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
4 comments:
Several old myths have been torn to pieces over the Iran War. A few are worth repeating.
First myth is that expensive weapons will always win no matter what happens has now been torn to pieces by Iran, a precedent that China will undoubtedly take good note. Iran has proven that cheap drones and missiles can also do a good job against top end weaponry. One interceptor cost five times or more to take down one cheap Iranian drone. And it is honestly highly optimistic to suggest that only one interceptor will be fired to take down one incoming drone. For the same price, Iran can fire five or more drones, which will in turn specify that the USA needs to fire five interceptors to take them down. Calculate the math.
Second myth is that aircraft carriers will always be used to project power has been proven and obsolete idea by Iran using cheap hypersonic missiles and drones, so much so that aircraft carriers have now turned into sitting ducks, having to stay far offshore carrying fighter jets that are now unable to take advantage of close to shore take off and return. In other words, the projection of power advantage delegated to aircraft carriers is no longer achievable and could be lost for good. More so, when the reach of hypersonic drones and missiles keep increasing. The USA was reported to have predicted that Iranian hypersonic missiles were not capable of going for targets more than two thousand kilometers away. The shock came when Iran showed its threat by firing two missiles at Diego Garcia, four thousand kilometers away. So much for the much-touted USA intelligence.
The third myth being broken to pieces is that blockading the Straits of Hormuz is going to strangle China over Persian Gulf oil. Iranian oil can still enter China by rail, still paid in Yuan, while Russia has assured China of taking up the slack. Meanwhile China is going all out by leveraging on renewable energy and building Thorium nuclear plants to provide unlimited nuclear energy on top of hydropower, wind and solar energy. Oil imports will slowly not figure most prominently in China's manufacturing sector in time to come. So, what will become of those choke points that can no longer be instrumental in choking China? Who else is the USA going to choke.
Many countries are also migrating to renewable energy in the face of the Middle East turmoil. For example, Pakistan has already been following the Chinese by harvesting hydropower with huge dams and solar farms. More countries will realize that depending on oil alone is disastrous as global oil reserves are limited and turning to renewables is the answer for the future.
Now, here again one country is going to laugh all the way to the bank. Chinese wind turbines, solar panels, EVs and even Thorium nuclear power plants for export are planned, all of which China is already dominating globally and will be sought after in years to come. Which other country has the capacity to supply all the equipment demanded at scale?
All the showboating about the USA having so much oil is perhaps just a short-term feel-good moment, when the rest of the world start migrating to renewables, while Trump keeps demonizing wind turbines for killing birds and Chinese solar panels spying on citizens and all the hubris. Oh, maybe Trump will threaten them with high tariffs if they turn to clean energy, lol.
USA still needs to import 30 to 35% of its oil needs. The USA cannot use all the oil that it produces as its own refineries are not built to process those lighter crude. The lighter crude may be sold to refineries outside USA that are able to process them elsewhere. So, what affects most countries around the world, also does affect the USA as well if the Strait of Hormuz remain closed. The fact that USA pump prices are now reaching for unscalable heights shows the reality of what I am saying. So much oil and yet cannot keep pump prices down does prove a thing or two.
That's why the UAssA no hiew what's nonsense Climate Challenges!
Only foolish countries that tried to show the World their supports and taxed their own peoples and companies of what's carbon taxes and charges of plastics are taken for rides!
Most are just shows off wayang hypocrites.
South Koreans so proud of their degradable materials where every day their bombs kept going on with their Miltary Exercises against the North!
Americunts having wars round the World
Pui!
When one has so much free time dunno what to do, cannot think of anything meaningful to do, just do anything to show that one is working. If not people see why pay so much and do nothing.
All the lies by the USA over the decades are unravelling, all at the same time. Same as the propaganda about China being unraveled by foreigners travelling to China in droves and the effect on USA citizens using Rednote. It is about time to stop the madness.
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