War prep is why Xi Jinping is afraid to unleash China's consumers
ft.com
ft.com
"War prep is why Xi Jinping is afraid to unleash China's consumers"
Is different from the article it links to:
"Why Xi Jinping is afraid to unleash China’s consumers"
It is also fairly unjustified given the content of the article.
China doesn't do broad stimulus spending as it would re-ignite the old property bubble. Instead it does targeted industrial policies so that its industries can climb up the value chain. Given the size of its economy, its military spending is modest.
Xi has been antagonistic toward the Philippines, India, Taiwan, Vietnam, South Korea, Japan, and others. Doesn’t seem like a long term sustainable policy.
But, I guess it’s just a classic example of power corrupting.
So, uh... Offhand I can think of only one other government that has trumpeted the start of a "1000-year" regime of security, and that German one isn't remembered very positively today.
That said, I'm given to understand that qiān (千) is sometimes used as a general "numerous" or "many", as opposed to always being a mathematically exact number.