> Purchasing billions annually in US treasury bonds
It's interesting how you consider financing the US national debt to be "economic warfare." Would you rather China not lend the US money?
> At the same time, China's might is costing its 1.4B citizens dearly: unsafe or abusive working conditions, severe human rights abuses, and an Orwellian surveillance state.
The point you're missing is the dramatic improvement in living conditions in China over the past 30 years. Working conditions are far better than they were 30 years ago, and the average income is many times higher. Most Chinese people used to live without all sorts of things you take for granted, like showers and telephones in their homes. They used to have to heat their homes with dirty coal stoves. Electricity used to run only a few hours a day. Almost nobody had any money to travel abroad or buy a car. All that has changed in one generation. Recognizing that will help you understand why most Chinese people think so differently about the state of their country than you do. They have lots of complaints, but they also know how much things have changed for the better in so many ways.
It's interesting how you consider financing the US national debt to be "economic warfare." Would you rather China not lend the US money?
> At the same time, China's might is costing its 1.4B citizens dearly: unsafe or abusive working conditions, severe human rights abuses, and an Orwellian surveillance state.
The point you're missing is the dramatic improvement in living conditions in China over the past 30 years. Working conditions are far better than they were 30 years ago, and the average income is many times higher. Most Chinese people used to live without all sorts of things you take for granted, like showers and telephones in their homes. They used to have to heat their homes with dirty coal stoves. Electricity used to run only a few hours a day. Almost nobody had any money to travel abroad or buy a car. All that has changed in one generation. Recognizing that will help you understand why most Chinese people think so differently about the state of their country than you do. They have lots of complaints, but they also know how much things have changed for the better in so many ways.