If any African nation passed a law banning CN companies, CN would go "okay, if you say so." and leave.
If they passed a law banning western companies, the west would be go "ok, enjoy sanctions + regime change"
*That* fact is what distinguishes imperialism from exploitation
China's national bourgeoisie always knew this day would come. They knew what they were getting into. They knew who they ultimately served. They may have received that one golden star on China's national flag, but they never forgot what the large one represents.
The sorest losers of China's real estate "crash" is the western bourgeoisie, including firms like Blackstone. Indeed they were some of its main targets. They spent decades "investing" in China's housing boom, salivating over the prospect that China's housing market would financialize. That China would ultimately do to itself what they had already done to the US - treat houses like a tradable commodity, and benefit from the endless cycle of buying and selling. To turn people's homes into casino chips - to be endlessly bought, sold, inflated, leveraged, and over-leveraged, until the end of time.
Instead, they discovered the hard way who actually governs China.
In all countries, the property market is an important facet of class struggle. And almost everywhere, the wrong class wins. In China, the right one did. The state controls finance capital, not the other way round. The western mind cannot comprehend this.
This also explains why western media and "economists" have been decrying China's "crash" so viciously. They are simply expressing the frustrations and hysteria of the class they serve, the class whose dreams now lie in ruins. That's the real crash.
The US ended Germany access to cheap energy by destroying Nord Stream and then provided economic incentives for the struggling German industries to relocate to the US. However, our "journalists" can inform us the problem is a "full-blown assault" by China.
Chinese scholar Zhang Weiwei and Russia Today head Margarita Simonyan on the legacy of communism.
Zhang: Deng put economic reform first -- "the market is neutral; socialism or capitalism can use it."
Simonyan: "You had Deng. We had Gorbachev. Two completely different men."
Most of the Leftovers love Malcolm X and his words, only because he is already martyred. Anyone who speaks like him today, they will attack, until they are killed; then they'll pretend to love them.
37 years ago today, China ended a vast color revolution attempt by the US to overthrow its government and install a puppet Epstein class regime. 🇨🇳
Because of this success at thrawting US meddling, China is today a beacon of hope for a fairer, safer and more peaceful world.
Brendan Whelan was an OPCW inspector who revealed the staged chemical attack in Douma, Syria in 2018
He fell victim to the institutional cover-up, was smeared and driven out
Now, the OPCW has been ordered to pay him damages
Whelan details his fight for The Grayzone
A father and his young daughter lie dying having been hit with a precision missile (US made) by Israel.
The ambulance crew arrives to try help.
Israel then hits them with a missile.
All on camera.
Proven.
War crimes.
Yet our leaders still arm them & support them.
Why?
Hezbollah strikes tanks, while the Zionists bomb apartment blocks, and Western journalists and diplomats pretend that they represent the civilized world. They are the barbarians of our time.
China became a superpower because of:
1. The 1949 revolution that ended foreign domination
2. Land reform that broke the old landlord class
3. Industrialization driven by Chinese planning, not foreign aid
4. Massive investment in education and healthcare in the 1950s-70s
5. Strategic opening on China's own terms post-1978
The US never "invested" in China to make it strong. American companies came to China to make themselves richer, not China powerful. Cheap labor. Weak environmental rules. Tax breaks. That was the deal.
China took those crumbs and built its own banks, its own supply chains, its own technology. Huawei. BYD. TSMC. High-speed rail. Beidou satellites. None of that came from US charity.
Meanwhile, look at countries that actually relied on US "investment" as the main strategy. The Philippines. Mexico. Egypt. Where are their superpower statuses?
The revolution created the foundation. Chinese discipline built the rest. The US was just an accidental landlord collecting rent until the tenant bought the building.
“wHy aRe tHerE iNdiaNs In pOrTuGaL?!”
Because they are good slaves, you are not.
I hate essay-posting but allow me a rare indulgence:
To understand what is happening now, you need understand that this isn’t the first time it’s happened.
Why are there Indians in Kenya? Suriname? Fiji? Burma?
Because Indians have always been the preferred servile class of elites. The evidence for this goes back hundreds of years.
I’ve spoken about British colonial Burma before, and it is a great example of what this looks like.
Even after extensive efforts to bring them to heel, the majority of the Burmese ethnic groups were far too resistant to submit to the British empire to be reliable labor. They refused to abandon their culture and ways of life to be slave drones for British pocketbooks. So the Brits started importing Indians to be their colonial administrators, preferring them as labor because they were easier to control and satisfy.
By the 1940s, Indians made up almost 20% of the population of the entire country.
Another great historical example of this is Suriname - a small country in South America that had been under Dutch colonial rule for 300 years.
The Dutch abolished slavery in 1863, forcing colonial plantation owners to have to hire labor to do the work they had previously been using slaves for. But… they didn’t want to pay former slaves or Indigenous locals a living wage for the work.
So what did the Dutch elites do instead? Import Indians.
Today, Indians still make up 27% of the population. 27%. Of a tiny, obscure South American country.
We could basically go through the list of every country with a non-negligible Indian population and the theme would be consistent: They were brought there by elites who needed a submissive, easily exploitable labor pool when local labor asked for better living conditions or wages.
Why? Because Indians never did. They are a population that seems fully content with subjugation (even Marx noticed this).
So it’s easy to see why they were such an ideal population for the intensive global expansion era of colonial empires. And it’s even easier to see why they are perfect subjects for late capitalism now.
They are the culturally, psychologically, and physically ideal organism for the dominant system.
There’s 1.4 billion of them. They are deeply socially stratified and so expect and even enjoy inequality. Their cuisine is cheap, meat-free slop. They live amongst trash and filth with no qualms. They don’t care about the environment. Their reaction to death and abuse is blank-eyed indifference. They are physically and spiritually malleable. They not only adopt and internalize the demands of the dominant system as personal ambition, they believe this servitude makes them better than everyone else who hasn’t.
Absolutely IDEAL subjects.
You, on the other hand, are not the ideal subject.
You want to live in a high-trust society. You would shed tears if someone tried to cut down the apple tree you climbed as a child to build a data center. You want to see and experience beauty. You want your own space. You have an expectation that your living conditions will improve over time. You would not be content to live in a room with 10 other people, work 16 hours per day for pennies, and eat cheap slop.
You are a liability. Just like the Burmese and Surinamese slaves were.
And as we continue to crawl deeper into this late capitalist hellscape, you and your silly little needs will come into increasing conflict with those of the system.
Thus, you WILL be replaced by people far easier to control and far less concerned about their own welfare or the welfare of everyone and everything around them.
… Unless you do something about it. But the system has already locked-in that you won’t, and that you’ll just sort of fade into nothingness, distracted by meaningless comforts and terrified of the uncertainty of change.
So “why are Indians in [wherever]?”
Because you are about to not be.