China is too big to be shut down and thrown under the bus like the Germans and Japanese. China has a 1.4 billion population and a domestic market that cannot be ignored. China is the second biggest economy in the world today, just powering ahead and making the USA anxious, paranoid and jealous. In terms of purchasing power parity GDP, China has already surged ahead of the USA and is expected to overtake the USA in nominal GDP within the next decade.
China is not like Germany or Japan, highly dependent on the USA market in their heydays. China has learnt useful lessons by not putting all its eggs in one basket, which it has not been doing for decades by diverting trade and investments towards the Global South - Central Asia, South America, ASEAN and Africa.
The move into investment in the BRI is not without motive, with trade the underlying agenda. The formation of BRICS is not without an intention, with de-dollarization its main objective. The overcapacity of China's manufacturing is not without intention to build capacity to dominate global trade. The building of all the dams, solar farms, wind turbines and nuclear power plants are all to make sure China is not going to collapse from vulnerability in fossil fuel dependence. The almost total electrification of China's transportation system is a gamechanger. Automation of factories, construction of high-speed rails, the migration from Internal Combustion Engine (ICE) vehicles to EVs is not a fashion statement but betting on a strategic choice and is working very well.
In the face of the Iran War and the Straits of Hormuz problem, China is not in panic mode regarding its vulnerability over shortage of oil. The effect has been minimal, the stockpiling done over the years instrumental in preventing a collapse in China's manufacturing. This is a test run for China in the event of a conflict that will result in blockade of the Suez Canal, Straits of Hormuz, Bab Al-Mandeb and the Malacca Strait, China has been trying to work around the USA mafia intention regarding its blockading mindset that is expected to infringe upon China's National Security.
Anonymous
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