The Chinese government has made five demands on the United States, including the cancellation of its chip exports ban and sanctions, during US Treasury Secretary Janet Yellen’s four-day China…
Again, you can’t just magic industry into existence. It takes time to create it. India is not a replacement for China, and it has a long way to go before it can do what China does. Meanwhile, China has no problems expanding because it’s directly investing into countries in BRI and BRICS.
Investment is nice, but when the yuan is worthless to the euro or dollar it means that investment can be easily bought. China not paying on it’s debts means the banks of the world devalue their currency. That means China has no purchasing power.
Again, you can’t just magic industry into existence. It takes time to create it. India is not a replacement for China, and it has a long way to go before it can do what China does. Meanwhile, China has no problems expanding because it’s directly investing into countries in BRI and BRICS.
Investment is nice, but when the yuan is worthless to the euro or dollar it means that investment can be easily bought. China not paying on it’s debts means the banks of the world devalue their currency. That means China has no purchasing power.
😂