CRITERIOS Con Pablo Medina Carrasco

The wall of China

In these times we live in, there are no morons. And the China of the Communist Workers’ Party is proving to be far stronger than many thought it could be.

By ignoring China, the European continent, and America itself, they gave it free rein and let it run wild and on its own. After the Cultural Revolution, the demise of Mao, and the extinction of the Lunatic Gang who ruled the Asian giant back in the late 1970s, that country has done nothing but grow, strengthen, and expand throughout the world. Thanks to Henry Kissinger’s thesis of lifting China up to separate it from the defunct Soviet Union, they built a monster without setting limits, a monster characterized by its cruelty. And long before the United States, it had been an Empire. The yellow peril is characterized by its cruelty. Just remember the COVID-19 pandemic.

The «reengineering» carried out throughout that society has placed the Chinese in the most formidable and efficient maquiladora in the entire world. From a people of peasants and cannon fodder for communist wars in Asia, they grew in less than a generation to more than 1.5 billion highly disciplined workers, willing to work anywhere and however they could, even for a simple plate of rice and a piece of dried meat.

Workers with no labor rights whatsoever; practically slaves. All under the shadow, supervision, and control of the Communist Party, which has not one cubic inch of compassion or respect for any known form of human life, China has transformed into a super-economic colossus with year-on-year GDP growth of more than double digits for consecutive years.

So today, in the midst of a global meltdown of the stock markets and all forms of investment of any size, the Chinese Communist Party’s mandate is to «watch over» all Chinese securities traded on its markets that are collapsing.

So, simply put either you comply, or you comply. There’s no room for «discussion» or for any «I don’t think so» from some fool.

Thus, to halt and reverse the collapse of stock prices in Chinese markets, seriously affected by tariff policies and possible US tariff responses, the Party has ordered companies under its control to buy back their own shares on the markets.

By any means, and at any price, Chinese companies of all types of capital are currently being forced by the Communist Workers’ Party to buy back their declining shares to «withstand» the price declines. According to them, they have enough money to buy back what nervousness is turning into salt and water.

Thus, while President Donald Trump calls fearful American investors, who seem unable to withstand the first wave of a trade war unleashed by the White House, chickens out, many of those investors in China have made huge profits thanks to the maquila imposed by the Communist Party.

The Communist Workers’ Party orders, imposes, and even finances, through its People’s Bank, the central bank in that country, as a rescue strategy, what they themselves have called the recovery of the «value» of Chinese companies that have been affected by this situation.

In short, it seems that the Chinese over there, in China, don’t seem to be the same Chinese who make fried rice and prepare lumpia to go in this part of the world. They seem to be different!

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