China's thinking had always been - 'live and let live'.
That is why interference in other country's affairs is not a priority.
China could have exerted control over countries since the days of
Admiral Cheng ho. Even Mathathir knows that period of history and what
the Portugese did by comparison.
USA's thinking had always been -
'We live to make you die for us'. That is what is happening in Europe.
And that is what is going to happen to ASEAN, South Korea and Japan.
China will pay back South Korea and Japan in their own coins when the
time comes. Retaliation will be calibrated to reap maximum pain. It
would not be on the spur of the moment. Chinese believe that taking
revenge ten years down the road is never too late.
China must
change its thinking and it is not too early, I should say. Janet Yellen
is visiting China again, uninvited, on the pretext of repairing and
managing ties. Nothing is further from the truth and is all 'theater'.
It is about asking China for help to buy USA debts. Nothing more,
nothing less. They can fool the Whites and those at home, but not
Chinese leaders or those that can read between the lines. If China
relents, USA leaders will again turn around and spill vile and continue
with poisonous outburst. They did that after Blinken's visit. That they
did not do it prior to the visit does not preclude their doing it post
visit.
China must not forget what the USA did after the Lehman
Brothers financial crisis by helping the USA. What did the USA do to
China after that? Nothing that happened spells repaying helpfulness with
kindness, but instead rewarding China with visciousness, ungrateful
behavior and accusations. It was all the direct opposite of what Asians
would expect. Asians, particularly the Chinese, are not as backward as
the days of laundrymen and cooks. Those days when they just take
injustice without response is long gone.
Anonymous
China must not only refrain from buying more USA treasuries, but must instead dump all that it now holds.
ReplyDeleteRemember that during the COVID19 days, calls have been made in the USA to seize China's then trillion dollar holdings as compensation after inventing the accusation that China was responsible. That it was not done could be the reason why Janet Yellen is still visiting China today, in the hope that China is still useful in that area, and it would be unwise to kill the goose that is laying the golden eggs.
China must remember that those hardcore neo-Cons in the USA, by having such thoughts, will one day do it when relations get worse, which is happening, so dumping all treasuries is a wise move right now and also the right time. Dump and invest in more gold!
Yellen is in China to threaten China to buy more Treasury bills. If China refuses to buy, they would not pay up and let the Treasury bills turn to toilet papers, meaning China would lose everything. And there would be more sanctions against Chinese companies.
ReplyDeleteChina must buy Treasury bills to pay for American bases and forces to threaten war with China.
China must quickly dump all Treasury bills it is still holding.
In the games of American Football, Blinken went to China is a touch down. In the mind of American it is USA 1 China 0.
ReplyDeleteIf Yellen successfully visit China, it would be another touch down, USA 2 China 0. China should not play this American games. If China want to play the games, China should meet USA in the middle neutral ground. USA can't said they had a touch down. Score: No Win or Win win. Both sides save faces. As long as any American officials touch down in China. China would lose face and seen to be weaklings in the eyes of others.
If the USA do that, it is goodbye to its reputation for good. That is a 'red line' for investors in USA Treasuries, touted as the safest investment.
ReplyDeleteTake away that assurance by seizing or turning them into toilet papers is as good as turning the US$ itself into toilet papers as well. And it does not need de-dollarisation to kill it. The USA knows it, and it knows that China also knows it. Which is why China is still holding on temporarily its dwindling war chest.
Do it USA and see what happens? Japan and the UK will suffer as well when their treasury holdings, at No. 1 and 3 turn into dust. Both are tettering on the verge of collapse at present.
China is not that blind to what the USA is doing. China is playing a game that is making the USA leaders more shameful by inviting themselves, shamelessly, to China and being treated as unwelcomed guest. China's treatment of those they invited and those that invited themselves is as clear as day. China is unlike Taiwan that invites USA leaders to visit by paying them exhorbitant amounts of money. Now that is shameful.
ReplyDeleteThe whole world knows that Blinken invited himself and Yellen also invited herself. Does China lose any face doing that? If you go into someone else's home uninvited, and is not given decent treatment, is that what a winning feeling is like. I think not! It is shameful.
Blinken and Yellen invited themselves to China without China paying them a single cent. How much did Taiwan paid for those creeps to visit Taiwan to do nothing useful but a photo shoot? And Taiwan had to beg them to visit and paying them what they demanded.
ReplyDeleteChina did the right thing by cancelling the visit of Borrell from NATO. It would be a waste of time talking to him, whose intellect is the same level as Biden.
Trump was the one that did the most damage to US/China relationship and Joe Biden just made it worse. These two will have to take the most blame for destroying the already fragile US/China fragile relationship existing before. Of course it was starting to fracture when Obama was in the White House, but most people never expected to see the relationship going downhill so fast.
ReplyDeleteDuring the 2008 financial crisis, China bought massive amounts of US Treasuries to help the USA weather the storm and steady the ship. But over the years, China realised that the USA only showed ungratefulness and treated China as an enemy to be destroyed. Trump created the biggest anti-China rhetoric during his term, orchestrating a trade war that was to lead to USA's citizen viewing China as enemy Number 1. There was to be no turning back after that.
China is beginning to play hardball with the USA after all that Trump and Biden did, and are still doing during their Presidency. With new Chinese leaders taking a more hardline approach to issues with the USA, it becomes more and more difficult for them to see eye to eye. It used to be generally give and take on issues, but had descended into confrontational in approach in Anchorage, Alaska.
In the midst of all this, it is basically near impossible now for Janet Yellen to persuade China to help with buying more US Treasuries, which is her actual mission, with many saying that this present visit realistically is nothing about repairing relations, which is not the paramount reason for her visit this time around. Begging for help would be putting it too harshly, but persuading the Chinese to help would be putting it mildly.
Rogue Trump did a lot of damages by starting a racist anti Chinese and hate Chinese paranoia in the US. Once this demon is released, the racist Americans would just hate Chinese and attack Chinese.
ReplyDeleteHope China would not be stupid again to listen to Yellen and buy more American debt just for the Americans to attack China all over again. Let the US collapse on their own problems and stupidity.
China will be committing self destruction if they are stupid enough to lend a helping hand to the evil Americans.