Take the buying of soya beans that Trump is trying to force his hand against China. China has already inked long term soya bean deals with Brazil and Argentina and is not going to backtrack on those deals just to please Trump. It is not going to happen. Just token moves to buy some soya beans may result, but China will not sabotage Brazil or Argentina farmers by pulling the plug. Brazil is a BRICS backer, a de-dollarization partner and support by China for Brazil is going to be a long-term move. Brazil's President Lula even said that his loyalty will always be to BRICS.
Anonymous
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Did China sell out the Russians despite all the pressure over energy? That has not happened yet and possibly never. The economies of Russia and China are now intertwined and highly dependent on each other. Having said that, China is unlikely or not going to sell out Brazil and Argentina just to please Trump whom China viewed as untrustworthy. Despite what is tentatively a consensus to agree, nothing is concrete yet, just grandstanding by the USA about China buying more soya beans. After all Brazil is a BRICS country, and buying soya beans is helping BRICS in its de-dollarization agenda.
China is watching what the USA does further down the road. Any escalation over Taiwan, drug issue or rare earth insufficiency will give China the excuse to tear up whatever agreement is made. For all we know, China may be setting another trap for the USA farmers to continue growing soya beans, not stop, before again pulling the plug after four years. The beauty of China is that it is the manufacturing hub of the world, as well as the pre-dominant market that everyone aspire to benefit from. China has the capacity to exert a push or a pull to suit the occasion.
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