Xi Jinping's Ambitious Strategy: Projecting CCP Superiority in the Face of Economic Challenges

[@diggingtochina]

Help me grow the channel by donating any amount through the link below-your support makes a difference! paypal.me/DonXiang

[@kensmith8152]

Xi Jinping is a classic example of the Peter principle in action. As he was expert at maneuvering the political system of China, his ineptitude in economics became more apparent. He obviously does not learn from history and is in denial about the lack of feasibility of Chinese Maoist communism in the real world. His ideology keeps him running like the proverbial lemmings to the sea. Keep running Xi, do us a favor keep running! The end is near!

[@rondewitt6238]

Another video where you have put together some already well broadcast information and then showed us all how it fits together and the meaning behind it. Thanks, Don, I wish my university teachers had been as enlightening as you!

[@robertbraden4454]

16:20 "if the rule of law takes precedence what becomes of the CCP?" - excellent point

[@chuckley99]

Thanks Don!

[@splendidsnapshot9915]

I agree with your assessment. It is so sad. China have so much potential, but CCP and its policies are its own worst enemy.

[@Wayne-tb8tk]

CCP are really no more than self serving parasites!!

[@vladimirgalovic6250]

Don - I appreciate your deep and competent analysys and looking forward for more videos. Have a nice day

[@jakelabete7412]

This was your best podcast. Bravo.😊

[@generessler6282]

You said the essential truth. Mankind's best hope for economic success is markets operating within rule sets and enforcement that minimize their well-known weaknesses and excesses. Crafting those rules and enforcing them are the best governments can do. Governments that routinely fiddle with the internals of markets are - so far as we know - doomed.

[@velisvideos6208]

Another great analysis. Paradoxically, Xi's anticorruption drive may be another depressing factor for China's economy as it increases uncertainty. Missing rule of law left corruption as the one factor providing predictability. Problems could be solved in a fast and predictable fashion with backhanders to correct officials. This mechanism has become increasingly difficult and unreliable, leaving businesses to face increasingly arbitrary official power.

[@robertbraden4454]

Thank you Don. Very interesting. I think Xi is pretty good at internal politics, but out of his element on the world stage.

[@rndmprsns]

Bravo

[@ellenmeyer-kalergis5705]

You help me to understand China in a way few can. Another excellent video. Thank you, thank you!

[@robertweigl7201]

So the question is not, will it fail, it must be when will it fail? Also, what is the better way to fail, fail now or in 5 to 10 years? Must if fail now, what are the consquences, what are the outcomes? Socially, economically, politically? The ccp can delay and cover up as much as they want, but at a certain point, which is now becoming clear to everyone, inside and outside of china, it will crash and the longer it is delayed, the harder the crash will be.

[@johnwong8146]

Thank Don. Great video and really appreciate your lucid explanation of what's happening. The CCP wants the benefits of a free market economy, without a free market economy.

[@LD-Orbs]

The CCP -and Xi in particular - wants to be and surpass America, but without all that freedom and liberty and capitalism and free elections stuff. Envy without understanding. That CCP dream is dead now. But nobody in power cares about that: saving face and looking strong is WAY more important!

[@TomTomicMic]

Xi wants self sufficiency whilst exporting its problems to the World, he can have one, but not both!?!

[@thomasearlfranklin584]

Very interesting explanation.

[@glenngrowe7105]

In this video I learned more about why Xi and the CCP do what they do than from any other source I can remember. To put the message in just one of your memorable sentences: "If the rule of law truly takes precedence over everything, what becomes of the CCP?" Some legal scholars have argued that rule of law was becoming more prominent in China (see Zhang and Ginsburg, 2020 "China's turn towards law"). They see an increased focus on legality as a part of the anti-corruption campaign. However, it is clear that property rights are not being respected now and economic freedom is being curtailed. I think your perspective is more on target.

[@BaldurvanLew]

Could anyone point me to some (academic) publications by Don Xiang? I'd like to explore some of his arguments in more depth than is possible in a KZbin video.

[@mrx2062]

Authoritarian systems can implement decisions quickly. But that is true for good and for bad decisions. The party could implement the one-child policy easily over the whole country and uphold it for decades without changes. The result was devastating for Chinese demographics. To make that work you have to assume the leadership is very wise and makes no mistakes. That is not the case as the one-child policy showed. Over time, the errors kill you. Also Authoritarian systems tend to make decisons very top down and thus by a relatively small group of people instead of participation of the broader sociey in decision making, by more public discussion. That should increase the likelyhood for errors. Then by nature , these systems have an issue with the rule of law. You cannot rule absolutely with the rule of law. That breeds corruption and is not a good environment for businesses and for investment of capital. Corruption in general is a feature of such system, because it rewards the loyal elites, gives the leadership potential leverage against the elites and makes them all to criminals so that they will support the further existence of the regime. Xi Jinping demonstrated that by eliminating his political enemies with corruption charges. They are all corrupt but the leadership decides who will be charged. In general that also leads to misallocation of capital, because capital allocation decisions are too much influenced by political decions rather than the market, which requires the rule of law. Authoritarian systems tend to lie more, because they can because there is no opposition and they have to because they want to rule forever and government success is hard to achieve forever. If you cannot achieve permanent political success you just lie and suppress your potential opposition by force. Obviously, sytematic lying without checks by anybody does not control human impulses and weaknesses and is not a system for success longterm.

[@melaniekleiman8444]

As was described on another channel, he is a “believer”. He just believes in the wrong things.

[@alouie001]

Political ideology isnt strategy. He lives divorced from reality.

[@billsheehy1]

Don, no one does it better than you. Thank you for sharing your insights.

[@Michael-el]

That was an extraordinarily clear description. Many thanks for your work.

[@jamesparkerson7867]

Very interesting video Don

[@davidpitchford6510]

Centralized authority in the hands of a single tyrant is always a disaster leading to misery. Ask any married man.

[@theallseeingeye9388]

LOL. Feel you dude

[@paulmaher3358]

Thanks again Don

[@aaron2709]

Good one.

[@robindavies418]

Fabulous explanation

[@controllerplayer1720]

why winnie the punk is always wrong?.. maybe because he was a dictator and trapped on the abyss of mao zedong that he set in china..

[@doujinflip]

And then took the wrong lesson from that struggle, believing that relief comes from getting on top of the fray instead of questioning the rules of the game itself.

[@TheSandkastenverbot]

That makes so much sense!

[@djparn007]

Thank you, Don. 👍

[@kobolds638]

my answer is LUCK. in my life I learn that what make a company become big and rich not because the boss is capable but because the boss has lucky. laugh is you like but it is true . as long as the boss has luck he can employ capable manager .

[@theallseeingeye9388]

Agree with u. It explains why the rich and well to do are often not very bright. Its called the outlier factor

[@fenkliew7550]

Though the anti corruption campaign is good for the country but is meant to legitimatize his constitution amendment to allow him beyond two terms, more than enough to undo the good in the long run. Going all out on infrastructure to maintain SOEs without regards for optimising the distribution of resources had resulted in more debts than necessary and lower returns.

[@fturla___156]

Denying the mistakes, errors, and failure to denounce past leadership will always be a fatal flaw for any organization. To idolize anyone from the past is sheer stupidity and this applies to everyone in the world.

[@stormtrooper2170]

4. Stop eyeing for Taiwan.👈😁😁😁😁✌️

[@JamesBrown-p6e]

Very interesting presentation. Thanks for sharing your insight.

[@SkyGlitchGalaxy]

He's NOT dumb. He's NOT incompetent. He's NOT trying to build a Western consumer economy. He does wants to stay in power. He does want to keep the CCP in power. He does wants to conquer Taiwan. He is quite successful at these 3 thungs.

[@EricsonAng-x8f]

Why obssess over economic dominance when the CCP has to be a sustainable economic model first? Why choose himself instead the Party ? This was his downfall.

[@arwzqu1964]

Their not going to pay 100's of thousands of dollars for houses to live in. They want them for investments mainly.

[@bjrnhjortshjandersen1286]

This is a very interesting perspective. It also makes sense when trying to understand the trillion-dollar investment plan to develop the more remote western regions of China.

[@kevinbyrne4538]

Excellent analysis ! One of your best.

[@ericpgibb]

Finally someone who acknowledges the relay of Xi

[@finnmacdiarmid3250]

Have the CCP ever tried to threaten you for your criticisms?

[@mirellafalso6112]

Great content Don!

[@Antiwumao]

Good work

[@charleswomack2166]

Awesome videos per usual Don. Your explanation for why Chairman Xi consistently adopts what appears to be the incorrect policies for the economy. Xi does have political savvy.

[@igoryurchenko9569]

Great Leap Forward

[@cyberslim7955]

1:10 Gosh your titles are the opposite of clickbait! Keep going, best vids on China...

[@arfajob4246]

Why is he always wrong? When you keep flogging a "dead horse" the outcome is always going to be the same.

[@sbirchsbirch6232]

Good epidode

[@rosking7146]

The problem with Chinese manufacturing is that the quality, in many instances, is not there. And the innovation is also not there.

[@LatinScribe1]

👍🏻

[@Wayne-tb8tk]

How can the CCP possibly believe they are superior ,, It's absolutely ridiculous 🤣

[@kelvinzhang7041]

all small things

[@frenchcreekvalley]

"Stimulate Consumption" is hard to do with so many poor people and people out of work lately, isn't it?

[@wendyshoowaiching4161]

Any leader idea must be consulted & debated with his team of genius (brainwash ideas and refined) before implementing and refined till perfection (over time of implementation)

[@controllerplayer1720]

most of the dictators are not happy even they have a lot of money..

[@josephbravo2590]

“Is there not a single true economist among the Chinese Communist Party?” This question is like asking… “Is there not a single astronaut among the American Federation of Astrologers?” When the Wizard In Chief is operating with a Ptolemaic model of the economic universe don’t be surprised when their financial forecasts fail to materialize. 🧙‍♂️🔮🙄

[@nterry894100]

“Without economic freedom, there can be no other form of freedom”. Maggie Thatcher. The reality is that no economy can function without freedom, democracy and the rule of law. They are all part of the same package, and that is the dictator’s dilemma. They want to see prosperity, but to hold onto power they, in the end, need total control and that is inimical to economic health.

[@fenkliew7550]

He thinks he is smarter than his advisors, if any.

[@dcc70]

Rare is the dictator who has enough humility to admit he doesn't always have the right answer. People who do tend not to be dictators.

[@sh5465]

My guess: not a single true economist with enough influence!! Which was good for rest of world?!

[@oxvendivil442]

Civilizations are cyclical, for a new state still starting its march, an authoritarian system is ideal but after it sets order it should step aside to a more democratic albeit still conservative system, there are two paths to choose from here, become liberal and decadent as this civilization collapses or return to authoritarianism as society stagnates and decays in the hope of a repeat/revival of the cycle avoiding a complete collapse. Maintaining a liberal system forever ends badly, starting a state in a liberal system ends in failure, maintaining an authoritarian system from the beginning ang continuing it forever also ends in collapse. China already had a good start with Authoritarianism under the Nationalists and Communists, after the fundamentals have been laid, Communism should have stepped aside and be replaced by a conservative form of democracy as society progresses, the problem is that Xi and the CPC got drunk on power and wanted to stay in power no matter what even if they are overstaying their welcome, continue like this will lead to failures and eventual collapse.

[@doujinflip]

To be democratic yet conservative involves the majority of people having things worth preserving. Under-regulated capitalism leads to concentration of wealth and power, resulting in reactionary leftism in an attempt to balance the deficit… hence the battle both a century ago and arising again these days against pro-corporate policies between fairly moderate collective bargaining (labor unions) and more radical state takeovers (Communism).

[@merlingeikie]

❤🇦🇺🪃🥷✅

[@beurling-um8qy4hh5n]

C’est le péché d’orgueil qui détruit, à coup sûr, les grandes nations.

[@pierotorroni9197]

Whenever a leader must be chosen, do not look at what he seems now. Look at his/her formative period. Discover where he was between the moment he//she was between 10 -18 years old. It is the period when you are formed. Einstein printed 5 papers in 1905 when he was 26. He developed the best ideas between the first 18-23 years of his life. You increase your experience afterwards but the innovation is over.

[@BeerDude-e5g]

Xi was a lowly educated farmer. 😂

[@yf_NorthernAreas]

Chief acceleration into a tofu brick wall

[@ralphhardie7492]

Xi is history Gone by Christmas 🎁

[@StevenSiew2]

What is "Feeding the Tongs to cross the river"??? What is a Tong?

[@doujinflip]

“Feeling the stones”, it’s an error of the auto-generated captions.

[@bobgriffith1810]

Diversity of opinion usually produces better results,, a committee of one,, hardly ever..

[@robr.5044]

Xi has such a pouty face in your thumbnail. It’s be cool if you could get one with him doing duck lips.

[@clementng7718]

Where there's selfish ambition, there will be confusion; and all kinds of evil. James 3:16

[@LD-Orbs]

Very true! the CCP deeply envy's America, but does not understand how America's success comes from. They can only see what they love - power and money - and place no value on what's important: liberty, ethics, and respect for your fellow man. Valuing someone elses life, liberty, and property - as well as equality before the law and public accountability of the powerful - is something the CCP can never do. It interferes with their object of worship, Party Power. And so, they will always fail.

[@yogi9631]

Don is now A PhD economist now. Moronic rants of a Taiwanese

[@cvcvcvc7141]

He has gone senile

[@Silica_Packer]

Because he is all alone. He has killed or arrested anybody with ides or ambitions arround him. He is a 1 person brain trust, with an un-trustworthy brain!

[@Mark.maximus]

He's a Pooh bear... this is why he's always wrong. Should stick to eating honey 🍯💯👍🤣

[@BenhurBaguio]

Because XI is a lousy chemical engineer , short in common sense long in arrogance 😂😂😂😂😂😂😂

[@Zigyll]

Lun

[@pennycandyys]

Maybe I’m wrong, but his lack of education seems like a really big stumbling block to having the knowledge and understanding to effectively run a country. Add to that the way he idolizes previous leaders who ruined the country, idolized and tries to copy them. Am I wrong?

[@pennycandyys]

Oh, and add to that his absolute refusal to have anything to do with the West, even to the point of refusing life-saving vaccines from the West. The stupid thing is that countries are being fairly effectively run in the ‘West,’ it’s not rocket science when it’s already being done, but he will not look to the West.

[@mosesng1109]

in communism, the best man never gets the top job because of political jostling 🤣🤣🤣.... that's the main reason Winnie the Pooh was chosen 😂😂😂.... anti corruption??.... more of removing opposition to his leadership 🤣🤣🤣

[@bukitbatok7332]

This guy knows nothing but only spew malarkey. 😂

[@jpnphom5470]

He is not a smart leader

[@jaeho7501]

Why is Xi always wrong? Because he's Wong!

[@bellybull]

mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

[@ric6074]

Daily BS and self fantasy talk, nothing came true in all previous videos 😂

[@BwannaKubwa]

Is there any chance you can stop repeating yourself so much? Your message is lost in your verbal miasma.

[@nighthawkcof]

Go back to your wu Mao cave

[@rl2104A]

So that the real message gets through many thick skulled folks ? 😂

[@Richard-s7m]

Don speaks with Chinese accent,beware of this traitor.