Posts Tagged By Bret Stephens

Opinion | Is China Heading for Crisis? – by Bret Stephens – The New York Times

“In 2001, Gordon Chang, an American lawyer who had spent many years in Hong Kong and Shanghai, published a book forebodingly titled “The Coming Collapse of China.” At the time, the thesis seemed improbable, if not preposterous.

It looks a great deal less improbable now.

China — or, rather, the Chinese regime — is in trouble. Tuesday’s gigantic parade in Beijing to celebrate the 70th anniversary of the People’s Republic looked like something out of the late Brezhnev era: endless military pomp and gray old men. Hong Kong is in its fourth straight month of protests, marked and stained by this week’s shooting of an unarmed teenage demonstrator. The Chinese economy is growing at its slowest rate in 27 years, even when going by the overstated official figures.

Meantime, capital is fleeing China — an estimated $1.2 trillion in the past decade — while foreign investors sour on Chinese markets. Beijing’s loudly touted Belt-and-Road initiative looks increasingly like a swamp of corruption, malinvestment and bad debt. Its retaliatory options in the face of Donald Trump’s trade war are bad and few. And General Secretary Xi Jinping has created a cult-of-personality dictatorship in a style unseen since Mao Zedong, China’s last disastrous emperor.

Remember the “Chinese Dream” — Xi’s vision of China as a modern, powerful, and “moderately well-off” state? Forget it. The current task for Chinese leadership is to avoid a full-blown nightmare of international isolation, economic decline, and domestic revolt.”

Source: Opinion | Is China Heading for Crisis? – The New York Times

David Lindsay Jr.
Hamden, CT | NYT Comment
Bret writes well, but doesn’t seem to know much about China. In reading the comments, I am reminded that most Chinese do not care about democracy, but getting out of poverty, and they are pleased with their government.
One astute writer this summer, pointed out that China doesn’t need Hong Kong’s market anymore. The Chinese market makes China independent financially from Hong Kong. That writer suggested that the dissidents of Hong Kong are doomed. I am impressed that the CCP has announced a $500 billion push over the next five years into solar and sustainable energy. They have announced that all cars will be electric by 2030, and now have 42 companies making electric cars. The News Hour showed last night that you have to join a lottery to get a automoblie license, and it getting harder and harder to get a license for gas vehicles.
A Vietnamese professor teaching at a universtiy in the USA, recently reported that the top government officials of Vietnam have been bought out by the Chinese CCP, and are quietly not fighting China’s take over of the South China Sea. There is a question among my friends about whether a democracy like the United States, is capable of dealing with the existencial threat of the climate crisis.
If the oil and gas companies continue to control our politics for their short term profit, we might be the biggest threat to our own future.
David Lindsay Jr. is the author of “The Tay Son Rebellion” and blogs at InconvenientNews.net.

Posted in: China, David Lindsay, Hong Kong

Leave a Comment (0) →

Opinion | The Real China Challenge: Managing Its Decline – The New York Times

Bret Stephens

By Bret Stephens

Opinion Columnist

Sculptures on the campus of the Alibaba Group in Hangzhou, China.CreditCreditBryan Denton for The New York Times

“In 2009, The Economist wrote about an up-and-coming global power: Brazil. Its economy, the magazine suggested, would soon overtake that of France or the U.K. as the world’s fifth largest. São Paulo would be the world’s fifth-richest city. Vast new reserves of offshore oil would provide an added boost, complemented by the country’s robust and sophisticated manufacturing sector.

To illustrate the point, the magazine’s cover featured a picture of Rio de Janeiro’s “Christ the Redeemer” statue taking off from its mountaintop as if it were a rocket.

The rocket never reached orbit. Brazil’s economy is now limping its way out of the worst recession in its history. The murder rate — 175 people per day in 2017 — is at a record high. One former president is in jail, another was impeached. The incoming president is an admirer of the country’s old military dictatorship, only he thinks it should have killed the people it tortured.

Those whom the gods wish to destroy, they first tout as countries of the future.

I thought about The Economist story while reading a deeply reported and thought-provoking series in The Times about another country of the future: China. The phrase “rise of China” has now become so commonplace that we treat it more as a fact of nature than as a prediction of a very familiar sort — one made erroneously about the Soviet Union in the 1950s and ’60s; about Japan in the ’70s and ’80s; and about the European Union in the ’90s and ’00s.”

Source: Opinion | The Real China Challenge: Managing Its Decline – The New York Times

David Lindsay:

Bret Stephens, as my father liked to say, you’re not as dumb as you look.  Thank you for another terrific, mind-bending piece.

I hope your are right, but fear you are wrong. The Chinese appear to be preparing for the future, fighting for our lives and the lives of our grand children against climate change, better than the United States, which is deeply troubling. You do not appear to understand that climate change is rapidly becoming a crisis. Humans are putting 110 million metric tons of carbon dioxide into the atmosphere every What.

Take a guess. Every year, month, week, day or hour. Take a guess.

Unfortunately the answer is daily. No wonder the coral and the shellfish are dying all over the oceans. Scientist who study the sixth extinction predict gloomily, that not only are we humans the cause of the sixth extinction, but we will be one of the myriad species that fails during it.

David Lindsay Jr. has written and performs a folk music concert and sing-a-long about Climate Change and the Sixth Extinction.

Posted in: China, David Lindsay, Decline and Renaissanace, The Sixth Extinction of Species

Leave a Comment (0) →