The other day,
Pawal7777 was talking about recession hitting CANADA, and that's how other countries are having one difficulty here and there economically. So my point is, what economical indices is china adopting to keep their economy afloat?
The strength of the Chinese economy cannot be explained without returning to its historical process since its liberation from Japanese colonialism during World War II. Under Mao's leadership, China adopted many economic models that were inappropriate for the country's specificities. These policies were a blind imitation of the policies of the Soviet Union, and when Brezhnev tried to dissuade them from implementing them, they accused him of revisionism and continued with a policy that relied solely on agriculture and steel production, which led to a famine that killed more than 50 million people. This is only one example of the decline that the Chinese economy suffered from for decades before it realized the best way to build a solid economy based on diversifying resources and encouraging free productivity under planning by the state (the ruling party), which transformed communism from a closed theory into an open policy resembling imperialism. . This is since China is interested in opening new markets, but not in military policies.
You've outlined the historically trajectory of the social political activities that has enveloped overtime in china, however a policy looks like in the theory, if it is not physically manifesting then that theory is just existing in the papers, from what you just outlined, it shows how they've overtime develop policies that are human oriented and that can expand their economic base to what we currently see in this present time.
the economy of China will not grow if they just manufacture different kinds of products that the companies owned by other countries like Apple or Samsung. growing rich means that people will also demand something more. thus the introduction of the Belt and Road Initiative (BRI). they invest not just inside their country but expand. they invest in countries where they build their trains from China to the West.
they grew their influence from Kazakhstan going to Turkey and will probably reach to UK if no resistance from other parties. they mean business with their policies that why there was no resistance against them in Africa and even in the Middle East so they also improve the lives of those countries they expand.
All of this falls within China's policies to open up to new markets capable of meeting the needs it asks for in order to secure coherent internal production. At the same time, to impose economic hegemony, given that winning markets in the new world is based on an economic base, and military intervention is no longer effective in securing new markets.
This strategy was not adopted by China alone, but by almost all non-colonial powers that cannot abandon the policy of openness and at the same time do not have the qualifications to fight military wars whose losses may be greater than their profits, and in the end nothing is guaranteed.