014 it\u2019s now dropping. The question is as the population ages\u200d in a heavily Marxist system, who is going to pay the bills?<\/p>\n<h2><b>Problem #2 | Lack Of Innovation<\/b><\/h2>\n<p>This brings us to\u2062 problem number two: lack of innovation. If China were free, you know, an innovative, robust economy, it might \u200dbe\u2063 possible to stave off disaster for\u200d at least \u200ba little while.\u200c After all, \u200dthe generation\u2062 of new\u2064 products and \u2064services might allow China to thrive economically in the short term, \u2063that would buy time for the social system to transition away from high levels of government support and toward something more sustainable. But China has no innovation, thanks\u200d to its \u200dstate-controlled mercantilist schemes. Right \u200cnow,\u2064 the entire Chinese\u200c economy is reliant on producing things at\u200c scale, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ben-shapiro-explains-the-inevitable-collapse-of-china\/\" title=\"Ben Shapiro predicts China's 'inevitable downfall'.\">undercutting foreign markets<\/a>, and stealing technology. As the young \u2064working population declines, producing things at scale becomes a lot more difficult. Cheap labor\u2064 goes away.<\/p>\n<p>China is trying \u2062to\u200c fill\u2062 the gap right now with robotics. In 2021, \u2063China represented 52%\u200b of global worldwide\u2063 industrial robot installation. There is a problem with this. If a \u200brobot can do a job more cheaply\u2063 than a human, why produce\u200b in China at all as opposed to somewhere that isn\u2019t a geopolitical hellhole run by \u2063an authoritarian\u2062 communist government? Furthermore, China has to import all those robots, \u200blargely from Japan.<\/p>\n<p>And then there\u2019s the problem of innovation. It turns out when you nationalize all innovation, you\u200b kill\u200d it. The\u200d solution is \u200bto rob everyone else of\u200c their \u200dIP and \u2064then try to recreate it. Some \u200breports suggest that Chinese IP theft costs the United States \u200dup \u2063to $600 billion per year. This is an unsustainable growth model. It always leaves Chinese IP well\u200c behind Western IP. They\u2019re stealing somebody else\u2019s technology and then\u2064 they\u2019re trying to reengineer\u200c it. This is particularly true when it comes \u2062to microchips, where China manufactures a lot of basic microchips, but \u200bhas actually been cut off from the world\u2019s markets for sophisticated \u200bmicrochips. All of which brings us \u200cto \u200dthe\u200b third problem: debt.<\/p>\n<div id=\"attachment_603373\" style=\"width: 1034px\" class=\"wp-caption alignnone\">\n<p id=\"caption-attachment-603373\" class=\"wp-caption-text\">MF3d. Getty\u2063 Images.<\/p>\n<\/div>\n<h2><b>Problem #3 | Debt<\/b><\/h2>\n<p>If\u200c you can\u2019t pay for things through innovation or \u200bthrough manufacturing, you got to get \u2063a lot of\u2063 money from someplace else. Well, China\u2019s growth\u2062 has been \u200cdisproportionately funded \u2062by debt. The country\u2019s debt to GDP ratio\u2062 is at least 159%, that is 60% higher than the global rate, according to the S&#038;P Global Ratings. The nation\u2019s total \u2063stock of corporate, household, and government debt is now over\u200d 300% of GDP. It comprises 15% of all debt globally,\u2062 according to the\u200b Institute of International Finance.<\/p>\n<p>Because \u2063Chinese banks are owned by the state, their decision making \u200cis \u200brooted in government interests rather than \u2063profitability, that means they \u2063are probably carrying trillions of \u200ddollars in bad loans. As\u2063 Professor Antonio Graceffo writes, \u201cIt is extremely unlikely that the Chinese Communist Party will be able to solve all of these problems or\u2064 completely turn the economy around. The Chinese economy is too \u200bbig and too\u200b complex to be able to remedy the deeply\u200d ingrained issues that have become endemic.\u201d<\/p>\n<p>The best visible example of China\u2019s economic hollowness is its ghost \u200dcities. Literally cities that are \u2062just empty. China is chock filled with these so-called \u201cghost \u2064cities,\u201d they include, apparently, up \u2063to 65 million empty units of housing.<\/p>\n<div id=\"attachment_603371\" style=\"width: 871px\" class=\"wp-caption alignnone\">\n<p id=\"caption-attachment-603371\" class=\"wp-caption-text\">Zhang Peng\/LightRocket \u200bvia Getty Images<\/p>\n<\/div>\n<p>Why did this happen? Well,\u2062 politicians borrowed insane amounts of money for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-releases-campaign-ad-on-reclaiming-american-energy-dominance\/\" title=\"Trump Releases Campaign Ad on Reclaiming American Energy Dominance\">make-work projects<\/a>, with the government then \u200cencouraging\u200d people to put\u200c their\u200c retirement money into buying empty shells of \u200capartments, assuring them the prices would continue to rise. This has generated a looming real estate catastrophe. Because none \u200cof \u200bthese apartments are\u2064 livable. But \u200bChinese citizens keep putting their money in real estate\u200d because it \u2062allows them the \u200dillusion of actual \u200bownership of \u200csomething \u2014 and in a communist country, even the\u2062 illusion of ownership \u200bis better than the reality that the government runs everything and you \u2063don\u2019t own anything.<\/p>\n<h2><b>Problem #4 | Military<\/b><\/h2>\n<p>China\u2064 has yet another problem: Military problems. Now,\u2064 everybody thinks \u200dChina is a powerful military country, and they kind of are. But, \u200bwith China on the brink economically and demographically, they might be expected to get more aggressive militarily. And again, China does \u200dkeep \u2063threatening surrounding areas, including most prominently, Taiwan. China\u2019s 2 million man \u2063army is indeed huge. But, manpower isn\u2019t everything, as we saw in the Ukraine War. And like Russia, the Chinese military isn\u2019t up to snuff. China relies on\u2063 older,\u2064 less\u200d sophisticated\u2063 chips, according \u2063to the RAND Corporation. The United States has worked to control import of chips into China, which means that their Chinese\u2062 tech is just not as good as American military tech.<\/p>\n<p>The United States has \u2064even prevented Chinese companies from receiving\u200c software updates, spare\u200b parts, or\u2063 technological input\u2064 from Americans.<\/p>\n<div id=\"attachment_603369\" style=\"width: 874px\" class=\"wp-caption alignnone\">\n<p id=\"caption-attachment-603369\" class=\"wp-caption-text\">Kevin\u2062 Frayer\/Getty Images<\/p>\n<\/div>\n<p>According\u200c to Chris Miller, author of \u200b <i>Chip War<\/i>, China now lags the United \u200bStates by up to a \u200bdecade. What\u2019s\u2064 more, China doesn\u2019t yet have the \u200dcapacity to project deep water power. They have a\u200d lot of boats\u2064 in their Navy, and their Navy is effective in coastal zones, but they have \u200dno capacity to \u2064project power beyond those zones.\u200b Which means that Taiwan and the South \u2062China Sea are squarely in China\u2019s crosshairs \u2013 because 92%\u2062 of all sophisticated microchips\u2062 are produced in Taiwan, we could see China attempt to blockade the island with the threat of destroying TSMC, Taiwan\u2019s microchip manufacturing company.<\/p>\n<h2><b>Problem #5 \u200b| Dictatorship<\/b><\/h2>\n<p>Finally, you\u2063 have problem number five: dictatorship. Underlying\u200b all of these other problems is the biggest one of all: China is\u200b a one party dictatorship. While fools like Thomas Friedman of <i>The New York Times<\/i> \u200c write that \u201cChina\u2019s one-party autocracy can impose the important policies needed to move a society forward\u201d the reality is the reverse: because the dictatorship is the be-all end-all, it can\u2019t allow \u200bthe freedom and innovation necessary to \u200bgrow the country and fix its problem. Instead, dictator Xi Jinping, in an attempt to enshrine his own power, has doubled down,\u200c seeking more economic control, more autarky, greater \u200cmilitarism, more carbon-based fossil fuels to push manufacturing growth.<\/p>\n<p>China is in very serious trouble. Does \u200cthis mean \u2063that China is going to break apart into \u200da million policies? No. But it means\u2064 that \u200bthe current regime is on shaky \u2064footing. And that means they are likely to get very aggressive \u200din the near term, in an attempt to shore up their \u2062foundation. Because if\u200b they don\u2019t, that collapse is going to happen sooner rather than later.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China, a rising power, is predicted to surpass the US as the new world order center. With an average annual GDP growth of 9% from 1989 to 2022 and a military of 2 million active personnel, their influence extends to Africa, the Middle East, and South.<\/p>\n","protected":false},"author":161,"featured_media":1999242,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1999241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1999241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/161"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1999241"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1999241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1999242"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1999241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1999241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1999241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}