The Coming Chinese Crackup

In this post, David Shambaugh alleges that the Chinese communist system is facing problems of magnificent proportions. He believes that Chinese head of state Xi Jinping is cracking down too hard on the people and his political opponents. He believes that there are five reasons why the current situation is indicative of the crackup in China. One, the Chinese elites are investing as much as possible in foreign markets and diversifying as much as possible. Two, Xi JIngping is cracking down on political dissent much more than those before him. Three, many of the loyalists are at this point just pretending to go along with the regime. As if too don’t really believe in it any more. Fourth, the state is about as corrupt as they come. Finally, their economy may seem like it is booming, however on the inside it is sputtering to a stalemate.

Leave a Reply

Your email address will not be published. Required fields are marked *

Skip to toolbar