Yes China has a big problem. See my new post, they are cutting or eliminating subsidies in wind & solar power generation, & on electric cars, among other economies.

Expect some of the more enlightened countries around the world, well at least those less corrupted to follow the lead of china & or Trump.

Not here of course, if Labor do win. They will have so many they have to pay off with subsidies & contracts, that we will be trillions poorer from their corruption before many people actually do wake up.

We never gave this thread is deserved interest
Yes China has used its money like confetti.
And yes it is heading for very real trouble
But we may suffer far more than financially because of its self made troubles
China wants to be the biggest world power
Maybe the only world power
The subject deserved more

http://www.smh.com.au/world/asia/in-his-trade-war-with-china-donald-trump-has-secret-allies-20190114-p50rcq.html
Do not take China for granted
Economically or its intentions as a armed super power
In a world now thriving on division, this country is playing chess with us and we look the other way

Belly,

Your comparison with the situation in Japan prior to Dec 1941 is very apt. As Japan was being punished for its territorial adventurism by sanctions from the US, particularly oil sanctions, and because their alternative was to take the Philippines (a US protectorate) and their oil fields, Pearl harbour was intended to head off a US military response. Similarly, China has embarked on territorial adventurism on a smaller scale, but in doing so has managed to piss off most of its neighbours.

If China's economy implodes, the chinese tolerance for the communist yolk is likely to give way to a deep resentment and a common way to divert attention from corrupt and incompetent governance is to stoke the nationalism in the populace with a few skirmishes. These skirmishes could quite easily blow up.