Succession struggle will lead to chaos: Rex Wang
By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – A century of authoritarianism with rising nationalism and an
emphasis on central control will eventually lead to a power struggle for the succession which will destroy China, former Taiwan News editor-in-chief Rex Wang (王世榕) writes in his book “China Will Collapse in 2031.”
In his work, the former Taiwanese envoy to Switzerland relates how China now relies on “debt imperialism” to expand its power and influence over other countries. After Wang’s book was published, a similar analysis was made by United States Secretary of State Rex Tillerson, who accused China of practicing a new form of colonialism by making other countries reliant on its investment. Local economies suffered in the process, and Tillerson compared the practice to the European colonialism of five centuries ago.
On the surface, the Chinese loans and aid were unconditional, Wang said, but in the end they had a negative influence on the local workforce, provoking more and more protests in the countries supposedly benefiting from China’s economic influence. [FULL STORY]