Interesting that the US Treasury Secretary Yellen was in China this week as all of this is playing out. I get the impression that the USA is starting to get very worried about the current shift and desperate meetings took place which were apparently a failure for the USA. Of course the media will never talk about all the above, the focus is on trade relations etc, but without a doubt all of these things are talked about by officials behind closed doors.
Yellen in China: Failure Was the Only Option | Opinion (msn.com)
Janet Yellen in China: ‘difficult conversations’ and an overcapacity spat put hopes for common ground in question (msn.com)
China are in the box seat now, thanks to all the USA own goals in recent years. All they have to do now is continue as they are economically and watch the demise of the once mighty.
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