THE BACKBONE OF CHINA HAS BEEN BROKEN

The global hegemonic strategy of China’s Communist Party applies to multiple fields while the innocent leaders, the love-profit businesses, the naïve investor, and the politicians in the democratic countries, actually the Western made the critical mistake with the wrong concern of trade, diplomatic relationship, and other issues. The negligent policies of trade, immigration, and economic collaboration plus the bribery tactic of the world’s largest population communist countries are targeting to control and colonize their counterparts. Mostly, China’s Communist Party applies its rapacious ambition to the two main fields:

-The military field: China expands its military operation in the region, and threatens security worldwide

-The economic field: China infiltrated the global market, actually, after joining the World Trade Organization which created an opportunity for China selling the counterfeits and the products of the stolen trademarks. China uses the money to buy foreign companies, land, farm, and agricultural products. Democratic countries fell into the trap of China, the China viral pandemic COVID-19 woke up the world when China controlled the medical supply chain, and people rushed to buy toilet paper during the pandemic outbreak. The incident exposed China’s cornered economic facilities of its counterparts. The food and agricultural products were shorted which caused the counterparts to sell important companies like meat, grain, cotton, milk, and others to China. When China controls the food supply chain, democratic countries are cornered. The left parties in democratic countries like the Democratic Party in America, the Australian Labor Party (the Australian Leninist Party), the Socialist Party in France, and others created an opportunity for China to buy their national assets and the debt trap. The counterparts deserved the easy conditions for Chinese migrants and also purchased the properties, so the pro-Beijing migrants inundated the Western, they owned the luxury properties in the best locations while the native people did not have enough money to buy, and they moved to the other places. Chinese migrants caused the housing crisis in Western, Australia, the homeless rise while Chinese migrants and overseas students have the money to pay the rent. Therefore, the global hegemonic ambition of China’s Communist Party collapsed.

The China Evergrande Group is the backbone of China’s Communist Party, the Chinese Property development company, the second largest of the mainland economy, and the financial system. The first is Alibaba, and Ant Group of billionaire Jack Ma plunged a profit during the pandemic and lost the global market plus the mainland. The Evergrande Group was founded in 1966 by Chinese tycoon Xu Jiayin, and in 2018, it became the world’s most valuable real estate company. The people know the Evergrand Group is backed by China’s Communist Party, actually, the high-ranking members of the Political Bureau are deeply involved, and help the company spread throughout China’s mainland. Evergrande Group owned 565 million square meters. The real estates empire operated the property business, the building industry enclosing the private homes and government buildings, and projects throughout at least 22 important cities like Guangzhou, Tianjin, Shenyang, Wuhan, Kunming, Chengdu, Chongqing, Nanjing, Zhengzhou, Luoyang, Changsha, Nanning, Xian, Taiyuan and Guiyang in Mainland China including Ocean Flower Island in Hainan, including the food and agriculture. Nevertheless, the Evergrande Group spread the real estate business to other countries, they collaborated with local real estate agents to sell the properties, and others including the companies.

The operation sphere of Evergrande Group also invested in the automotive industry, in 2018 had a 45% stake in electric car companies with $US 2 billion, health insurance, sports, entertainment, and financial firms. Therefore, the loss of profit built up the disaster, within two years, Evergrande Group lost $US 81 billion, and nowadays, the debt reached $US 300 billion. The China viral pandemic made in China killed the economy and ruined the financial system of the world’s largest population of the communist country. The pandemic reflects the term” the sword made in China stabbing Chinese”. Evergrande Group is the victim of tyrant Xi Jinping, and many Chinese people lost their first home buyers when Evergrande Group stopped the projects due to financial problems. Many government buildings are unfinished and abandoned. Eventually, the Evergrande Group filed for bankruptcy on August 17, 2023, based on Chapter 15 protection in New York. The lenders seek liquidation, they can seize the properties, and the banking accounts of the bankrupt company. How about the properties in China? The consequences are inevitable after the giant company, the backbone of China’s Communist Party, broke. The disaster affected China’s mainland, China’s communist government, and overseas. The Wall Street Stock Exchange received the bad news, actually, the investors, and companies related to Evergrande Group. After filing the bankruptcy, the world shook, the global media released that news, and predicted the worst is coming. Corrupt politicians like Joe Biden and other henchmen of China shouldn’t ignore the bankruptcy of Evergrande Group.

Certainly, the bankruptcy of Evergrande Group deeply affects the global hegemony strategy of China. Actually, the Belt-Road Initiative doubled the costs after the pandemic, the illegal artificial islands built and militarized into the deputed waters that burden the budget of Beijing. Nevertheless, the mouthpiece’s intimidation to invade Taiwan pushes the current tension in the region, and China faces the hostility of the neighboring countries. China’s Communist Party sowed the wind and then reap the whirlwind. The bankruptcy of Evergrande Group will lead to the chain of collapse while the natural disasters currently visit the hell of a communist paradise, actually, the Three Gorges Dam can collapse anytime. China’s Communist Party learns the cause and effect after more than 7 decades to build the Red Empire based on bloodshed, terror, and impoverishment. The atheists in China killed a hundred million people, destroyed pollution, and created global tension. The world, including Chinese people living on the mainland, want to end the ruthless regime and the aggressive communist party is the enemy of the people, nature, and the environment. The bankruptcy of Evergrande Group proved China’s Communist regime is like a giant with feet of clay. The cancer of socialism silently grew in China, now in the terminal stage. Whatever, the foreign investors rush to get out from the land of disaster as soon as possible/.

(thedawnmedia.com)