Xi Jinping’s Diary: 10 Steps to destroy China
Chinese Communist Party General Secretary, Xi Jinping seems to be taking China backward during the last 12 months.
Xi Jinping’s 12 Diary for the last 12 months
- Alienated most countries through fake information on Coronavirus
- Got a few soldiers killed vs India, first time soldiers dead at border since 1979
- Got all Chinese Apps banned in India. Go all Chinese power and telecom equipments banned from India
- Tighten the screws on Hong Kong and make it extremely difficult for Democracy in Hong Kong
- Began driving away foreign investors from China, Japanese ones to start with
- Spat with America, Canada on Arrests and Hong Kong
- Spat with United Kingdom on Hong Kong
- Trade Wars against Australia and America
- Spat with Russia on Border
- Spats with numerous neighbours in South China sea
Xi Xinping’s Diary from 2013 to 2019
- Became Never Ending President: Got the National People’ Congress to allow him to be President for life and instead of naming a successor to himself, consolidated his power in the party. As we had written earlier, Xi Jinping was struggling on performance
- Slowed down the economy. China’s per capita grew 3 fold between 2006 and 2012 but by just 0.5 times between 2012 and 2018 under Xi Jinping. An example is automobile sales which were 7.3m in 2006, went up to 19.3m in 2012. That is a jump of 12 m in 6 years. However, between 2012 and 2018, it went up a meagre 4 million.
- Repressed Minorities, While China was always seen as repressing Muslims and Tibetans, the Government under Xi Jinping took domestic unrest to another level. First, since 2017, in Xinjiang, hundreds of thousands of Uighurs have been detained in re-education camps.
- BRI Failure: China’s overseas investment growth is in decline, peaking at 49.3% year-on-year growth in 2016 and then falling by 19% in 2017 and another 10% in 2018. Moody’s estimated that investments are likely to remain at the same level are go down even further in the next few years
Xi Xinping’s regime has fundamentally reversed the direction of China to a version of China that existed before Deng Xiaoping. That was not anyone’s favourite country. While the Chinese economy is showing some signs of recovery, to expect it to grow at even 6% in the next 3-5 years will be a little too much. Tough life ahead for Mr Xi Xinping
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