• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Thursday, September 21, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

To hide its economic downfall from the world, China dons an invisibility cloak

Vikrant Thardak by Vikrant Thardak
December 8, 2021
in China
Reading Time: 3 mins read
0
To hide its economic downfall from the world, China dons an invisibility cloak
2.7k
VIEWS
Share on FacebookShare on Twitter

China is donning an invisible cloak. The second-largest economy of the world is fast emerging as the big “black box” of the world, which is getting even blacker with each passing day.

China is making it harder for foreign companies, investors and governments to access information about supplies and financial statements in China.

Also Read

Philippine politics just got interesting with Duterte’s crazy comeback

Is China Heading for Another Tech Crackdown?

China becomes even blacker:

You can’t track the location of the ships floating in Chinese waters, since data providers in China have gone dark over the past month. You can’t estimate the energy crisis of China, since China has restricted the information of coal use. You can’t study political dissent cases of China, since the Chinese Communist Party (CCP) has purged thousands of documents related to these cases from the country’s official judicial database. You can’t determine the financial health of Chinese companies, since companies in mainland China will not share information from strategic sectors like finance, healthcare, public transportation and infrastructure.

All in all, China doesn’t want a foreigner to know what’s happening in China. And that speaks volumes of the fact that nothing good is happening in China. China’s message to the world is loud and clear: think thrice before embarking on a perilous journey towards Chinese ports.

Not the shipping companies, not even the ship itself, would know its exact location once it enters the Chinese waters. For the captain, everything is dark, and everything is black. It’s only the Chinese government and President Xi Jinping who has the access to this data.

It’s a foregone conclusion that the Chinese economy is in tatters, and immediately requires attention from the Chinese policymakers. However, the Chinese authorities have busied themselves with going incognito meanwhile. Their priority is not to save the sinking Chinese economy, but to curtain it.

Why is China hoarding the shipping data?

By preventing world monitors from tracking the shipping data off China’s shores, China wants to achieve three major goals:

  1. It wants to jeopardize its imports and encourage consumption of made-in-China goods.
  2. It wants to militarize its shipping industry. Hence, by duping the data monitors, China would be in a position to induct military vessels into its shipping fleet.
  3. China wants to boost its exports by providing easy-exit shipping routes to Chinese exporters, while others may face congestion and clogging in Chinese maritime boundaries.

Also read: The sinister reasons why China is not releasing location info of commercial ships in its waters

Reasons why China is restricting the coal use data?

Similarly, by restricting the data about coal use in China, the CCP is striving to veil China’s burgeoning energy crisis. The energy crisis has already weighed down China’s economic recovery and has vehemently discouraged foreign investors from parking their money in the communist nation.

Also, considering Xi Jinping’s treacherous sway over the CCP before the 20th national congress slated to be held next year, political tensions in China are expected to run hotter in the coming days. It is a do-or-die situation for Xi Jinping’s rivals in the party for preventing Xi Jinping from winning a third term in the office.

So, China has deleted the data of all the political cases from its judicial database, to prevent the world and masses at home to know about the no-holds-barring quest for power currently underway in the CCP.

Chinese economy damaged beyond repair:

Xi Jinping’s paranoia and megalomania have dismantled the Chinese economy beyond repair. So, concealing data is the only viable solution for China now. That’s because data emanating out of China in recent times paints a bleak picture of China’s economy, which contradicts the CCP’s hefty claims and commitments.

The Chinese economy, for instance, had posted a quarterly growth of 6.5% in the September quarter. This is the lowest quarterly growth in the decade – the situation for China was never more worse since the global economic slowdown of 2008-09. Fixed assets investment grew 5.3% in the first eight months of this year, which is the lowest investment growth for the Chinese economy since 1995. This is the fifth consecutive record low for China.

Also read: China’s banks are drying up and Jinping is hellbent on squeezing out the rest of the cash

Data has ruthlessly broken the myth of the invincibility of Chinese economy, and that’s why data is now being targeted by the Chinese Communist Party. A paranoid Jinping now deems data as the biggest threat to his political ambitions. So, he has resorted to waging a war against data to subdue his rising anxiety.

Tags: China CrisisChinese communist partyChinese EconomyEvergrandeXi Jinping
ShareTweetSend
Previous Post

Wang Yi goes down on one knee to placate India after the grand Modi-Putin spectacle

Next Post

Iran and Azerbaijan: The genesis of a never-ending war between two Shia Muslim countries

Also Read

Japan underground shelters

Japan can’t protect Japanese if a war breaks out

March 23, 2023
TikTok app

West’s TikTok App wake-up call, too little, too late, or just too fake!

March 23, 2023
Taiwan coup

China plans a coup in Taiwan!

March 21, 2023
China Europe

US and Europe were happily ever after…until China showed up

March 12, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
The Drug Bust of Justin Trudeau in India which Ottawa is probably hiding

The Drug Bust of Justin Trudeau in India which Ottawa is probably hiding

September 15, 2023
Drugs for Sexual Pleasure? Trudeau launches his most Abhorrent Scheme

Drugs for Sexual Pleasure? Trudeau launches his most Abhorrent Scheme

July 11, 2023
3 possible reasons why Sophie dumped Justin

3 possible reasons why Sophie dumped Justin

August 3, 2023
Suez Anxiety? Biden Threatens Egypt as it joins BRICS

Suez Anxiety? Biden Threatens Egypt as it joins BRICS

September 19, 2023
CIA and FBI have been modifying Wikipedia articles since 2007, admits Wiki’s co-founder

CIA and FBI have been modifying Wikipedia articles since 2007, admits Wiki’s co-founder

August 3, 2023
‘To hell with EU’ 70,000 Czechs Express Support for Russia

‘To hell with EU’ 70,000 Czechs Express Support for Russia

September 21, 2023
Trudeau’s Attempt to Make India a ‘Pariah’ was a Tragic Flop

Trudeau’s Attempt to Make India a ‘Pariah’ was a Tragic Flop

September 21, 2023
Zelensky Commits Yet Another War-Crime in Donbas

Zelensky Commits Yet Another War-Crime in Donbas

September 21, 2023
Exit Door Opens for Trudeau! Dominic LeBlanc to Lead Liberals? 

Exit Door Opens for Trudeau! Dominic LeBlanc to Lead Liberals? 

September 21, 2023
Putin’s Master Plan to Strengthen Wagner PMC is Out in Open

Putin’s Master Plan to Strengthen Wagner PMC is Out in Open

September 21, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.