Xi can offer the American EV market as a gift to Trump and let the Canadians and Mexicans laugh at the Americans and their EVs

China does not need to fight for the USA market for EVs in the coming days. This move has already been pre-emptied by USA senators asking the Government not to allow China to make cars in the USA. USA ICE vehicle manufacturers can keep the USA market for themselves, while the rest of the world moves on. No sweat.

If the Iran War continues, the whole world would be pivoting to China for EVs, wind turbines and solar panels. Chinese EV makers, wind turbine makers and solar panel makers are going to be laughing hilariously all the way to the bank, making some people more envious than ever. Of course, we must not ignore the possibility that China will insists on being paid in Yuan for such sales, which is another nail in the coffin of the mighty US$.

Moreover, Russia and Iran have already insisted on being paid in Yuan for their oil, and if Iran sets up its toll booth guarding the Straits of Hormuz, with tolls collected also in Yuan, that is bound to make someone run amok.

De-dollarization had been brushed aside as a mere irritant to the mighty US$. Now, it may be too late to realize that the world is seriously taking up the de-dollarization move into main street, not sidewalks.

But as always, realization often comes too late to remedy when the shit already is all over the fan.


Anonymous