‘Made in China 2025’ is a scheme, ‘Chinese economic virus’ spreading globally

In recent years, we have seen serious issues emerging in China's economy, the collapse of the real estate market, the local government debt crisis, rising unemployment, wage cuts, and layoffs. The Chinese public is generally pessimistic about the economic outlook, tightening their budgets and hesitating to spend. Many economists have proposed measures for China, with the main suggestion being to enhance its social security system. This would ensure that people have somewhere to be cared for in old age, have the means to pay for treatment when ill, and receive universal health insurance. This would provide people with a sense of security for the future, and once they feel secure, they will spend more, thereby stimulating consumption, boosting production, which would then foster employment, enabling the economy to return to a healthy development cycle. However, Xi Jinping believes that the government cannot provide welfare to support freeloaders. On the surface, it may appear that Xi wants the Chinese people to uphold a resilient spirit of struggle. But in reality, there may be a larger scheme behind this. You know, I don't like spreading conspiracy theories, but I think there is a calculated strategy here in China that requires thorough analysis with everyone. Simply put, when people lack a sense of security for the future, they must fiercely compete in the present to make money, leading to negative labor competition, which reduces production costs. Thus, China can produce more cheap goods and export them globally, bringing in foreign exchange. China can achieve a trade surplus and profit. In other words, China has created a type of virus through its low-welfare system. This virus is the low-labor-cost virus. It spreads through the global supply chain and ultimately infects the world. The result of this infection is the weakening of other countries' manufacturing industries, the shrinking of the middle class, the loss of jobs in the industrial sector, and societal instability and decline. This may be China's plan. In this way, it can disrupt the order of many nations. As everyone knows, there are three main methods to control infectious diseases. First, control the source of infection. Second, cut off transmission routes. And third, protect vulnerable individuals. We will discuss these three methods in the context of the economic virus that China exports to the world and see how it operates or is implemented. In 2014, China proposed the concept of Made in China 2025. China had indeed become a major manufacturing country after joining the WTO. At that time, most of the industrial products sold on the international market were made in China. When I lived in the US, at Walmart, Target, Best Buy, or many other places, almost anything you bought was made in China. However, China's manufacturing sector still depended on foreign equipment and systems, mainly relying on processing. Many high technologies were merely copied from others, so China's innovation and branding capabilities remained low. China did not have a complete production system, and many critical pieces of equipment and technology were still held by other countries. China became a major manufacturing country mainly due to its cheap labor advantage. Thus, at that time, China was a large manufacturing country, but not a strong one. The clearest example came in 2016, when Premier Li Keqiang pointed out during a discussion that mainland China could not even produce ballpoint pen tips. In 2014, China introduced the concept of Made in China 2025. What happened next may be known to everyone. Made in China 2025 led to the trade war between China and the US. In 2014, there was Made in China 2025, and in 2016, when Donald Trump ran for president, he attacked this program, leading to a trade war between China and the US. Additionally, a program related to Made in China 2025, called the Thousand Talents Plan, sought to attract talent from abroad to serve China. However, this Thousand Talents Plan later became the target of foreign intelligence agencies, resulting in the arrest of technology spies listed in the program. Consequently, Made in China 2025 sparked a trade war, and the Thousand Talents Plan led to spy arrests. Eventually, China banned the media from promoting Made in China 2025. Although China prohibited publicizing this program, it continues to progress, albeit with a softened tone. Then in 2019, the COVID-19 pandemic broke out, and during this period, Xi Jinping saw an opportunity. In 2020, many countries imposed lockdowns, forcing their production systems to shut down, resulting in disruptions to the global supply chain. At that time, because China was a major manufacturing nation, China's exports surged, becoming a main supply source for the world market, helping curb inflation. Therefore, in 2020 and 2021, China had a large trade surplus and exported many products. Other countries, due to factory closures, struggled to compete with China, and their dependence on Chinese products made it increasingly difficult to separate from and cut ties with China. This led Xi Jinping to feel that if he could control the manufacturing industry, he could also control other governments, making them wary of opposing him. However, in 2022, there was a major turnaround, a reversal of the situation. In 2022, China itself began lockdowns, severely impacting its manufacturing sector. Then, due to the lockdowns, China's real estate market began to decline. From the explosive recovery in 2021, by 2022, the real estate market began to falter. This led to a local government debt crisis, and China fell into an economic crisis. Whether or not China admits to this economic crisis, we can clearly see that Chinese people are now afraid to spend. Retail sales are declining, and personal income tax receipts are also decreasing, indicating that their income is dropping. Faced with this economic crisis, many economists have suggested that China should strengthen its social security system to ensure that people can be supported even without money, guaranteeing that even the poor have housing, and that hospitals do not dare to turn people away when they cannot afford medical bills. This would give people the confidence to spend, stimulating consumption, which would, in turn, drive production, create jobs, and allow China's economy to return to a healthy development cycle. However, Xi Jinping has consistently stated that the government cannot provide welfare to support freeloaders, and that, in short, there will be no social welfare policies like this. In reality, China has its own calculations, which is to use this approach to lower labor costs, and once labor costs decrease, China can export cheap goods globally. The quantity of goods produced by China far exceeds domestic demand. The Chinese regime's motive is simple. Its goal is to destroy foreign economies that compete with it. China has no concern for the welfare of its people. Any economy can face crises. Even capitalist countries experience cyclical economic crises, much like people who get colds and suffer minor illnesses from time to time. Every economy, like humans, has the potential to get sick, displaying symptoms like colds, fevers, and discomfort. The important issue is how to bring the economy back on track and find solutions. In China's case, everything is more complicated and frightening because China's economic issues are toxic. China's economic virus not only harms China, but also poisons the world. He cited data showing that products manufactured in China account for 30% of global production, while China's consumption demand only accounts for 13%. This means that if you need 13 products but produce 30, what do you do with the 17 excess? They are massively exported worldwide at low prices, resulting in China's infamous overcapacity problem. The fact that China exports cheap products has indeed posed a serious threat to the US, and not only the US, but also the EU, Japan, and Australia, all of which feel the threat from China's low-priced exports. Even in the US, we can feel it. Whether it's on Shane or Temu, we see cheap Chinese products. For example, a nice pair of leather shoes costs less than $10 or about $10. When you see such cheap products, you won't want to buy American-made leather shoes because American-made leather shoes can cost over $100, maybe even $200. Therefore, China's cheap products, born from overcapacity, act like a virus spreading worldwide, with the result being the collapse of global manufacturing and the plight of industrial workers in other countries who face unemployment. People know that industrial workers in traditional countries are the middle class. Their decline means the decline of the middle class. The middle class's decline will lead to serious social issues. You see that currently, the US is experiencing fierce disputes between the left and right. One important reason for this polarization is the decline of the American middle class. In 1971, the middle class accounted for 60% of the US population. The social structure was like an olive shape, with very few wealthy and poor people, while most were in the middle class. As a result, society was quite stable. The middle class wanted stability, worked hard to create wealth, and ensured a stable life for themselves and their families. But as the middle class began to shrink, you can imagine the number of people slipping down. How many will become millionaires? Only a very small portion. The rest will fall to the lower strata of society, becoming poor, even extremely poor. Today, the middle class in the US has shrunk from 60% in 1971 to below 50%. Only 38% of American adults believe they are part of the middle class. When they no longer feel they belong to the middle class, how will they feel? Most will feel poor. This will lead to dissatisfaction with society. The support for Donald Trump is not merely a coincidence or simply a result of populism. In reality, when a large number of people fall from the middle class to the ranks of the poor or extremely poor, they will seek change. Some hope America can return to isolationism, as they realize their jobs have been taken by China. China has taken our jobs, so they hope to return to isolationism. Others want to implement communism. Why are we so poor when they are so rich? We should share wealth with them. Therefore, as the middle class declines, the polarization between the right and left in the US has become extremely intense, with one part moving towards the far right and another towards the far left. So, we must understand that the current economic instability in the US is not just an ideological issue. It is closely related to the decline of the American middle class due to China's low-priced exports. In fact, if the middle class in other countries declines, nations begin to fall into instability, and the economy enters a recession, the people in those countries will lose their ability to consume. At that time, even if China exports low-priced products to other countries, other countries will not have the means to buy them, and no one can afford to buy them. Thus, this process we described is identical to the spread of a virus. China does not care if other countries buy its cheap products. As long as they make other countries weaker, worse off than them, or even worse than they are, China is satisfied. Therefore, we can almost be sure of one thing. China will absolutely not strengthen social welfare and will not stop exporting cheap products to other countries. So what can be done? Everyone knows that there are three ways to control an epidemic. The first is to control the source of infection. The second is to cut off transmission routes. And the third is to protect vulnerable individuals. Controlling the source of infection means that China no longer produces low-cost products. Why are there cheap products? Because China maintains a competitive advantage by reducing welfare and violating human rights. Controlling the source of infection means requiring China to improve its welfare for its people and raise human rights standards in China. Otherwise, when China has low levels of human rights and environmental protection, it creates an unfair competitive advantage. This is the meaning of controlling the source of infection. That is, making China a free society that values human rights or becoming a responsible government that strengthens social welfare. The route-blocking measure taken by the US and Europe involves decoupling the supply chain from China. Because China's cheap goods are exported worldwide through international trade, if Europe and the US do not buy Chinese goods, this is one way to cut off the transmission route. The third way is to protect vulnerable individuals. This means that countries must increase import tariffs. Currently, Donald Trump has stated he wants to raise tariffs and other countries will gradually follow suit. This is the only proactive way for countries to protect themselves, the only way to avoid China dumping its products. Please leave your comments below to let us know your view. If you find this video useful, please support us with a subscribe, a like, and a comment to help us improve this channel. 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