| Xi is losing it everywhere; - internal purging of military senior officials. 5 out of the 7 senior officials are now missing in action. https://www.newsweek.com/china-defence-minister-li-shangfu-m.... Very similar to Mao Zedong's purging of his generals https://www.hoover.org/research/lin-biao-incident-and-people.... China has had to transfer generals from airforce and army to head up missile force, because so many generals in the missile forces were purged. - Xi Jing Ping was privately scalded by party elders during the recent party summit Beidaihe. There's an internal unrest and struggle occurring - china's export drop 4th straight month https://www.nytimes.com/2023/09/06/business/china-exports-au... - the great flooding of northeast farmland this summer wiped out 1/3 of China's grain production. in order to mitigate the flooding of Beijing, they instead flooded provinces next to Beijing, which incidentally housed many military forces. Those forces were destroyed without warning. - another big real estate developer, sunac, filed for bankruptcy https://www.cnn.com/2023/09/19/economy/china-sunac-ny-bankru.... - the Hangzhou asian games was a massive failure, attended by no major heads from developed countries. Cost $30 billion, while its local governments are so desperate for money, they are raiding temples - marriages in China in 2022 are down 10% from 2021, lowest record since 1986. https://www.cnn.com/2023/06/12/china/china-marriages-record-... - Huawei homegrown chips was a nothing burger. iPhones were sold out in seconds online. Full Apple Store crowds. Very empty Huawei stores. People didn't like the overheated mate 60, or the broken software. In short, political, economic, demographic, and tech collapse in China. |
Huawei seems to be doing well domestically somehow. Way too many store front that aren't too busy.. But they have their own car brand now that seems to be selling well. I'd say half the cars in the street were some domestic electric car brand. I'd guess gasoline cars will be phased out soon
I kept reading about how devastated the country was by the pandemic - but what I saw was a ton of progress. Talking to locals though, they didn't seem to really percieve the difference :)