I think it's vital, at this point, to consider the distinct possibility that "China wins" is the default global outcome when considering what kind of country the US should be politically & economically. If you don't like communism *or* you don't like ethnostates, that matters
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AFAICT, it's only a bit less communist than it looks & quite a lot more interested in ethnic supremacy. I don't think it's a country most westerners would want to live in. How hawkish it is now & how hawkish it'd be if indisputably the most powerful state on the planet is a big ?
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The coming (huge) demographic crunch is really going to put that to the test. Rapid growth makes any political equilibrium stable. They might be in for a hard landing with much slow growth, and that might change the plans of those now at the top.
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To win, though, China needs to get to pt where 3rd party trade is done in RMB & RMB is seen as global risk-free. To get that means opening the capital a/c, which creates the risk of massive cap flight. Huge weakness remains in Chinese model.
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I think that would be proof of the win, but that the win can most definitely functionally occur prior to that
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I think you're right in that they're one of the few playing the long game strategically. But the very public strong-arming over a 7 word tweet put the issue front and center and it pissed a lot of people off. They're skating on thin ice.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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But it seems unethical corporations is not China's exclusive feature...
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That is not even close to the thing that I said or implied
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