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China's holding of one third of the world totally foreign reserves will be less useful when all countries start to hoard Yuan, even India now started to use yuan to trade with Russia...

lOl, you first claimed that China is suffering labor shortage and won't be able to find enough workers and now claim that people in China can't find jobs, you always contradict yourself. Unemployment is a worldwide problem, China , as the world biggest manufacturer, by and large, fares better...

https://www.google.com.hk/search?q=china+lithography+machine&newwindow=1&hl=en&biw=1920&bih=937&sxsrf=ALiCzsamj8p-e_-MV4jJJ-vd9vy72so7Zw%3A1657349922541&ei=IifJYoTaIJ2C5OUPwqaTmAc&ved=0ahUKEwiE85rLnev4AhUdAbkGHULTBHM4ChDh1QMIDg&oq=china+lithography+machine&gs_lcp=Cgdnd3Mtd2l6EAxKBAhBGABKBAhGGABQA...

High tech doesn't only mean chips and China reported has chip making machines and China's chip progress and development beats the rest of the world.

High tech industries, espciallly futuristic new industries are still flourishing in China, besides, the west doesn't have much high tech industries to start with.

Shoes and textiles account for negligible share of China's overall exports, they had long been relocated out of China to the countries like Bangledash

Global supply chain has never only had factories in China.

US Hypersonic Weapon Fails in Latest Trial https://www.thedefensepost.com/2022/07/01/us-hypersonic-trial/ US future missile tests suffered a lot of setbacks recently

China's BYD Pips Elon Musk's Tesla To Become Number One In Global EV Sales by Amit Mishra -Jul 8, 2022 05:27 PM +05:30 IST Shenzhen-based BYD sold 641,000 cars in the first six months of the year, 300 per cent higher than the year before, and ahead of Tesla’s 564,000. BYD — short for “Build...

Nobusuke Kishi, Shinzo Abe's Maternal Grandfather Who Served As Japanese PM From 1957 To 1960, Survived An Assassination Attempt

Russia invites China and S.Korea to invest in disputed Kuril Islands with Japan July. 7 2022 Russia's deputy prime minister has invited South Korean businesspeople to invest in a tariff-free zone on an island chain that Russia calls the Kuril Islands. The chain includes four islands Japan...

The Xian H-20 Bomber | Approaching the first test flight

Breaking: China to conduct flight test for aircraft of key 'strategic, historic significance' By Liu Xuanzun (Global Times) 09:00, July 08, 2022 An unknown aircraft covered in a blanket is seen in a recruitment video released by the Chinese People's Liberation Army (PLA) Air Force. Photo...

Russian demand for China's currency has surged 8x with ruble-yuan trading volumes at record highs BRIAN EVANS July 7, 2022 5:38 PM Russia's appetite for the Chinese yuan has grown eightfold since May 20, Reuters first reported. Russian President Vladimir Putin and Chinese President Xi...

China Uses Drag Sail to Clear Up Space Junk Successfully BY JESSICA THOMSON ON 7/7/22 AT 12:15 PM EDT Chinese space scientists have said they successfully used a huge space sail to remove debris from Earth's orbit. Announced by the Shanghai Academy of Spaceflight Technology on July 6, the huge...

Congrats. Role model for develping countries.

U.S. and China in new space race as journey to moon intensifies

Outpacing US At ‘Hypersonic Speed’, China’s Military Acquisition ‘5 Times Faster, 20 Times Cheaper’ – Top Official EXPERT REVIEWS July 7, 2022 At the zenith of geopolitical and military rivalry between the United States (US) and China that has led observers to believe that the two could be...

China Acquiring New Weapons Five Times Faster Than U.S. Warns Top Official “In purchasing power parity, they spend about one dollar to our 20 dollars to get to the same capability.” BYTHOMAS NEWDICK JUL 6, 2022 6:46 PM The Air Force officer responsible for all aspects of contracting for the...

Low end manufacturing will go to Xinjiang, Tibet , Qinghai.. before moving out of China.