Burning the Economy for Glory: Xi Sacrifices China on the Altar of Control | Digging into China

The CCP's Fourth Plenum communiqué reaffirms Xi Jinping's "new quality productive forces" and domestic circulation, signaling his firm political control but a misguided economic path echoing the Soviet Union's fatal Star Wars program. Like Reagan's SDI, which drained Soviet resources into unviable high-tech arms, Xi's push for AI, biotech, and EVs fosters overcapacity, waste, and resource misallocation amid collapsing real estate and debt crises. Fudged exports and populist fantasies mask policy failures blamed on Western encirclement.

Beneath the rigid power structure—unlike Soviet institutional decay—Xi faces bureaucratic resistance, fueling endless purges and a pivot to "security" legitimacy (mentioned 18 times). Uncertainty ties to his "two establishments," while vague livelihood pledges enable local extortion of private firms. Ultimately, Xi sacrifices China's economic base to sustain his authority, burning the nation's future in a deepening pit of chaos.

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