Basically the multiple failures of the Chinese Criminals Party is what the underlying reason for all such insecurities.
1. BRI has spectacularly failed and collapsed.
2. Export led economy is failing and there are hundreds of thousands of people scavenging for jobs. The CCP virus has collapse several big city job centers, rendering record urban unemployment.
3. The massive floods and natural disasters has made China food insecure.
4. Total loss of wealth and a PR disaster in HongKong.
5. EU-China FTA no more. Australia-China critical raw material relationship in the toilet, which led to severe shortage of iron ore and coal.
6. Mounting non-performing debts due to real estate corruption and poorly built buildings.
7. No more scientific thievery possible from the western countries. And a complete disaster as the US no longer allows children affiliated with CCP or PLA to pursue education there. The US hit where it hurts - basically ostracized the elite CCP members and PLA generals.
8. Japanese have aggressively moved to shift trade relations away from China.
9. India , with its scale and an established manufacturing presence, is emerging as a serious manufacturing threat to China.
10. Complete failure of foreign policy and smart politics - antagonizing a power like India with a failed invasion attempt, when they should be doing everything to ally with India. The wolf warrior approach, which brought global shame to all Chinese, should be written as a case study on how not to conduct diplomacy.
11. The 100th year of founding of CCP was such a flop show and a stupid event in the middle of the panic.
Given so many catastrophic failures, the criminal CCP now finds itself under massive pressure to show that it is still the boss to the millions of Chinese peasants and serfs. So, the old communism is back again to brainwash the masses into thinking that the CCP is cracking down on inequality, and therefore are the protectors of the hundreds of millions of poor masses. So, all this crackdown on the wealthy so as to not allow display of wealth when the hundreds of millions in China are scavenging for food and jobs. The CCP's new slogan is "the rich are our bitch." At the same time, the CCP was shitting in their pants about losing power to the billionaires and elites - who can technically finance a revolution to put in place a system that they want. Hence the forceful membership of CCP for the ultra rich. This is similar to what Mohammed Bin Salman did in SA. Dont let the rich finance a revolution to overthrow you and at the same time come across as protecting the interests of the poor masses.
A cornered animal like the CCP lashes out in unexpected ways. So, all countries need to watch out. Or, they will retreat into the old shell of communism and stay very very quiet and disconnected from the world until they can start wagging their tails again. Either way, the rich are toast and better be prepared for spending significant amounts of time in labor camps.
All such paranoid crackdown of the rich and elites means the CCP expects a new revolution that will overthrow them to be imminent. And I think the Chinese are now more educated and aware of their rights and aware people naturally dont allow monsters like the CCP to hold onto power. So, expect a massive revolution soon that will shake China to the core and usher in a new decent system there. CCP's days are numbered. And they know it. No amount of parades and crackdowns is going to prevent that. The peasants and serfs are becoming aware and rising up, despite the giant firewall to keep "impure" thoughts out.
