You see them announcing long term goals and going on giant infrastructure projects, which go on to be under used, poorly built e&.
China has serious structural issues that the CCP is trying to hide. Massive food, drug and alcohol fraud hurting people (fake alcohol is a HUGE issue). Riots, mass stabbings/attacks, economic slowdown/hardship. All of which the CCP covers up because foreign media can't easily penetrate, and the CCP control the domestic media/narrative.
China is a house of lies, they're essentially trying to fake it until they make it.
Now, the long term taking stake in foreign entities, that one... that seems smart on the surface. As to what end, dont know and without a long form of discussion isnt practical to talk about here.
House of lies... eh, barn full of horseshit if you ask me... but even horseshit has its uses... and flies. So many fucking flies. I hate horses.
That and dude yea, the mass stabbings are insane over there.
When you have an aging population, the young need to take care of them, and when the old outnumber the young that tends to result in angst as the young are not as well off as those who came before them.
My view is based on ex-pats who've shared their experience and did pseudo journalism there.
Those are the people that inhabit the territory. Don't attribute them all to a single party and to the same set of moral values that the party proclaims. One day it can turn out that their government is a joke, as it had happened before with USSR.
Personally, I wonder whether a UBI in a developed country could work to essentially lower their external 'trading costs'. Try to change their thought processes at the margin. i.e. Make the local goods and services out compete the foreign goods/services through moving local costs not observed in foreign goods/services to localized costs. i.e. Maybe a person making a UBI would be willing to do a job for (X+U) - where (X+U) is their reservation price, X is the foreign price, and U the UBI.
Edit-flipped signs
Until the rest of the G20 distributes their goods sources to both internal and other external locales, China won't get a meaningful sanction anytime soon. The average "moral" person may say we should all do the right thing no matter the economic outcome... when push comes to shove, they back off that real quick. You can only calmly walk the high ground if someone bled before you to take that hill.
Your proposed action would put millions of Chinese at extreme risk. "Potential negative economic impacts" isn't some vague reduction of profits, it's the poor having more limited access to what they need to survive.
There’s 1.3 billion Chinese. Their government is capable of being infinitely more organized and long thinking than just about all the others.
Maybe a world war could curb the inevitable sans nuclear weapons. With nuclear weapons...
Perhaps if the smaller trade blocs all rejected vehemently China along with the major it’d be a stronger position. Say in reaction to such actions. The large trade parties could help this by investing with infrastructure and other such programs in those countries.
Possibly hoping for the Chinese people to change their form of government from within is the “nicest” option.