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In one of the less-publicized strategies that Donald Trump initiated and Joe Biden continued, America has been pulling back from China (with a few notable exceptions) and re-shoring or “friend-shoring” manufacturing. This is part of the effort to isolate China from the global sphere, and China, for its part, seems to be a willing accomplice, clearly desiring to elevate itself over — and separate itself from — America. They don’t call us the Great Satan, but that’s how it feels.
China has a host of problems:
1) Sliding into deflation, non-recovery from COVID, slow growth, consumption down, imports and exports dropping by double digits, new car sales went negative and never recovered, : https://www.youtube.com/watch?v=A9-wfHgjTB8
2) Demographic collapse and rapid increase of Chinese labor costs: https://www.youtube.com/watch?v=kBMSZ7v3KxQ&t=61s
3) American capital pulling out: https://www.youtube.com/watch?v=ovvQdCmnCLo
4) Youth and other employment issues: https://www.youtube.com/watch?v=lhVU6Gi9OX4
And now, as if all that weren’t enough, America’s warrior diplomate, current ambassador to Japan and former mayor of ungovernable Chicago, Rahm Emanuel, has decided to attack China. Most of Biden’s cronies are supportive of China, Rahm is poking the panda bear by pointing out the disappearances of senior ChiCom politicians:
Audaces fortuna iuvat
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