9/09/2024

Global South choosing to be with China

 Not just Africa choosing China. South American countries, with some exceptions like Argentina, are choosing China as well. Same as the Middle East countries. Same as the Central Asian countries like Afghanistan, Pakistan, Kazakhstan and a few others. They have eyes and can see clearly the winds of change blowing across the world.

With all the rhetoric about climate change in their narratives, the USA and the West are targeting Chinese EVs. This runs counter to their narrative of supporting renewable energy stance and departing from fossil fuel that is contributing to climate change. It is all hypocrisy and nothing more. 

Forget about the claims of subsidies by the Chinese Government for Chinese EV makers. It is no more than the same modus operandi employed by the USA Government in their Inflation Reductions Act and Chips Alliances, which are all linked to massive subsidies thrown in to lure manufacturers to set up shop in the USA. The subsidies the USA Government throws at them puts the Chinese subsidies in the shade.

 So, it is a moot point to argue about unfair trade practices which the USA Government employed itself and blaming the Chinese Government for doing the same. Chinese EV manufacturers are able to compete so well because of the availability of cheap energy and well-oiled supply chains that they could leveraged on, plus cheaper labor cost, which the USA will spin as 'slave labor' if they have no other grounds to argue against. 

Anonymous

2 comments:

  1. Whatever happened to the narrative that Russia is isolated and have no friends? Whatever happened to the narrative that the Russian Ruble is becoming rubble, and Russia will collapse with all the sanctions? Oh, no, Russia is doing even better than the EU countries and will become great again. BRICS is expanding, which means Russia is having more friends in its fold. What a slap on the face of Biden, Johnson, Scholz, Macron, Von de Leyen and Stoltenberg.

    The biggest irony is that the EU is collapsing instead of Russia. Germany is sliding down into the sewers, never mind Olaf Scholz still strutting his stuff about providing more aid to Ukraine at all costs for Germany.

    Ukraine itself is even auctioning national assets to pay for the war, which indicates aid is hard to come by. Who is buying those sitting duck assets in Ukraine? Maybe Zelensky knows it is all over, selling everything, and taking all the money and running to his private island to live in luxury. That is provided the Russians are willing to let bygones be bygones.

    Despite all the game changing moves with fresh weapons, everything looks gloomy for Ukraine. Russia is advancing by gaining more territory while the Kursk invasion by Ukraine is being taken care of by other Russian troops moved from the Eastern region. It was a miscalculation by Zelensky hoping to lure Russian troops on the Ukrainian front to be diverted to Kursk and hoping to use Kursk as a bargaining chip to talk peace.

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  2. A draught player trying to outsmart a chess player. No big no small!

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