China is not letting the housing overcapacity fester.
China is trying to solve the problem by discouraging further investments
in real estate and shifting focus to other growth areas. And that is
rattling the West, knowing that China is well aware of the issues
plaguing the property market and will not make China collapse as they
are hoping for, which Japan and the USA ignored during the mortgage
crisis that almost toppled the 'too big to fail conglomerates'.
Taxpayers were made to bail them out and taxpayers were made to pay for
those mistakes.
Shifting of more resources to new growth areas
means more competition in niche areas moving forward, which will further
erode the domination of the West. Suffice to say, there are only a few
niche areas that the West still managed to dominate, namely
semiconductors, aviation, weapon sales, propaganda generation and lying,
cheating and stealing.
China is wise to let social media deal
with anti-China propaganda issues, with foreign vloggers visiting China
doing their part. China is just helping foreign vloggers do their job of
countering Western propaganda more easily by giving visa-free travel to
selected countries. They are entering China in droves, and most are
interested in seeing for themselves the non-existent concentration camps
built in the air by Western MSM. These vloggers are also dismantling
the Western warped view of China by showcasing China's high-speed
railway system, state of the art airports, ports, railway stations and
the still beautiful, well maintained and clean tourist attractions.
Anonymous
1 comment:
Many African countries are sending students to study in Chinese universities, which is a great positive sign for China.
These students have seen China in all its glory, have their mindsets about China have been debunked by what they actually see as compared to the propaganda. These students may finish their education in China but may return to their own country to run the Government and important business establishments with the Chinese mindset of wanting progress in peace rather than being proxies used by the USA and the Whites for war and destruction.
China's university fee subsidies for these students in Chinese universities are going to pay dividends in the long run.
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