Actually a better way to reduce consumption is to increase the interest rate on savings, so people will pull money out of leisure purchase and save up instead, and the increase to loan interests will reduce the willingness of people to go into debt for leisure items. US have some of the world's lowest savings interest rate and you need to fix that.
Maybe they have low interest rates but it seems to me like it's just kicking the can down the road: people save in order to buy something, and now they will have more money to spend. So either inflation or market growth and more consumption. Perhaps another war to force some African country to accept the excess USD for their oil

Basically, it looks like you say there is a problem because US produces too much USD and you want to solve it by producing more USD.
European nations are not happy at all about this. Because America is again messing in this part of the world and it will be Europe who will pay a high price.
If you are speaking of migration, speak for yourself. Germany says they need a quarter million immigrants per year for half of this century to meet their economic growth targets.
I guess France and UK ought to be happy too. In fact, it was France that rushed to overthrow Muammar Gaddafi before NATO and USA, even though he threatened that his regime is the last thing preventing massive undocumented migration from Africa to Europe. Clearly that didn't stop them.
The 3 items mention are just examples of how planned and smart the Chinese government is. The plans are clearly long term (many decades - not years)
I’m not taking any sides on the argument - i’m a realist. China is smart and thinks further ahead than most western countries are currently capable of. And that capacity for planning needs respect - But the western world needs to start to take action to survive.
Western democracy is completely retarded, voters have no clue what's going on in the world and get distracted by bullshit nonissues, politicians only look forward to the next election and the only agents with any long term strategy are companies, think tanks, lobbying groups, millionaires and secret services, all of which obviously operate in confidentiality and don't coordinate with each other.
That western countries would dictate any moral issues is just plain laughable.
That Western countries would build dependence on communist regimes is laughable.
When WWII happened China was mired in a long running civil war but both sides united to fight the Japanese. The Communists were the stronger side but America was helping the Kuomingtang and did not want the Japanese surrendering to the Communists so they stalled while they could help the Kuomingtang troops take over parts that were in possession of the Communists.
After the Japanese were defeated and expelled the civil war continued with America on the Kuomingtang's side. The Kuomingtang was defeated in the mainland and retreated to Taiwan with all the loot they could take.
American intervention in China prolongued the civil war.
The "Taiwan problem" is entirely of American creation. If it were not for America Taiwan today would be a province of China.
They only thing they did wrong was losing this war.
And of course communists too were supported by various shady interests from the Soviet Union and US.
Communism in China killed more people in time of peace than the civil war and world war 2 combined. Probably set their industry back a few decades too because why not. Same happened in Eastern Europe, Cambodia and likely everywhere communism was attempted. Communists should be nuked from the orbit wherever they appear.
I don't think there is a "Taiwan problem". Taiwan seem to be happy with their independence and more developed than mainland China.
It is not whether the west that can make long term plans, it is whether the west can stick to a plan after it is made across political shifts. Take Obamacare for an example, the second Republicans took power they start to dismantle it. With this kind of political aggression in place, why bother with long term plans when they ain't gonna stick after an election?
This is democracy in action.
As is well known, democracy is a system where two men and one woman strangled on a desert island can hold a legally binding vote over legalization of rape.
Or a system where whoever gets 60% seats in the parliament enjoys total power for four years and pushes reforms rejected by 40% of society not expecting the balance to flip later.
Democrats in America got so used to success that under Obama they weren't even trying to maintain any consensus. They were so confident that they themselves reduced the vote threshold for Supreme Court confirmations so that it doesn't hold their progress back, of course we know the outcome.
America is actually a highly entertaining country if you live somewhere where their politics don't have that much influence on your land.
You guys should be striving for independence from US and thank Trump for warning you.
And live under no illusion that the EU is any different. The leadership is exactly equally "democratic" and arrogant. The EU is heading for a disaster.