The war fight against the global economic terror has affected the economy of the den of the thieves and the hub of counterfeit. Since China communist joined the free market and infiltrated the global finance, China boomed the export sector, it is the vital field and also making the huge profit. In the mainland, the labor market thrived, the government and the foreign company employed more than 120 million workers. The inhumane regime existed and developed from the capitalist during Soviet-Union, the global cradle of communist’s movement and the Eastern Europe Communist Bloc collapsed. China communist has never changed the character, but Beijing just applied the lizard changes skin color tactic for survival and cheat the Western.
The fair tariffs of President Donald Trump threatens China’s growth and also the Red Empire has been risked when the jobless increase and government has no solution to solve the vital impact for the economy and also the fate of communist regime. Nevertheless, China has no social security system as the US, Europe to defuse the social problem, how could the massive jobless population live without the financial support from the government?. Moreover, the corruption causes the people outrage plus the arrogant officials often misuse the power for individual and family interest and become the wealthy family or the Red noble caste while the major population being struggled into the poverty. China government’s system is rotten, the communist party has reigned the mainland from 1949, the collapsed reasons contained inside the regime.
China communist regime has tried to find the solution to reduce the unemployment rate hike while the export sector declined by the Intercontinental Ballistic TARIFF Missile of President Donald Trump. The largest population of communist regime shrinks the economic development from export to domestic. It is the natural reaction of the weak, the last defensive base is home. While China faces the deep debt is up to $USD 23.6 trillion and the rapacious plan of one belt and one road has been dealt the disaster, nevertheless, the arms and space race cost too much money, moreover, China hasn’t got enough technological capacity to involve in those fields. The high price to maintain the illegal artificial islands in the disputed waters has created a burden for China’s budget. So, the Chinese dream has been hampered, even it turns to the nightmare after the high technology failed in the space race, Jade Rabbit died after touching the moon. The space station Tiangong-1 became the fireballs and recently, the aircraft carrier faces the disaster.
Beijing copies the economic stimulation solution of western world, the communist government will deliver a tax cut up to 65 billion Yuan ($USD 9.6) to help the companies, including small technologic companies for survival. As the plan, this year (2018) the tax cut will reach up to 1.1 trillion Yuan. China has to respond to the national economy has slowed down when the export sector plunged and the future is uncertain. President Donald Trump will impose more items list in the new tariffs, so China will engage the peril. The tax cut is good policy, but the government could face the financial black hole, it is the big problem for China communist while dealing with the deep deficit.
The stimulating solution targets to prevent the unemployment rate increase, the domestic would take the place of the export sector, so the infrastructure work temporarily solves the risky problem, but how long will it go?
The domestic consumption now becomes the solution when the export sector ruined. Therefore, Chinese people recognize the most product including the agricultural product import from the US and the other democratic countries meet the hygiene, quality while the product made by China matches the poison, contamination and short life. Actually, the wealthy family in the mainland (mostly the communist members) have not favored the socialism product from food, vegetable to high technology product. China made could respond to the low-income family, but they are poor, so the buying limited, but the people don’t like the China made.
The important fact is China currency has been fallen into the lost valuation, even the wealthy family and high profiles of government want to keep the US dollar. It is the credit problem that could cause Yuan continues to lose the value, so the inflation follows that aggravates China’s economic situation.
Despite China tries to solve the economy downed by the US’s tariffs, therefore, the domestic solution is like using a common cold tablet to cure cancer. China communist must find the job for the massive unemployed workers suffer the export sector slide. China shrinks the export to domestic, Chinese people in the mainland use Yuan, but the communist government does need the US dollar to repay the interest, the debt, and spending for oil and the others. China aims to use the close vassal Vietnam as the springboard to export China’s goods, so Vietnam regime has attempted to lease three Economic Zones such as Vân Đồn, Bắc Vân Phong and Phú Quốc to China, although Hanoi regime faces the protest of Vietnamese people.
The protectionist policy of White House contributes more jobless for China when the US companies and democratic countries stay away from the mainland for reducing the cost and the tax cut. China communist regime purposes the domestic growth from 0.7% to 1.7%, however, it is just a number of releases from the lying government.
The war fighting against the global economic terror that cause severe damages to China and it is inevitable. In 2017, China exported to the US worth $USD 505 billion, but the US exported to China was only $USD 130 billion. That’s the reason caused China to pull back to the domestic market as China made and Chinese buy. However, the domestic market couldn’t make the huge profit and paying for the debt, the US dollar is favored more than Yuan./.