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After 40 years of firsthand experience: China has no future to speak of.
Economic pillars are collapsing one by one—real estate, finance, education and training, photovoltaics, gaming... The rise of new energy and the internet is only a matter of time. How long can BYD's model survive on its "low human rights advantage"?
High-tech sectors (AI, robotics, space) are completely lagging behind, losing money and just making noise.
The root cause: Red terror + cultural isolation, official and workplace stagnation, no one dares to innovate, big companies lack humanity, and external efforts are a total failure.
If new energy fails, there will be an employment avalanche, chain financial failures, and social unrest is imminent.
Yet, there is no self-reflection, only a reversal to wolf warrior tactics, pseudo-history of Nazis, and nationwide espionage hunts—humanity’s most foolish self-rescue methods.
The outcome: optimism is a garden of consumption, pessimism is a Mao/Zhao-style regression.
From an overseas perspective, the illusions inside the wall are still widespread.
The decade of upheaval has arrived; without deep political reform, there is no solution.