Before the war started in Ukraine, China was already headed into a huge economic abyss. The Hang Seng tech index has dropped 61% from its top last year, while the Nasdaq Golden Dragon China Index of U.S.-traded stocks has fallen 68%. Now the city of Shenzhen, China's equivalent to Silicon Valley, has been shut down over COVID.
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Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.