Many of us view China as an unbeatable Leviathan. It might be more accurate, though, to call it a Goliath. Despite the strength it’s projecting into all four corners of the globe, it has serious systemic weaknesses, meaning that well-aimed pressure can topple it.
Sunday is my catch-up day, which is why I only now saw a Gordon Chang article from early April addressing China’s weaknesses. Two weeks’ time, though, hasn’t made what Chang wrote stale. Instead, it’s as appropriate now as it was when it was first published.
Chang points out that, while China looks like the Borg (perfectly integrated and overwhelmingly strong), it has serious problems that the West can exploit. This means that, when Mark Milley, the quisling Chairman of the Joint Chiefs of Staff, mournfully says that there’s nothing we can do about China’s growing nuclear program, he’s just wrong. (Of course, when it comes to Milley, don’t forget that he promised to give China a heads up if Trump decided to act against it. In other words, it’s not clear where his allegiance lies).
Image: Vacant property in China. YouTube screen grab.
In fact, China has several problems that mean its cash flow is more limited than most people realize:..............To Read More....
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