China has developed a passenger aircraft that matches the global demand for this size of aircraft. The Chinese plane is 20% cheaper than Boeing and Airbus planes while offering superior quality. The monopoly of these two Western companies in this industry is nearing its end. Whatever is made in China cannot be sold by any other country, especially developed nations with high production costs.
The Western economic model is designed to limit advanced technology and facilities to the elite, allowing the rich to exploit the poor. Before Chinese manufacturing, even a good radio or tape recorder was difficult for a poor person to afford, let alone a camera, which was merely a dream.
Then came China, targeting the lower class first. Initially, they produced substandard products but fulfilled the desires and needs of the poor as these products were affordable. From tape recorders and radios to cameras, every product that was once a dream for the poor became readily available on sidewalks around the world, thanks to China. While Western capitalism targeted markets of millions, China focused on billions and kept profits in cents rather than dollars, dominating shops and sidewalks globally. The cumulative profit eventually surpassed even the richest countries. Meanwhile, the quality of their products continuously improved.
The economic dominators of the world are now alarmed. China is producing everything at every level of quality at a much lower price than others, even manufacturing better microchips.
The economic predators built their economies by benefiting their elite; China built its economy by benefiting the poor. Today, even the rich depend on China.
For the last 25-30 years, we've read Western intellectuals predicting China's artificial economy would collapse any day. Meanwhile, America owes China trillions and struggles as companies flock to China. Why hasn't China's economy collapsed? Because China's consumer base is in the billions, while theirs is in the millions, or at most, a billion.
If this trend continues, in the next 30-40 years, Western factories will become silent, their machines will halt, and companies producing million-dollar cars will either relocate to China or convert their factories into chicken coops