Comments by "" (@thomasherrin6798) on "Is China's economic model broken? | FT" video.

  1.  @blackknight4996  State owned enterprises are inefficient as they have increasingly used debt and not production to drive things forward which has increased the debt to GDP to 350% and counting (From various Economists, including Chinese ones), along with property restructuring, belt and road payment defaults, regional income drops, COVID lockdowns etc. These are signs that there are major bumps in the road, the C.C.P. has the power to re-allocate monies from Business and citizens as it see's fit, and I don't see any opposition to that, but at the moment, the C.C.P. seems caught between two stools on which direction it is heading (Economic or Welfare), this is further exasperated by Xi's more one directional, ideological rather than business oriented approach. China is not too big to fail, and to increase its exports means other countries'economies must lose global market share, when it looks like other countries are pushing back against that model. That's without the Demographic problem, which may leave China with a population of 500 to 650 million within 20 to 70 years (The internet does not have a matching consensus on the time frame so the minimum and maximum have been used), as of now the population renewal is at an average of 1.15, China has allowed it's citizens to make it 3, but to maintain the current population it would need to be 6 for couples of child bearing age as men outnumber women by 2 or 3 to 1 in that group!
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