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I visited Beijing and Hong Kong in the last two weeks. This visit is a revolutionary in today’s world today -, or rather, an reactionary – power, allegedly, the power of the Chinese status quo. In this regard, the EU is common with China. China’s rulers are like a way of going like the world and China. The EU is not completely satisfied. Economic and security problems are aware of, the elites know that this should change a great deal. However, they also prefer the world that the US President tries to destroy the chaotic that Donald Trump is trying to create.
This is an open conclusion to any open conclusion of this extensive visit, if it is not stupid, if it is not stupid. Nevertheless, since 1993, I visited the country for at least once a year, during the pandemic, the evolution of the country’s economy was closely followed by a number of friends between the Western-literate policy elite. The rise of China removed the greatest economic and political story of my life. The hero or don’t be, one should try to feel what it means to the world, which means to China and China.
This is what I learned.
First, my Chinese interlocutors thought about the Upheaval, which is related to its cultural revolutions, which began today’s US about 60 years ago. Mao Zedong used his reputation as a fame leader to carry a war in Chinese bureaucratic and cultural elites. Trump also uses power as a selected leader of a rebellious movement to overthrow the bureaucratic and cultural elites of the United States. The cultural revolution is shared widely among the largest members of today’s Chinese elite, which does not like intensive dislike. They don’t like Trump’s revolution.
Second, many of the 1980s and 1990s, many of those studying in the 1980s and 1990s, they were admiring what they saw and visited their countries. The rule of law, personal freedom and modern sciences seemed amazing ideas. For such people, what happened in America is very painful. This remorse, which has betrayed its own principles in the United States, is not unique to China.
Third, the United States is accepting that the events are open for their countries. This is worth the signature of Trump for everyone. A man trying to demolish the Canadian economy will not be a reliable friend to another. Thus, the United States needs to balance China in its neighborhood or in connection with this issue, because it is likely to be very fragile. This even applies to Japan and South Korea, putting other neighbors alone. In this environment, China should dominate the main trade capacity of the Asia-Pacific, as well as the rapidly rising military force, not only in the region. Europe, which is concerned about Russia and openly by the United States, will seek friendship with China. Trump’s American America is obliged to make only America.
Fourth, DeepSEEK has given the Chinese a great impetus with confidence. They believe that the United States has no longer blocked their rise. One’s good friend, Xi Jinpingin’s three tasks: regime stability; rising technology; and an economy that grows. They are even more confident that it is a few years ago. It’s not just about DeepSeek, but also about the nominator of the “Clean Energy Sector” in Chinese. Many believe that China’s demographic problems are forced to destroy the economy. But at this time the problem is not very little employee, very little work. It is not a potential supply, but the problem of demand. This has long been due to rural workers.
Fifth, this requirement problem is really great because I have argued in the pastBut it is not resolved. In China, in the spotlight in the spotlight in China for many years, short-term issues, the balance sheets of households, results of financing of local government for many years and Retail prices. All this is reminiscent of a Japanese Bubble Post-Bubble economy. However, these are not actually cyclical and problems. The main reality is the ability to invest in China’s extensive deposits as with Japan and South Korea (More than 40 percent of GDP) productively collapsed now. This is a proof of this, a large jump in the ratio of growing capital access – an economic growth rate of investment. (See diagrams.)
At the beginning of this century, the required hole was partially filled with a large current account increase. Then, if this is not possible, the larger hole, which emerged after the financial crisis, was full of great increase in investment in real estate and infrastructure. The first one falls. However, putting more investments in production, provide only more power and thus protection against the inevitable situation of China exports. Thus, Europeans will follow the example of Trump. They will do so really because After example, export to China’s export markets.
Nowadays, Chinese politicians belong to “Investment in Consumption”. Is an interesting concept. However, head requirements are to develop a social security network by redinging the deposit speed to households and reducing the increase in state consumption.
Total, they believe that the Chinese can survive the Trump’s attack. Indeed, many believe that they can help them in violating the reliability and powers of the United States. This does not mean that China is not sure of the victory. But as it is normally for great forces, their biggest problems are not abroad, but at home.
