U.S. Secretary of State Antony Blinken has arrived in Beijing on a high-stakes diplomatic mission trip to try to cool exploding U.S.-China tensions that have set many around the world on edge. Prospects for any significant breakthrough on the most vexing issues facing the planet's two largest economies are slim.
They’re the two largest landmasses on the Earth’s largest continent. And Beijing hasn’t favored Russia so much as it has remained neutral.
Idk. They’ve got the plurality of global industrial capital. They’ve got an enormous labor force. They’ve got an economy that’s still growing while everyone else is shrinking (outside the FIRE sector). They’re leading the charge on Climate Change, education, and health care technologies. And the BRI threatens to upend the entire post-WW2 flow of trade.
There are other BRICS states that are arguably growing faster, but mostly because they’ve got so much undeveloped territory to expand into. China’s plucked all its low hanging fruit and is firmly a global leader in virtually every field.
Just the TPP all over again. Nevermind that its a non-starter in the Senate. These plans are just financialization gambits. One more stab and inflating a new debt bubble and calling it growth.
Even if we did get the IPEF, we’d just be reinventing 20th century industrial capital for the third time in 50 years.
And that’s assuming Pacific states could plug the hole created by all our sanctions on China in the midst of surging sea levels and storms.
This is Nuetral to who a landmass appreciator?
Mishustin later met President Xi Jinping, while Li added that China and Russia’s “practical cooperation” has continued to develop steadily, with the bilateral trade volume having “increased significantly” by more than 40 per cent this year.
That is dependent on exports! If everyone is importing less or alternating suppliers, they get slumped. They have a short-term drag with high youth unemployment right now. Not saying it can’t be resolved but it doesn’t help. Not to mention they have a big issue in their property market that is still being shorted out.
The leaders in green energy somehow can’t stop relying on Coal. Whatever on the rest of that nonsense.
Suuuuuuuuuuuuuuuuuuuuuuuuuuuureeeeeeeeeeeeeeeeeeeeeee!
Get back with me on what common currency they can even decide on and if China would take that responsibility & risk.
I’m done the rest is too silly.
Not sure what that means
Americans squeeze one end of the tube and China gets a fat dollop on their end.
Russian exports are trading at an enormous discount.
Someone gets slumped, certainly. But during the last two recessions, China still outperformed the globe. And, again, without using the FIRE sector as a crutch.
You seem to have China confused with Germany. China is leading the world in nuclear energy facilities. Coal is in the rear window.
I’ve got more faith in the BRICS than the EU in answering that question for the next generation.