China’s economic troubles

By Christopher Harper

As business and political leaders descend on Davos, Switzerland, for the four-day World Economic Summit, Chinese President Xi faces a variety of problems.

Although the press has questioned the gains made by the United States in the first round of a trade deal with China, it’s clear that President Trump made significant inroads.

Under the deal, China agreed to buy an additional $200 billion in American goods over the next two years. The agreement protects U.S. intellectual property, addresses technology transfers, and ends currency manipulation by the Chinese.

It would be premature to applaud the deal UNTIL the Chinese meet these goals, but these steps are the most significant in the history of trade between the two countries.

Noted Chinese expert and author Michael Pillsbury dismissed the attacks on the deal, calling it a “historic agreement.”

He criticized the Democrats. “They said all the things that President Trump said today, but they couldn’t get it done. They didn’t have a strategy on how to bring the Chinese leadership around. Now I’m afraid they’re a little bitter and even embarrassed. Their own ideas have been implemented by Donald Trump, and they can’t stand it.”

Although the deal may help Xi and the economy, the Chinese president faces other financial issues. 

As The Wall Street Journal notes, Xi’s domestic economic policies have stumbled. “He has appeared to choose political reliability over profits and efficiency as he throws his support behind government-owned businesses in the form of subsidies, financing, licenses, and pressure on competitors. Bankruptcies are running higher than ever in China among private companies, which suddenly have less scope to expand,” James T. Areddy writes from Shanghai.

During my travels throughout China during the past five years, I have noticed a growing disparity between the growing middle and upper classes in the cities and the crushing poverty of the countryside, particularly in minority areas. It’s true that the countryside has made gains in the past 20 years, but these are far less dramatic than among the urban elites. 

Furthermore, the much-touted Belt and Road Initiative has hit some significant resistance aboard. One of the features of the initiative was to provide jobs to the Chinese building sector, which faced fewer projects inside the country. Now the international building program faces growing concerns that the developing countries where projects are centered will see mounting debt to finance the programs. That means fewer jobs for Chinese workers outside the country. 

President Xi isn’t likely to face any serious challenges from inside the Communist Party. Still, the international community will note how his once-gleaming economic acumen has lost much of its luster. 

The Virginia #2a Tweet Awards!

Thanks to a combination of a left arm still unable to shovel, a wife deserving a good night’s sleep, the need for additional confession and weekly scheduled adoration I found myself away from my laptop until nearly 2 pm yesterday meaning that the 1st report I had as to what was going on in Richmond Virginia at the 2nd Amendment Rally came from my son repeating what his ultra liberal friend(s) were sending him him about White Supremacists etc when I picked up up just after noon. I told him at the time that because his friends resided in the liberal bubble their information was unlikely to be accurate or complete which proved to be prophetic when we finally got home after picking up DaWife and finally getting to sources of info that were not being censored by youtube or pre-written by folks trying to advance a meme rather that write news.

The 1st clue to the truth of this came at lunch with CNN as usual in the background on one TV at our favorite lunch haunt (the one drawback to the place). The lack of live coverage and breathless headlines during our meal demonstrated that all was not going as the media expected.

It also demonstrated the value of conservatives not abandoning Twitter as it became an excellent avenue to disseminate reality to people who wished to deny it as the 2nd Amendment march in the former 2nd Capital of the Confederacy turned out to be typical of tea party events that I had covered for many years while foiling every hope of a left media breathlessly waiting to proclaim a Charlottesville or a Kent State.

So today let’s look at five of those tweets and my responses that in my opinion illustrated the events of the day so well.

Don’t touch that Play Button, Part 1

Twitter is in many ways a lazy medium where many people will send a tweet with a link and video and people will either not click the video or follow the link allowing you to make any meme you want stick. That strategy however fails pretty miserably if people do

There are few things less frightening that a video of people walking down the street doing absolutely nothing threatening


Don’t Touch that Play Button 2

If you’re going to be a blue checked NBC reporter tweeting out clips of chants at a live event it does behoove you to match the chant with the clip you claim to be tweeting out to make the media’s contention that unlike bloggers you have layers of fact checkers credible.


The Scott Brown Election Night Memorial Clip

The saddest look I ever saw on the MSM’s face was the election night when Scott Brown won in Massachusetts but this one wasn’t all that far off. it’s even worse when the 1st guy interviewed is named Manny Cruz. Maybe he’s one of those “White Hispanics”. Anderson Cooper was even more taken aback here

His face says it all it looks like he’s going to throw up.


DaTechGuy’s Laws of Media outrage in Action

Nothing gets a story demoted faster on a MSM webpage than a Democrat/media narrative that is unmet by reality.


Moment of Accidental MSM/Left Clarity #1

Don’t you dare get the idea that the right isn’t violence just because there wasn’t any. Yeah there was no violence by the right, but that’s only because the tolerant and noble left wasn’t there to cause it!


Moment of Accidental MSM/Left Clarity #2

I remember covering a big tea party event during the 2012 primaries in NH that some expected trouble at. There was a single cop and not a harsh word to be said. The police at these events know when they’re in danger and when they’re not

I am the Ghost of Teaparties Past

Maybe Baltimore or SF can invite these folks to rally for gun right there. It will save them millions from their sanitary budget.


600 miles away the crime wave begins…

Why do I have the feeling channel 7 Boston would have been highlighting something different if the narrative had been met?

We’re all gonna die! Again!

One of the problems of constantly predicting doom a/la Peter Cook in the Secret Policeman’s Other Ball over the course of several years is that when voters who expected to be imprisoned, starving or living in a state of anarchy surrounded by the dead tend to notice when on election day they find themselves with good jobs in a booming economy on election day with nary a body in sight.


Meanwhile back in Bubble World…

My son’s friend’s likely only source of news but in fairness somewhere in the multiverse this reality might exist, perhaps in the same reality where the Crisis on Infinite Networks Letterkenny & the Witcher crossover is taking place.


The “Always Look on the Bright Side of Life” award

Or, if you can’t get the nonviolent ordinary citizens who are opposing you to display the violence you insisted was inherent in their system you might as well blame said lack of violence on your decisive actions and forethought.

They mentioned the fence the Governor put up in that clip and I’ll close with a tweet commenting on that.