Here we go again with yet another chicken little analogy from you. Another Xi Jinping is to blame for American belligerence and aggressive move. Gtfoh clown. China isn't America and it's not trying to become one. You keep harping on vacuous and inane statements like really? You're sounding like an FGL cultist.
Just his baseless accusation bed on his western "gut" feeling. That's all the evidence you need.
Tencent, Alibaba, Kuaishou, ByteDance, Pinduoduo, etc. all of them will see businesses banned. He won't ban them all at once but he will start chopping off their fingers and arms under the guise of "regulation" and "anti-monopoly" and preventing "unbridled growth of capital". He will start putting on huge fines and punishing anyone who is too successful abroad, under the guise that it is not in the spirit of "dual circulation." He won't go back to 4G but he will stop China from getting to 6G. The West will get to 6G before China.
Wrong, being a millionaire in the US is nothing. With the way the Fed is printing money so many people became millionaires overnight. One million in the US doesn’t get you very far compare to other places. You need many millions to be in the club.
Unfortunately if you replace the word China with America it would make more sense.
At this point the Fed is just monetizing the debt while China is reducing leverage. More investments are going to China, smart people know where to place their bets. By the way becareful out there unlike in China you might actually be assaulted or be killed for being Asian.