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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "How Xi Jinping’s authoritarianism is killing China’s economy | Business Beyond" video.
Xi has killed the "Golden Goose" He has moved the country away from a market economy and back to a planned economy with government owned businesses. Unemployment is rising. Property developers are bankrupt. Banks are running out of money. Local governments are broke. The lockdowns caused many small and medium businesses to go bankrupt. Empty shipping containers are pilling up at the ports. Foreign companies and foreign investors have left for friendlier countries. The risks in China are too high. Wolf warrior policies have made enemies of the people, their neighbors and the rest of the world.
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Xi has been in power for more than 10 years. His policies have caused the decline in the economy. His next 5 years will finish the job of destroying the economy. He is truly a dictator thrusting his people into poverty. He has made enemies of his own people, his neighboring countries and the world. China will continue its decline as long as he is in power. His ambitions and world views are hostile to others.
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