What experts all say in unison regarding the Chinese economy.TXT

Directors of China-related research institutes,
University professors in China-related culture & politics,
and even scholars who are relatively pro-China—
for several years now, they have all been saying the same thing in unison:
The Chinese economy is "at its worst."
But if they only use the word "worst,"
people don't truly feel the gravity of it.
Since Korea is also currently experiencing its worst domestic economy,
China-related professors explain it using specific examples:
Unimaginable unemployment rates,
a frozen domestic market, and insane local government debt.
The desperate lives of 1.2 billion ordinary people
out of a population of 1.4 billion, excluding the upper class...
Long-dormant bombs are exploding in succession, and since the real estate bubble burst, all sectors of the economy have frozen.
Insane unemployment rates. Miserable wages.
Even with continuous interest rate cuts, they are facing deflation instead.
The economic growth rate that used to run at 8%
is now at 4%, but even that is considered statistical manipulation,
and they say there is no consumption and it is a living hell.
Furthermore, as they transition from a middle-income country, the deepening low birth rate and aging population
make it impossible to sustain even basic welfare.
If it were a democratic nation, it would already be at the level of state collapse;
it is only barely holding on through the Party-State system.
However, unless they implement total slave-like control similar to North Korea,
they say that even in China, if the domestic economy worsens extremely
and the economic crisis deepens, there will be a limit to how long
the Communist Party can maintain its rule due to deteriorating public sentiment.
(Economic growth = Legitimacy of the Communist Party's rule)
But if factories stop production because domestic demand isn't moving,
unemployment will skyrocket further, creating a vicious cycle.
So, they are churning out goods and pushing them all overseas
through price competitiveness,
but due to intensifying trade wars, both domestic and international situations are at their worst.
If they can't even sell abroad, it's game over.
Therefore, the method China is currently going "all-in" on is:
Postponing welfare and domestic revitalization
(which are serious tasks that must be solved in the long term)
and mobilizing all national capabilities
to pour everything into "dinosaur" corporations.
For example, if dozens of automobile or
semiconductor companies were competing within China,
they give them a certain period to compare performance and declare:
"We will leave only exactly three companies per sector."
They make them compete insanely with such a bombshell announcement,
and once the deadline passes, the eliminated large companies
are all phased out and merged into the top-tier companies.
Then, mobilizing all national resources,
they are growing them into transnational dinosaur corporations.
In addition to administrative support, they pour in subsidies
to ensure margins are set below production costs to gain competitiveness,
and then they throw those products all over the world.
With a determination to take over the entire market, no matter how many tariffs are imposed.
In all fields—AI, batteries, electric vehicles—
they are squeezing out their final national capabilities like this.
By leading in technology and unit price,
they aim to take over the global market, open a new era through it,
and use that to rescue the domestic economy and the people.
It is seen as their final gamble.
And because of China's insane "all-in" approach,
global companies (including South Korea) that fall behind in price competitiveness and technology
are facing an enormous crisis.
If you listen to China experts,
whether they are pro-China or anti-China, they all say the same thing.