Commentary China’s economy is unraveling because its economic strategies are failing. Such is the way with communists. Beijing’s primary economic strategy is to revive international trade and investment ties with the West, especially Europe. The Chinese Communist Party (CCP) sees Brussels as more compliant than Washington, which is true though even the European Commission last…
When China’s Economy Slumps, so Does Beijing’s Political Power
July 18, 2023
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Commentary China’s economy is in desperate straits. So desperate that officials in one county in Guangdong Province offered an illegal bribe to U.S. investors. Any U.S. corporate “decision maker” who brings investment, according to The Wall Street Journal, would get 10 percent of the deal’s total value. A $100 million investment by a U.S. company,…
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