China made "a threatening jab" at Taiwan recently. A large number of Chinese warplanes flew close to the island nation. Was I concerned? Was I fearing an invasion and a second Ukraine war? The answer is no. The reason is that a major Covid-19 outbreak is crippling China. An estimated 250 million people are infected. Health experts project one million Covid deaths in China within the next 90 days. Imagine how many Covid-19 deaths we will have one year from today in China.
Let us step back and look at the
big picture with respect to China. Elena and I spent several weeks in China in
2008. It was a wonderful trip. We got great treatment from the Chinese people.
While on a river cruise along
the Yangtze River, we made an amazing discovery. China is two countries. Along
the coastal areas where most of the big cities are, some 550,000,000 people
live. This part of China is a modern first-world country. With the right amount
of money, one could enjoy all the same creature comforts and technology, one
would find in the US, Canada, Europe, etc. In the interior lies a poor Third
World country with roughly 750,000,000 people. The average annual income per
family is in the range of $1,500 US. To the credit of the Communist Chinese
government, they have done a great job of lifting many of these destitute
people out of poverty.
We got a good
introduction to the Chinese healthcare system. There are two
parallel tracks here. You have traditional Chinese medicine that includes
acupuncture, herbs, and traditional remedies. (This is not completely
"voodoo medicine." Some of the remedies work.) On the other track,
you have what I would call a Western medical system similar to what one would
find in any advanced country. Unfortunately, the salaries of primary care
physicians are quite low in comparison to salaries in Western countries.
It is hard to attract good people into the medical profession. There is also no
emphasis on preventative care to treat health problems early before they
become chronic diseases.
China has another surprising
major healthcare challenge. Prosperity has brought better food to many people.
Just as in the US, China now has an obesity problem. It is estimated that
some 350,000,000 Chinese people are obese. Diabetes, hypertension, and other
problems associated with being overweight plague this society. These
people are always more vulnerable to bad outcomes if infected with
Covid-19.
When the Covid pandemic started,
I was always skeptical of the statistics that China was providing to the
World Health Organization. Elena said their form of totalitarian government
allowed them to quickly lock down people and stop the spread of the disease.
I pointed out to her the
750,000,000 people who lived in Third World China. My theory was and still is
that there were massive deaths in this part of China never reported to
international authorities.
Now we arrive at the Covid
situation in China now. As the old saying goes: "The cat is out of the
bag." The whole world knows that China has a massive Covid-19 problem that
is only going to get worse. They continue to rely on Chinese-produced vaccines
that do not have the efficacy of Western vaccines. There isn't an
aggressive vaccination program. The healthcare system does not have the
capacity to handle the massive number of infected people that will come.
There is going to be a
high level of death. It will be a humanitarian crisis. Factories will close
(The Tesla factory in Shanghai has already closed.) The Chinese economy will
suffer grievously. Supply chains will be disrupted. If you need parts made in China,
you might get a big shock. I will close with these prophetic words: "This
is not going to have a happy ending."
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