Shanghai Cooperation Organisation (SCO) and Global South strategic cooperation
- Thread starter Strangelove
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Australia's issue steems from paranoia because if you look at the map and with Australia's natural resources everyone would assume that it is an easy take because Australia is so hard to defend due to it's size and terrain.
Due to China's rise the aussies are convinced that China will have Australia high on it's agenda because China wants to control the rare earth minerals and Australia generally has alot of recources. The aussies made a big deal out of China-Solomon islands deals and talks. They are panic'ed and scared to death. All the QUAD stuff was to easy Australia but it never did because Australia understood it meant nothing.. Still the aussies are convinced of China moving into the pacific and in the nearby islands
The more I look at Iran the more I am reminded of India.
Exactly. China got far more return from the Arab world than Iran in the past decade，numerous construct project（Chinese companies got billions of dollars of contract from Qatar world cup alone），large weapon sells. And unlike Iran who acquire Chinese weapon and make their own copy，Arabs don't reverse engineer Chinese weapons，they just buy more from China if they need it.
Arab are much better customer than Iran
US elites are not taking this Saudi news too well
also a few more interesting points
This is the first step in a longer shift. I think they discussed this in the joint statements. Being worked on since 2019
also a few more interesting points
Right you need general RMB cross border payment, Yuan clearing facilities, currency swaps and such. More of them in Middle East to promote the greater usage of Yuan in these trading. You need to have Saudis actually spend more of their Yuans. Just holding a bunch of RMB does no good. China need to allow countries to actually invest that money in local bond market and stock market and such.
This is the first step in a longer shift. I think they discussed this in the joint statements. Being worked on since 2019
I don't see anything special. Most of the them are principles that China does not object and can not object, like stability in various countries, safety of civilian such as in SA. If the host ask for, there is no excuse to refuse. But agreeing with the universal principle is not taking side.
Agreeing to right principles does not equate to siding with someone. Otherwise, China respecting Ukraine's sovereignty would have been interpreted as anti-Russia and siding with Ukraine, but we know the truth is the opposite.
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Well, Iran can get a nuclear weapon soon if they want. But they simply don't do that. They just want some diplomatic leverage. How many years has Iran been enriching uranium? At least a decade. Iran should have . And they are still not making a real one.
Again, China is claiming itself as protector against Saudi's enemies. Who has been attacking Saudi infrastructure? it was not a simple statement to make. When you take the role of protecting GCC countries, you are stepping up your game and picking Sunnis ahead of other players in the region.
A lot of business got done. Dwarfs the initial claim of just $29 billion. In fact, I was surprised how all encompassing it was with all the signings and such.
I think the entire Yuan oil/gas thing was worded in a way to make it sound like a ask rather than an agreement is because the system is not ready yet and Saudis don't want to take the full incoming from Western powers. Over the next couple of years, there will be a lot more military exports (which America is afraid of) from China to GCC countries as well as other high tech exports. Similarly with Algeria, Morocco and Egypt probably. This is just the start.
