THE ECONOMY OF CHINA SWIMS INTO THE QUAGMIRE OF SOCIALISM

The export sector of China has been faced with the declination while the US is launching the war against the global economic terror that is shaking China from the domestic and offshore economy. The difficulty has appeared ahead into China’s economic growth after Beijing suffered the Intercontinental Ballistic Tariffs Missile of President Donald Trump that conducts Yuan currency plunged the valuation.

China’s economy lost the essential export field pulling its economy and financial sector that affects the countries deeply involved with China, the consequence has to pay after the innocent national leaders made the mistake on the trade ties and free trade agreement with the den of thieves and the hub of counterfeit. China is like a giant loses the limb, the offshore profit is losing the control because the US holds the handle and China grabs the sharp blade of a sharp knife. The China export belongs to the world market, actually, the US’s generous consumer that deeply influenced multiple millions of Chinese jobs in the mainland. Nevertheless, the global consumer recognizes the most China products are poor quality, poison, contamination and short life, so China products have boycotted and now, the US imposes new tariffs that aggravate the worst situation.

Beijing is engaging the hardest situation, but the propaganda machine has never given up the lying manner, China’s official reported the economy grows 6.8% for the first half of 2018 during the Red dynasty faces the deep debt with $USD 23.6 trillion. Nevertheless, the US continues to launch the new tariffs impose more items on the product made in China. How could China solve the massive unemployment rate comes the export sector’s loss? The last solution is the domestic growth, but it is just China made and Chinese uses. However, the domestic market couldn’t fetch the foreign currency, actually, the US dollar needs to repay the debt and interest. Obviously, the Red dynasty sparkles the domestic spending, on July 23, 2018, Premier Li Keqiang said the government will spend 1.35 trillion Yuan ($USD 198 billion) for local government infrastructure projects. Therefore, the massive jobless is inevitable that should cost the existence of the Red dynasty and the position of Red Emperor Xi Jinping, actually, the infrastructure is the temporary solution to prevent the jobless increases.

The period of the industrial boom attracted tens of million peasants migrated to the cities because the rural area couldn’t improve the living condition. Now the golden time is gone while China companies lost the order and the foreign companies leaving to avoid the tariff, actually, the US companies return to the homeland.

The domestic employment couldn’t solve tens of million Chinese jobless in the export sector ruined. Moreover, China communist regime has no social security safety net to support the jobless. The peasants could return to the countryside, but the land has not made the profit, so the poor people couldn’t afford China made while the foreign goods are luxury, there is only the red noble class could spend the money.

The dismal panorama is going to cover China that worries the Red dynasty and Red Emperor Xi Jinping. Chinese in the mainland will return the Mao’s era, but the most Chinese people knew the world changes, so communist regime couldn’t deceive about the socialism and the communist paradise unmasked by Boris Yeltsin quoted:” The Communism was just an idea, just pie in the sky”.

The war fighting against the global economic terror that complicates the mainland and deeply affected the root of China’s economy and finance. China faces the bad to the worst situation, the crucial challenge conducts China defends aiming to the domestic market as the physical reaction, the banks to be warned using the money wisely in 2018.

The Politburo of China communist’s government promises to legalize the protection of foreign businesses operating in the mainland. Therefore, do not trust the communist talk, let’s watch they did. Australian billionaire James Packer is the bloody lesson for the foreign investment in China, Macau’s Casino Resort cost James Packer lost $USD 4.2 billion by the bush law and now his fortune shattered. The smooth policy of China that signals the low tide of revolution, but the foreign companies have not interested when the profit loses.

China falters the new tariffs of President Donald Trump, the loss of an export sector affects the middle-income earner, they are the essential component to develop China into the industrial boom. China communist’s government reviews the companies owned by the state that causes of the debt, therefore, it is too late, the corrupted system conducted the deficit.

Chinese people swam into the quagmire of socialism from 1949 to 1972, mostly, the worst situation occurred under Mao Tse Tung’s rule. Nowadays, Chinese people have returned the quagmire again, however, the situation is different from the days of yore. The economic impasse will create tens of million Chinese people out of work, the high unemployment rate is the vulnerability of China communist regime, the collapsed formula occurred from thousand years of history, now it will repeat./.