Xi Jinping recently delivered a speech at the Boao Forum, saying that artificially “building walls” and “decoupling” are detrimental to others and that individual countries should not “lead the rhythm” for the whole world, and once again pushing The “One Belt, One Road”. Taiwan’s overall economist Wu Jialong said in an interview that Xi Jinping says he does not want to “decouple”, but what he is doing is accelerating the “decoupling”. He also pointed out that Xi’s “Belt and Road” is a “road to the underworld” and that it is what is driving the U.S.-Japan alliance closer and closer to contain the Chinese Communist Party.
In a keynote speech delivered by video on April 20 at the opening of the Boao Forum for Asia’s 2021 annual meeting, Xi said that in the era of economic globalization, artificial “wall building” and “decoupling” are detrimental to others.
“The consequences of his actions are to speed up the decoupling, to facilitate it,” said Wu Jialong, adding that “it is useless to talk so much. Regulation, let people take out the technology, a whole lot of this, so that foreign companies can not mix and go away.”
Wu Jialong mentioned the current situation of Tesla in China.
The Communist Party’s top market regulator, the State Administration of Market Supervision and Administration, said Feb. 8 that it and four other regulators have interviewed Tesla, asking it to strictly comply with Chinese laws and regulations, strengthen internal management and ensure product quality and safety. Tesla is the first foreign automaker to operate a wholly owned factory in China.
The Global Times, the Communist Party’s official media, previously criticized Tesla, saying the automaker “doesn’t know enough about Chinese consumers.
The Wall Street Journal said this was a rare instance of accountability for Tesla, and that the regulatory interview signaled a change in attitude from the Chinese Communist Party.
The report cited the scrutiny of Tesla against the backdrop of the company facing growing competition from Chinese rivals in the booming Chinese electric car market.
On March 22, the Wall Street Journal reported, citing people familiar with the matter, that the Chinese Communist government is restricting the use of Tesla’s cars by military personnel and employees of key state-owned enterprises, citing concerns that data collected by Tesla’s cars could lead to leaks of national security information.
“At first it was very welcome to come ah, now to kick it out, this is not decoupling? When people see the fate of Tesla, who will dare to invest in China?” Wu Jialong said, “What Xi Jinping is doing is to move towards decoupling, he wants to move towards locking up the country, the result of many of his policies is decoupling and locking up the country, going back to the planned economy.”
Wu Jialong also mentioned the Chinese Communist Party’s refusal to buy Taiwan’s pineapples, not to buy Australian beef, wine, lobster, as well as boycott statements refusing to use international brands of Xinjiang cotton. He believes that there is also a factor behind this along with the Chinese Communist Party’s control of foreign exchange spending.
In his speech at the Boao Forum, Xi also said that rules set by one or a few countries cannot be imposed on others, nor can individual countries “set the pace” for the whole world.
“Of course he was speaking to the United States,” Wu said.
Wu pointed out that every aspect of the Chinese Communist Party’s behavior proves that it does not follow the rules of international behavior and wants to overturn the status quo.
The Trump-era deputy national security adviser Bo Ming, who was invited to testify before a U.S. congressional hearing on April 15, also pointed out that the Chinese Communist Party is ideologically incompatible with a free society, that the international order was dominated by the United States after World War II, and that the Chinese Communist Party does not want to integrate into such a world, and that from the day it joined the WTO, it wanted the world to become more and more dependent on the Chinese Communist Party, which increasingly does not need the world.
“A lot of the behavior of the Chinese Communist Party is spoiled, people thought that said, it is a developing country, we let a little, and then the Chinese Communist Party does not change its rogue personality, so it still does not understand until now”, Wu Jialong said, “now look at the Chinese Communist Party this way, incomprehensible, talk does not listen to ah. So the U.S. no longer wants to talk to it. The U.S. is talking to the Chinese Communist Party again, just to prove that the Chinese Communist Party is unreasonable, it is useless to talk about it, and then let the world see clearly.”
Wu Jialong believes that the U.S. tolerates the arrogance of the CCP in the U.S.-China talks in Alaska, and is playing a “bitter meat trick” to make the world recognize the CCP. Look, this is how they are, there is no other way. When people heard that, they were right. He lectured the U.S. from above in front of the world’s cameras, so the more the Chinese Communist Party is now war-wolf diplomacy, the more wrong it is. It will know later.”
Wu Jialong pointed out that the U.S. has proven time and again since Trump that it’s no use giving the CCP a chance and expecting it to change, “and now Xi Jinping’s speech proves it all.”
“Some say he is the chief accelerator, hastening the CCP’s demise. If anyone is going to pull the CCP down and bring it down, no one has done a better job than Xi Jinping,” Wu Jialong said with a laugh.
In the Boao Forum, Xi Jinping also once again pushed the “Belt and Road”, saying that the “Belt and Road” is a sunny road for everyone to move forward together, not a private road for one party. All interested countries can join in.
But a report published in 2018 by the Center for Global Development in Washington, D.C., shows that of the 68 countries participating in the Belt and Road project, 23 are heavily indebted and eight are at risk of high debt from future construction projects. The report shows that 23 of the 68 countries participating in the Belt and Road projects invested by mainland China are highly indebted, while another eight are at risk of high debt due to future construction projects.
In September 2019, anti-China demonstrations broke out in many places in Kazakhstan, and one of the demands was against the Belt and Road project. The demonstrators argued that the Belt and Road would plunge Kazakhstan into a debt crisis.
In April 2020, Tanzanian President John Magufuli stated in an interview that he would withdraw from the Belt and Road. He referred to the agreement between former President Jakaya Kikwete and Chinese investors to build the port, in which Tanzania had no right to have any input during the lease period, saying that “only a drunk would accept such terms”.
Many countries believe that the Chinese Communist Party is trying to use the Belt and Road to move towards a dominant position in global affairs and to establish a trade network centered on mainland China.
“The Belt and Road is the road to the netherworld,” said Wu Jialong, adding that “the U.S.-Japan alliance is entirely aimed at the Belt and Road. can unite the United States and Japan so closely is ‘One Belt, One Road’.”
Wu Jialong said the U.S.-Japan alliance has been escalating, and Japan’s role in it has become increasingly important. Initially, it was the U.S. that protected Japan, and after the Chinese Communist Party launched missiles around the Taiwan Strait in 1996, which triggered the Taiwan Strait crisis, the U.S. redefined the U.S.-Japan Security Treaty to expand the scope of application to areas around Japan where there are problems, and in this way Taiwan was included, “Now it’s 3.0, which is from the East China Sea, the Taiwan Strait, the South China Sea, to the Indian Ocean, to those island countries in the South Pacific, as long as The ‘One Belt, One Road’ involved in the scope, are the United States and Japan alliance to be concerned about the place, are Japan’s management area, this is the result of the ‘One Belt, One Road’.”
He pointed out that in addition to geopolitics, the U.S. and Japan have to cooperate on 5G to 6G, as well as semiconductors, “so that the world’s plan to unite to encircle the Chinese Communist Party can be realized is this ‘Belt and Road’,” Wu Jialong said.
The U.S. once wholeheartedly helped China develop its economy, decoupled trade from human rights, gave China most favored nation status, and then helped the CCP join the World Trade Organization as a developing country, but what Xi Jinping did made the U.S. realize that “as long as the CCP does not fall, the fruits of China’s economic development will be The Chinese Communist Party will suck it up and then make its one-party dictatorship and its totalitarian system.”
“After the collapse of the CCP, the U.S. will save the Chinese economy”, Wu Jialong believes that the U.S. will do what it did with the Nazis and militaristic Japan, first defeating the Nazis and then pulling Germany up again with the Marshall Plan, and first defeating militaristic Japan and then pulling up the Japanese economy with other programs.
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