The main role of the Central Intelligence Agency with its US$ 38 billion annual budget at that time was to keep an eye on the USSR. Along with all the innumerable 'experts' in 'Think Tanks', media, US State Department, The White House, The Pentagon the CIA was caught by surprise, when on 26 Dec 1991, the empire called Soviet Union dissolved into 15 Republics. This at a time when experts claimed that the USSR as extremely powerful, was extremely powerful. None of them even had an inkling as to the likely-hood of the collapse of the USSR.
I mention the Soviet Union collapse, so readers can get a perspective on the reliability of so called 'experts' on China.
Nothing about China is as it seems. The opacity of the Communist Party of China's rule of China and its adroitness in concealing information to mislead the world and its own people is legendary. With the narrative brought to us by 'experts' confined to their narrow disciplines and specialities makes understanding China indeed very challenging. One should not be taken in by propaganda and biased media reports, but study and verify the underlying facts, if one really wants to know the truth. We must always remember to 'Trust but verify'.
Hate blinds us to virtue and love blinds us to flaws. China too has its haters and lovers. Lovers it has aplenty, because many politicians, financiers, media, universities and government servants are busy in bed with CCP. They toe the CCP line of propaganda, implement their strategy and follow the diktats of their CCP benefactors all the time.
The CCP has so brilliantly compromised most levers of power across the world, by using a mixture of bribery, blackmail and life threats, that it would make a blockbuster fictional crime story pale in comparison.
Now as dark clouds gather on the horizon, many of these powerful but compromised entities, lobbies and interest groups are busy convincing their constituencies, governments and the public, of the need to be respectful, to cooperate, in fact submit to China. Not because this is right, because they want to protect themselves and their interests.
The Guru Wonder article China, a country on steroids explains the gigantic quantum and sources of finance that fuelled China's rapid growth.
In an upcoming multi part series I will cover,
What are the other key parameters that have driven China's remarkable perceived rise.
Chinese fault lines, and the convergence of very powerful hostile forces against China.
Share with readers information and analysis covering economics, finance, politics, technology, governance demographics, and military factors concerning China, indicating the ominous trends the fragility and the hollowness of China's power.
The imminent collapse of the China's CCP regime will cause great disturbance to the world, but will create great opportunities to build a better world. Those countries and organisations who prepare themselves for this tectonic shift will benefit the most.
It is relevant to remember that,
Even a Sun expands and burns brightest, just before it collapses.
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Interesting links:
China's 'Three Warfares' in perspective - War on the rocks.
The end of the Chinese miracle - Financial Times Features
Steve Bannon's Warning On China Trade War (w/ Kyle Bass) - Real Vision Finance
China, a country on steroids - Guru Wonder