- Jun 15, 2014
- Reaction score
- Fascist Florida
- Political Leaning
Xi Jinping is Sleepless in Shanghai during these times.Belt and road fall out has been much more than I ever thought would happen this fast. The world knows what is going on now. The Chinese are failing at diplomacy .
The BRI Neverland Belt & Roadblock is going backwards.
The every 5th year Party Congress is next year and Xi hasn't traveled outside of China for the past two years for fear of being deposed. He's hoping to hang on and get through the Congress which is increasingly dubious for him.
Xi's "Three Pledges" on taking power in 2012 (full power in 2013) are a bust:
Eliminating poverty by 2020 sees 80m more unemployed since he took office, GDP down to 2% to 4% while total debt has finally exceeded 300% of GDP. Xi has failed to move the needle on relatively very low household spending as a percentage of GDP, thus failing to create domestic production for domestic consumption.
Dominating the world in high tech and in IT especially (by 2025) is rejected across the globe as Huawei and other state connected corporations are being shut out due to distrust and valid suspicions of massive and widespread strategic espionage.
The Belt & Road is going backwards as just another classically vainglorious and grandiose Chinese project of self importance and faux historical conceit. It is collapsing of its own overbearing overweight.
Plus Xi's military buildup is directly contrary to Deng Xiao Ping's maxim of stealth and makes neighbors shudder that the only thing more threatening than a rising China is a falling China.