Dickson C. Igwe

In 1980, when US GDP was 10 times larger than China’s, no one had a problem with China. American capitalists were happy to plunge communities in their backyards that depended on factory and blue-collar type work into poverty and hopelessness as they outsourced manufacturing to China and Asia. This was the start of the rise of the 1%.

These self-obsessed narcissists and titans of the Dollar never expected a Chinese superpower. They were happy with China as a workshop that made the goods that enriched their families and kept inflation in the USA under control.

However, China is not the USA. It is an older country, 5000 years old, with a vast population and a highly disciplined culture. While the USA consumed China-produced acquiring critical knowledge in the process.

In 2016 or thereabout, the USA began to get nervous as China’s GDP was growing swiftly and its Chinese Communist Party was investing in its military. By 2016, China became the world’s second-largest economy after the USA, with a GDP of
$11 Trillion.

By 1980, China had adopted a market economy just as the USA desired. However, by 2016, the USA was worried at China’s rapid growth in power. China had become the World’s factory, lifting a billion of its people out of poverty.

Empires dislike a rival.