The fact that China was able to have its own space station despite being forbidden to set foot on the International Space Station was a satisfying answer by China to the West that not everything China does needs to be dependent on Western technology. In fact, the International Space Station is largely a Soviet space project with participation by the USA. It was the USA that was instrumental in getting rid of the Chinese participation program on board the ISS. Where the USA is involved, it means trouble for China and nothing else.
The USA can never live with the fact that China can be a competitive entity in anything that the USA does. When Huawei was building its communication domination around the world, the USA and its allies like Ericson and Nokia realized Huawei was eating their breakfast, lunch and dinner and that resulted in the crippling of Huawei. Now, USA's 5G networks are still a joke and contenders still have to pay copyrights using Huawei's patents. Some allies that jumped on the anti-Huawei bandwagon have paid heavy prices just tearing down the infrastructures built by Huawei. What does not kill Huawei has made Huawei even stronger. It hurts for sure that Huawei did not collapse.
BRICS de-dollarization program has been brushed aside many a time as just an irritant and could never move forward against the mighty US$. Why is Trump making threats against countries joining BRICS or should I say joining the de-dollarization move? If it is harmless, just let it fail. The fact is China does not invest in something of this magnitude to fail. It is a long-term strategy that China is famous for. The results may not be apparent on the surface, but the foundation and motive is getting stronger and more targeted and Trump knows it.
What can we surmise from Russia and Iran selling oil in Yuan? Both are BRICS members, oil exporters and have a big say in the oil trade. Do not underestimate what they are doing by undertaking de-dollarization moves that should worry the USA.
Anonymous
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