While much of the West is distracted by social justice theatre, identity politics, and left-vs-right shouting matches, something chilling just happened on the other side of the world: Four Canadian citizens—dual nationals—were executed in China. Their alleged crime? Drug trafficking. Their real crime? Likely being pawns in a political game played by a regime obsessed with control, not justice.
But the real story isn’t just about four tragic deaths—it’s about why the Chinese renminbi will never be the world’s reserve currency and what these executions reveal about China’s long-term trajectory.
Emotion Over Economics: The Fatal Flaw of the Chinese Communist Party
If you want to understand China’s economic ceiling, don’t look at its GDP. Don’t look at its manufacturing output. Look at its leadership.
The Chinese Communist Party (CCP) does not govern with reason—it governs with emotion. Fear. Control. Punishment. That’s how you end up with a nearly 100% conviction rate in the Chinese “justice” system. That’s how you execute foreign nationals with little due process and call it justice. That’s how you turn the global financial system against you—one paranoid decision at a time.
Property Rights Are the Foundation of Wealth—China Destroys Them
Communists hate property rights. It’s baked into the ideology. And China’s version of communism—“with Chinese characteristics”—is no exception. It might wear a business suit and quote GDP stats, but underneath, it’s still authoritarianism at scale.
Property rights aren’t just about land or real estate. They’re about human rights, legal rights, intellectual rights, and the very idea of due process. If a regime won’t respect its own people’s rights, why would global markets trust them to protect trillions in foreign capital?
The Renminbi Will NEVER Be the World’s Reserve Currency
Let’s get this straight: The Chinese yuan (inside China) and the renminbi (outside China) are not freely traded currencies. They’re politically manipulated tools used by a government that fears free markets.
Global reserve currencies require transparency, trust, and liquidity—none of which China offers. Investors know it. Banks know it. And despite the CCP’s global chest-thumping, the renminbi is treated like a regional token, not a global standard.
Why? Because no one wants their savings, trade agreements, or long-term contracts subject to the emotional whims of a centralized communist regime that silences dissent and executes foreigners without global accountability.
Democrats, Wokeness & Western Weakness: The Bigger Picture
This barely made headlines in Canada. Why? Because Canada’s media is dominated by left-wing outlets who know that publicizing this would embarrass their ideological twin, Prime Minister Mark Carney—or whoever Trudeau’s successor-of-the-month is.
This isn’t just a Canadian problem—it’s a Western problem. When governments put ideology before common sense, markets take notice. That’s why Donald Trump’s message of economic nationalism resonated with voters tired of symbolic politics. He didn’t promise utopia—he promised leverage. And leverage is what works in the real world.
The Communist Ceiling: Why Tyranny Can’t Scale
No matter how much money flows through China, authoritarianism creates a hard ceiling. When decisions are made emotionally—by people who worship government instead of God—you get stagnation, fear, and decline.
• Communists worship the state.
• Socialists worship false equality.
• Markets worship incentives and accountability.
That’s why the kryptonite of communism is a free market—especially one that gets rid of price controls and gives individuals the freedom to fail, win, or innovate without being crushed by state power.
Conclusion: China’s Not Ready to Lead, and the World Knows It
Executing Canadians in silence?
Rigging your currency?
Suppressing your people?
This isn’t the behavior of a rising superpower. It’s the behavior of a paranoid empire afraid of losing control.
Until China embraces property rights, due process, and free market transparency, the renminbi will stay right where it belongs—on the sidelines.