They should invite China as the G7 guest, since China is now the leader of the liberal economic system.
They should invite China as the G7 guest, since China is now the leader of the liberal economic system.
it is not this or that ethinic. it is just well off people in time of economic crises and inequality will have to share greater burden.Just on time. Indians will get a taste of what it's like to be Chinese in the west.
Amid a complex and volatile global climate, the meeting chaired by Chinese Foreign Minister Wang Yi in China’s Anhui province, offers an instructive example on how to approach security problems, which is not only of practical significance to Afghanistan, but also important for the international community.
The irresponsible withdrawal of the United States and its allies from Afghanistan last September left more than 20 million people facing an economic and humanitarian crisis, with high unemployment, food insecurity and an ongoing pandemic
In the face of such a dire situation, China, Iran, Pakistan, Russia, Tajikistan, Turkmenistan and Uzbekistan agreed to work together to support Afghanistan through its transition, believing that the country’s neighbours should help provide a favourable external environment for its reconstruction. Such a mechanism has provided stability during a critical period of uncertainty.
I believe that is more about the timing of when to remove these treasuries to deal the most damage. Once the USA stock market crashes or the USA goes past the line of no return in regards to Taiwan, they would dump the entire treasury onto the market to crash the USA economy on the spot. It’s all about the timing and limiting the effects on Chinas economy but should the USA economy decline to the point of no return, the incentive to keeps those worthless treasuries will vanish. China now holds the cards needed to keep the European economies (due to all the German and other European companies having their manufacturing firms their now that Europe is rapidly losing the ability to produce at due to the gas sources required being cut down to near nothing) and the USA economy (due to all the manufacturing companies that are there right now) from falling into the abyss. Should Europe or the USA keep pushing China around, they could nationalise all these firms and cut the west out of the manufacturing market forever while Russia and China can cut off all resources to other nations that need them to give the west an alternative.This goes back to the age old question of "how?"
What can China feasibly replace them with that's reasonable?
China doesn't need need people on the internet saying they need to reduce US Treasuries and other USD assets, because they already know.
They have plenty of economists and macro policy makers way smarter than us and they would have found a solution by now if it was easy and does little harm to China.
Solomon Islands is getting so much love and attentions with more gifts coming just by leaking some documents. A lesson to be learn by others islanders.
In other words the U.S. can't and should not be able to have the foolish, arrogant strategy of being everywhere and anywhere to defend it's PRIMACY not interest because it'll end up without defending nothing.The Ukraine Temptation
Biden Should Resist Calls to Fight a New Cold War
By
April 12, 2022
Another cool head? Or is there some reflection going on? Is Ukraine winning? Would it be too lame too late?