The US is bunging economic sanctions on China (eg witholding Chips/tariffs etc etc)
to stymie Chinese growth because it knows that if China continues on its current
growth trajectory that its only a matter of time before China will replace the USD
in international trade with the Yuan.
Any country in history that has run trade deficits and continuously accrued
massive debt collapsed and according to some eminent economists, that
once the USD is debunked as the international reserve currency that
the US global empire too will collapse.
So, IMO those who think that the Chinese economy will collapse and take
with it the CCP ought to think again IMO, because the longer that China can
avoid war with the USA, the better opportunity it has of displacing the USD
as the global reserve currency and with that the likely economic collapse of the USA.
Here is an interesting video on that very topic.
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- Chinese Economic demise..Wishful US Thinking?
The US is bunging economic sanctions on China (eg witholding...
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