The beginning of China's deindustrialization?

[no more banksters]

Further evidence that China starts to follow the bubble neoliberal model, through a systematic, central planning. Official announcements contain IMF-type phrases like "structural reforms" concerning the economy, which shows a trend by the political elite to develop further correlation with the Western economic bloc.

The news are indicative of a probable intention by the central authority to lead the country towards a gradual deindustrialization, in order to meet the Western neoliberal model of the investment-bubble economy.

http://failedevolution.blogspot.gr/2016/01/the-beginning-of-chinas.html

[pampango]

1. Manufacturing employment has been falling in China due to the "hyper-automation" referred to

in the article, while their manufacturing output has continued to increase.

As hyper-automation seems to penetrate into almost every sector of the Chinese economy ...

It may be collapse of the Chinese economy or a transition to a service-based consumer economy like Europe and the West have undergone.

[no more banksters]

2. What I understand

is that China follows the path of the West which tries to retain an increasingly unsustainable model for the benefit of the financial and corporate lobbies.

[pampango]

3. One would hope that China would follow the model of Sweden and other liberal countries rather than

the US model which has benefited the 1%. Given the state of China's economy and its direction, I doubt that China will follow the Swedish model of deindustrialization and produce a strong middle class and fair distribution of income. It does seem destined to follow the US model.

[no more banksters]

4. I'm afraid it's true

But the worse thing is that this model is promoted rapidly by the elites through TTIP-type agreements and other mechanisms built by the lobbyists.