this is what you get! And we Americans had better learn this lesson.
According to Desmond Shum — once at the head of a multibillion-dollar development firm that he left in 2015 upon tighter control by Beijing — sales across industries, even those thought to be insulated from any slowdown, are falling, and the economic outlook among Chinese consumers is so dire that executives are reporting blatant acts of theft by employees.
… “People talk about ‘deglobalization,’ but the proper term is ‘reglobalization minus China,'” Shum said. “You won’t have one country replacing China, but operations are spreading to Vietnam, Indonesia, Sri Lanka, India and elsewhere.”
