What exactly is wrong with nationalist socialism?

Please define “nationalist socialism”, so that I may respond to your question.

He now aspires to enable Chinese people to live in a world of what he and his ideological allies call “universal values”: liberty, democracy, and free markets.

Sorry, but liberty and democracy are not “universal values”. They emerged out of a group of people and now that group of people is losing their liberty and democracy because their elite believe these values are “universal values”. These elites want to control the world and in order to do so they have to sell out their own people…

Europe and America are dying because they have party based representative democracies. The problem with these types of democracies is that too many people put their personal identities with the party above the country. This makes these types of democracies too easy to hijack. The biggest problem is that one party always figures it can win the next election by “electing a new people”. You see this in almost all western countries but especially in the US, Sweden, France, and Great Britain.

China can make itself more “democratic” without repeating the problems of the west.

1. Ban political parties completely so that one party doesn’t feel like it has an advantage in betraying their own people.
2. Go with direct democratic system… with limiting suffrage to university graduates.

Look around you in America… the GOP’s nationalist capitalism is decaying and dying… and will lead towards internationalist capitalism… which will lead towards internationalist socialism.