President Xi Jinping makes it clear – the China Dream 2049 is about rejuvenation of China to its past glory. Clearly, the most recent 40 years tells us that China will likely achieve its goal. We will examine the six "traps" that could break China's momentum and derail the China Dream. Demographics, enormous debt, middle income, wealth disparity, migrant worker and farmer unrest, and the "Lewis Turning Point" are critical issues that the Chinese are all too familiar with. Further, China has no real allies and has never been able to feed itself. Clearly, the ambitious Belt and Road Initiative (BRI) could assure China the necessary natural resources to emerge as the dominant superpower. But the BRI could also become a massive overreach dragging down the entire Chinese economy. In this presentation we shall examine both sides of each issue. Of paramount importance, we will look closely at the possibility of hostilities between China and the United States – every conceivable scenario. In the end, we hope that we will have a clearer picture of what the future holds for China and – most importantly – our grandchildren.
Purpose: Learn about the China Dream 2049, what stands in the way and what this could possibly mean for our grandchildren
Facilitator: Mike Quinlan |
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