PRC trade with Japan, S. Korea is also significantly down.

Is the PRC economy actually a big Ponzi scheme, requiring ever greater sacrifice from its working citizenry as well as accelerating exports to trading partners? We may be on the verge of finding out what happens when the world's most gigantic pyramid scheme implodes. Saber rattling, thumbing nose at US military, and ultimately invading Taiwan may all be part of necessary ruse to keep PRC population distracted from encroaching economic misery