Hmmmmm I think China is mainly interested in protecting it's leadership team and therefore the party.
Not sure it has grand plans globally - over it's long history when it has often been the most powerfull global nation it hasn't really taken an aggressive stance
More defensive I suspect.
On the credit cycle I'm with Club Sharer. Trillions pumped in to stop the depression we nearly had. Only way I know to get surplus liquidity out again is higher interest rates. With 8%+ readily available now it could be 11% in a years time. I'm already directing all dividends etc to cash.
Luckily the Chinese have got 20 years to go and India's just starting
