Quite a good assessment. China faces troubles of it's own making given a demographic collapse and a foolish CoV policy. That has caused many companies to shift work to Vietnam and India, some even to Mexico and the US. That trend may continue. That starves the government of revenue to build out their military further. OTOH, they already have a fairly strong, but untested, military. We do need to de-couple to speed that transition but I expect it will take a future President to see that happen. I think if Biden is re-elected the uproar will be unbelievable over the obvious tampering.
Quite a good assessment. China faces troubles of it's own making given a demographic collapse and a foolish CoV policy. That has caused many companies to shift work to Vietnam and India, some even to Mexico and the US. That trend may continue. That starves the government of revenue to build out their military further. OTOH, they already have a fairly strong, but untested, military. We do need to de-couple to speed that transition but I expect it will take a future President to see that happen. I think if Biden is re-elected the uproar will be unbelievable over the obvious tampering.