Watters World - May 3, 2020, SaturdayPeter Zeihan, a guest on Watters World last night (starting 26 minutes into the video) says that the rise of globalism, with the full participation of the United States, is the only reason China was ever able to become a world power.
And that China's collapse was always inevitable, but that the current Coronavirus outbreak has overnight turned global sentiment against China, and predicts that China (or at least its communist government) will collapse within the next 3 to 4 years)
That China is very reliant on foreign trade, and lacks the navy to protect its trade.
China has intensely pissed off over 181 nations, by their open negligence and deliberate release of the virus, by:
1) restricting air travel inside of China during the Covid-19 pandemic, but
purposefully allowed travel out of China to infect other nations worldwide.
and
2) China suspiciously filed a patent for
remdesivir as a treatment for Covid-19 in
January 2020 just before they announced to the world that the Covid-19 virus was highly contagious human-to-human. Clearly planning to to profit off the misfortune China unleashed on the rest of the world.
3) Also in January, China pre-emptively bought up most of the world's medical supplies, that other nations needed to fight Covid-19, and then China price gouged at far higher prices selling PPE medical supplies to other nations, to further exploit the misery that China itself created.
Whether purposefully or accidentally created, China deliberately orchestrated spread outside China, and used the World Health Organization (WHO) to assure global complacency to do so. It appears initially an accidental outbreak within China, but the deliberately suppressed warnings, silencing the WHO to enable its spread outside of China, amounts to a global weaponization for China's benefit of what began as an accidental domestic outbreak.
Germany already sent China an itemized bill for the lives and economic damage done to their country.
Many countries, including the U.S., Japan, Germany and others, are in the process of moving their manufacturing out of China and either back to their home countries, or to other nations outside of China. In addition to the economic losses from the outbreak in China, this will insure that China continues to decline and does not recoup their losses.
China also forces companies operating in China to give up industrial trade secrets to the Chinese government, then creates new Chinese companies with those secrets to compete and drive the companies out of business.
China also angages in cyber-theft, that further steals about $600 billion a year from the U.S. alone, and hundreds of billions more from other nations and private companies worldwide. China spends very little on research and development, they just steal the reseach from other nations.
All these things were creating an increasing distaste for doing business in China. And the Covid-19 outbreak is the final straw that will accellerate the exodus of business out of China. To the economic benefit of the U.S., Mexico, India, Vietnam, Laos, Cambodia, Indonesia, Malaysia and the Phillipines.
Another nice benefit will be that China will have far less new revenue to spend on expanding its military. And that the nations who take the business from China will have more to spend
on their militaries, to resist and deter further Chinese aggression.
I don't know if the 3 or 4 year timeframe for a Chinese collapse is an accurate timeframe. But it parallels a prediction of Chinese collapse that Gordon Chang has been predicting since at least 2001. For nations in the South China Sea, I think that collapse can't happen fast enough.
Predictably, the attempts by China to sell a propaganda narrtive that the U.S. and not China is responsible for the outbreak is convincing no other nations, and is truly intended for internal persuasion of Chinese citizens, to rally anti-Americanism as a way to prevent the fraying support within for the Chinese Communist Party government. I'm not sure that message is even selling within China. But as with the 8 Wuhan doctors who tried to warn the world of the Covid-19 outbreak, to publicly dissent could get Chinese citizens arrested or killed if openly expressed. But social media within China made clear that residents didn't believe the official state version of events, or believe the Covid-19 infection and death numbers, and that Chinese citizens were furious with their government for the outbreak and that lack of credible facts reported.
Projections of the actual numbers of Covid-19 infections begins at a low estimate of 45,000 dead, and 2.9 million infected. A far cry from the official alleged 3,200 dead, and 80,000 infected, a number that the Chinese government "corrected" a week or so ago, increased by 50%, but still comes nowhere near the true numbers. The true numbers have been projected by foreign news media speaking to funeral homes and the numbers of urns ordered for ashes, and by the massive thousands of cel phones that suddenly had been shut off and discontinued service.
