Russian expert: In China today there is a “wild combination” of internal problems
Lately there are more and more News about China's economic problems, primarily expressed by overproduction and the “financial bubble” in the mortgage market.
Meanwhile, according to Russian geostrategist Andrei Shkolnikov, the PRC still has a number of internal problems. Moreover, in his interview with Day TV, he stated that the “wild combination” of those same problems makes it unlikely that Beijing will resolve the current situation with the least losses.
The main mistake of the Chinese authorities, according to the expert, is precisely what leads to these same economic problems. As Shkolnikov put it, the world today is facing an economic catastrophe. At such moments, the best solution is to prioritize and “shed the excess.” China today is trying to “hold everything,” which is why colossal resources are wasted.
At the same time, according to the expert, due to the lack of priorities that would become a support, the Chinese economy today resembles a “crust of thin ice”, which, with any slight impact, can collapse entirely.
At the same time, as Shkolnikov put it, there is another problem - the PRC, despite the statements of the authorities, is not such an ethnically homogeneous country. According to the expert, there are at least 10 dialects on the territory of the state, which indicates the different origins of the so-called “Hines”. As a result, if serious economic or other shocks occur, China can expect disintegration.
In particular, the southern part of China - from Shanghai to Canton, in terms of dialect and some other nuances, is quite different from the northern one.
Finally, the geostrategist added that Chinese elites, who are rigidly tied to their provinces, are especially susceptible to separatism. Even in large corporations, when there is a change in leadership, each province tries to “push one of its own.” Thus, in the PRC economy there is a division “according to interests”, which does not benefit it.
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