THE CHINESE BURN

As the economy of China rises inexorably with all its advantages over western nations an effect will certainly be felt in the West.

With no ill-will intended China will certainly begin to draw economic power from the West.
THE CHINESE BURN

China is investing heavily across many nations, funding infrastructure & helping build a better life.

The policy of China is to invest with no strings attached. Nations who were previously reliant on western aid now have other options.

chinapower.csis.org/china-foreign-…
THE CHINESE BURN

China, as we saw recently in Beijing, is already far ahead of the West regarding electric vehicles.

When China’s car industry goes into top gear & producing high volumes of electric cars at a fraction of western prices the effect will be profound.
THE CHINESE BURN

The advantages China has are many, including the ability to locate a spectrum of primary facilities for any particular industry wherever it chooses, plus all the many advantages that flow from a large pool of skilled, low-cost labor.
THE CHINESE BURN

Under the pretense of some largely undefined Chinese security threat the West is generating a propaganda platform with which to hit China.

The reality is that western elites fear the economic hit they will receive from China.

The Chinese Burn.
THE CHINESE BURN

There is a great deal of hypocrisy at play. Western companies & the national interests of western nations are encouraged to grow ever greater.

However when it is China that is growing fast it is called unfair.

What is the reality behind the rhetoric?
THE CHINESE BURN

The Chinese have the best of both worlds.

They have a communist system of government with massive planning resources concomitant with the ability to put those plans into coordinated reality.

They also have capitalism where it works best.
THE CHINESE BURN

The West is going to get burned, there is no question about that.

The efficiency with which China can use technology to greatest effect is unlimited in power & scope.

And then there is A.I. A.I. is going to revolutionize our world.
THE CHINESE BURN

China is still far from leading in A.I. It seeks to lead globally by 2030 however & it will not be easy to stop it.

When Chinese planners initiate a policy it tends to be achieved. The resources are continuously available for many such projects.
THE CHINESE BURN

Since 1978 China’s twin economy has lifted millions out of poverty.

Most Chinese lived in abject poverty before this incredible experiment of two systems in combination.

An average of 13.7 million people have been brought out of poverty every year since 2012.
THE CHINESE BURN

The goal of China is to have lifted every single Chinese family out of poverty by 2020 + guarantee access to food & clothing & 9 years of education for children from low-income families.

Basic medical needs & good living conditions should also be guaranteed.
THE CHINESE BURN

Doing all they wish will not all easy for China.

There is much to do & with a population approaching 1.5 billion the planning will need to be a very exact science.

Any western system would merely create an unmanageable chaos.
THE CHINESE BURN

In addition to all else China has now taken the lead in renewable energy with huge investments in that sector.

While Trump is in denial & others prevaricate China is walking the talk & providing the money to make the difference.

phys.org/news/2017-01-c…
THE CHINESE BURN

There will be many benefits for a whole sweep of nations from China’s progress over the next several decades.

They have waited long enough after all.

Benefits will also flow to western nations however they will not be of the highest priority.
THE CHINESE BURN

Over the last four decades the Chinese planners have arguably got most things right.

The system isn’t broken, so why fix it?

This selfsame system is likely to get most things right going forward too.

And in so doing burn the West badly.
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