The Intercontinental Ballistic Tariffs Missile of President Donald Trump has struck over China’s pocket and the vulnerability is the unemployment rate that will decide the fate of China communist regime. Indeed, the terrestrial ambition and the global hegemony conduct the largest communist country commits suicide, therefore, the Chinese dream faces the very difficult situation, actually, the finance couldn’t allow China involves into the arms race and space race as long as they want to. The Chinese dream is going to turn the nightmare, actually, the Red Emperor Xi Jinping shares the declination of the Red dynasty.
The global economic terrorism comes from Beijing that seems to engage the disaster, obviously, China becomes the number one in debt, it approaches $USD 23.6 trillion and now the deficit estimates more than $USD 30 trillion. Nevertheless, the foreign currency, actually the US dollar does need for China repays the debt, interest and exchange the oil from somewhere else, moreover, the most oil export countries want the US dollar than Yuan, therefore, China just has about $USD 3 trillion, but more than a trillion dollars is the US bond, so the foreign currency’s depot of China is not flexible.
The war fighting against the global economic terror is striking to the den of thieves and the hub of counterfeit to be listed the items made in China imposed 25% tariff that aggravates China economy being crippled. Despite Beijing reacted to the retaliatory tariffs on the US’s agricultural products, but China received the potential damages on:
-China product couldn’t dominate the US market as the era of President Bill Clinton and Barrack Obama. Nevertheless, the US people boycott China-made because the most export from China meets the poison, poor quality, contamination and short life. Now, the new tariffs worsen China product.
-The foreign companies, actually the companies of the US repatriated to avoid the lost profit when the new tariffs apply. The well-known company is Faxcom, the main provider for Apple came back to the US in Wisconsin, that means Chinese people would get more jobless.
When the economy slows down, the currency lost valuation and the unemployment rate hike. Those worst facts cause China communist regime engages in the peril, Beijing has tried to rescue themselves with the domestic solution, it temporarily creates the infrastructure’s job, but it doesn’t fetch the foreign currency, instead, China government has to spend the money on the Chinese worker on the unnecessary sector during, the export sector is the vital field for Beijing. Therefore, the numerous jobless could reach multiple millions, even tens of millions, it is the real problem for China communist regime. The social security’s net seems zero to help the people lost a job, they have not much money to buy the local product, it causes the government companies to lose the profit and borrow the government banks. The debt increases and the economy plunges.
The rapacious ambition carries out the plan one belt and one road plus the quagmire of the illegally artificial islands built and militarization into the disputed waters worsen the China economy. The dismal panorama of China is waiting for the worst situation coming while President Donald Trump increases the power of the economic weapon to blow up in the mainland. How long will China suffer the loss? However, the economy will cost the Red dynasty when the jobless couldn’t handle although China will apply the terror’s policy to quell the hungry people as Mao Ste Tung did during 1949 to 1976 ./.
(thedawnmedia.com)