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.
Anonymous
1 comment:
China has its credibility to uphold, which is more important than just trying to please Trump. Why try to please Trump when the man is out to destroy China? Makes no sense, defies all logic and gaining no advantage.
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