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The Forum > General Discussion > The rise and fall of China

The rise and fall of China

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Any Nation that rules its citizens with violence will ultimately fall,
Josephus,
Some nations have a problem with indisciplined citizens & the way to deal with them is harsher discipline which the indisciplined refer to as violent !
Posted by individual, Thursday, 16 September 2021 12:14:17 PM
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I agree with ttbn on this one. The situation with China, because of economic interdependence, makes it vastly different to the Cold War with the Soviet Union.
Posted by Chris Lewis, Friday, 17 September 2021 11:45:14 AM
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"Iron ore with 63.5% iron content for delivery to Tianjin fell further to almost $110 a tonne, less than a half of a record high of $230 hit in May and the lowest level since August 2020 after China, the world’s biggest steelmaker doubled down on production curbs and as a sharp downturn in China’s property sector brought down the demand. The Chinese city of Handan became the latest region to implement restrictions on steel output after provinces of Anhui, Gansu, Fujian, Jiangsu, Jiangxi, Shandong, and Yunnan were told to limit their production to 2020 volumes amid China’s efforts to curb carbon emissions. Meanwhile, home sales in China slumped 20%, according to Bloomberg calculation, and one of the biggest property developers Evergrande is on the brink of default."

The property development industry in China which until recently constituted up to 30% of GDP and the major consumer of steel is in serious trouble with 50m unoccupied apartments almost entire cities empty and the property prices starting to fall. Nearly every property developer is either bankrupt or close to default.

The Shanghai stock market is dropping daily and the major banks being obliged to lend money to CCP owned property developers are now looking at vast swathes of bad debt.

The Chinese dragon is looking a little hollow.
Posted by shadowminister, Monday, 20 September 2021 9:15:37 AM
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There is now a fear that China in order to take attention away from its internal troubles may try to invade Taiwan.

A show of force might be needed to stop a tragedy.
Posted by shadowminister, Wednesday, 6 October 2021 4:39:25 AM
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