China is not only a major threat in the world, but China is dying. Those two observations seem contradictory. But, they reinforce each other. The inevitable decline of China makes it more likely that the leaders of the Chinese Communist Party will act sooner rather than later.
Ben Shapiro pulls together five serious problems for China in a recent video. Here are his arguments, along with a few of my comments.
China’s first problem is demographics. China has become the fastest-aging society in all of human history. Due to its one-child policy, China has millions more adults than children.
Problem number two is a lack of innovation. If it were a free society, it would have a robust and innovative economy. But China has no innovation so it must steal intellectual property from other nations.
Debt is a third major problem for China. In previous commentaries, I have observed that any nation with a debt to GDP ratio over 130 percent eventually defaults. China has a ratio that is approaching 160 percent.
Problem number four is the military. Yes, China is threatening other countries with its military, but it’s falling behind because it is using older, less sophisticated microchips. China’s navy is effective in coastal zones but cannot project power in deep water.
A final problem is the fact that China is a dictatorship. This is a significant reason for the other problems. The country’s leaders do not allow freedom and innovation.
The harsh truth is that China cannot change its demographic reality or its economic reality. And it won’t change its political structure. It is a threat to the world, but it also looks like a nation about to collapse in the future.