The CCP’s economy is about to collapse. In order to attract investment, Xi Jinping lowered his dignity, groveled, ate at the main table, poured wine himself, and kept a smile on his face. He only paid 24,000.
A key source from China reports that Xi Jinping has formally asked US President Joe Biden to arrange an emergency $900 billion bailout for the Chinese economy. That specific detail could not be confirmed, but it is consistent with a sudden and urgent move aimed at stemming Beijing’s belligerence toward the United States and insisting that the two countries can be friends and partners. The article specifically mentioned that the leak of this information came from within the CCP.
Copley said that without an injection of nearly $1 trillion, China’s real estate market and other markets will completely collapse. In fact, even with such investment, mainland China’s real estate market and overall economy are still likely to continue to decline.
Strategic analyst and historian Gregory R. Copley wrote an article on the Oilprice.com website on November 21, breaking the news that despite the severe economic crisis in China since 2015, Xi Jinping has taken almost no measures to solve this problem.
The article points out that Xi Jinping now clearly realizes that he is facing the end of his rule and has turned to US President Joe Biden to save him. Concrete reports are emerging about the drive that prompted Xi Jinping to “kowtow” to Biden at the November 13-17 Asia-Pacific Economic Cooperation (APEC) summit in San Francisco.
Beijing began its charm offensive against the United States at least two weeks before the summit. Beijing had previously claimed it was hesitant about whether the summit would take place, but the start of a charm offensive was an important indicator of Xi’s level of desperation and his increasingly erratic behavior.
Although China’s economic crisis has become severe and intense since at least 2015, Xi Jinping has done little to contain or correct it. Then, almost at the same time as it launched its charm offensive against the United States, Xi Jinping’s government began to “grovel” and plead with Biden to urgently arrange a $900 billion bailout.
2023-11-23 00:57:15
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