By 2027, 1.2 billion Chinese will be in the middle class, making up one quarter of the world total.
China’s influence on the global middle class | Brookings
This is what the US means by China "warping the market." With such a huge middle class their consumer demand will utterly change the world economy, putting a lot of strain on supply chains and resources and energy. This, in turn, creates that stubborn "inflation" in the dollar as it loses its preeminence and Yuan begins to dominate markets. Suddenly the US's free lunch is gone and it's pissed.
Yeah, that's basically why US is in a panic right now. I get the impression that US leadership severely underestimated how rapidly China was developing, and did not understand the significance of China investing in poverty alleviation programs.
All the people in power are, themselves, deeply propagandized. I think they actually really believe that investing in poverty alleviation creates more poverty and have forgotten that was a lie they made up for the public. There are probably some smart psychopaths who know the truth still, but they can't exactly come out ann explain it anymore. The ideology is so entrenched the ruling class can't imagine anything else i.e. age of the sons.
"First, will the world be able to sustain such a large consumer class within its planetary boundaries?" indeed.
now its a concern for them??? Lol
At what cost? Gone wild