Scott Bessent can order the UK, and also you know who, but his words mean nothing to China. After what happened to Russian assets, many countries are already jittery about who is next. Even Japan, in economic ICU, wants to sell its USA bonds but is being held back by threats from the USA.
Scott Bessent can shout until hoarse, but China will never dump Iran. Iran is a member of BRICS, is one of China's oil suppliers, is now a staunch ally of China geopolitically, is a real-life testing partner for Chinese weapons, and is providing much by way of lessons to China for countering the USA. Why would China want to dump Iran and give the USA and the West the opportunity to criticize BRICS as a flimsy alliance that is breaking up. BRICS does not even see it fit to get rid of India, the USA trojan horse inside BRICS.
Russia and China just tolerated India's presence in BRICS, knowing its loyalty is towards the USA, while the USA is wary of being too harsh on India that might turn the tables for all the years of cultivating India as a counter to China.
Anonymous
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BRICS is quietly eating the breakfast, lunch and dinner of the US$ hegemony, while the West keeps demonizing the bloc, hoping to kill its de-dollarization campaign. Keep thinking that BRICS is just a minor irritant, just a fly buzzing around the ear to be swatted away and the problem will go away.
BRICS working formula is just like what China did in the past. Deng Xiaoping told the Chinese - 'Keep a cool head and maintain a low profile. Never take the lead but aim to do something big'. That warning was heeded and is now paying dividends. While the USA thought the Chinese will always be chefs and laundrymen, was itself fixated on forever wars and fighting terrorism, China was quietly powering ahead with its own industrial revolution.
China, over the last forty years, never flout its hidden strength and agenda. It was all about eating humble pie and not retaliating to expose its strength too early. When Xi announced that China had big plans about being self-dependent by 2025, the USA and the West were taken by surprise. China by then already had in its hands the control of many sectors of the global supply chains, the raw materials needed for its industrial agenda, the economic functionality of its widespread bridge building, and particularly its rare earth logistic monopoly and its factory of the world reputation. Not a hype, not to threaten but to tell the world China has arrived.
It is no longer going to be the country suffering another century of humiliation. That is over. China is taking back what belongs to it in the very distant past, when together with India, it was to be the biggest economy among all nations.
Sure, China's rise may not be permanent or long lasting like all others, but providing the world with the means to move away from the USA is more than enough of a mission to be accomplished.
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