Oh really? The NBA knows differently after some players spoke out against Chinese communist human rights violations and had to retract them and keep quiet. Then again those who suck Chinese communist political genitals don't care. Not to mention exporting the virus just in time for the 2020 election.Hong Kong is Chinese. Its an internal matter that doesnt threaten the US.Tell that to the people of Hong Kong.They arent particularly. Its not a place I would like to live in but I dont feel threatened by them. They are trying to drag a feudal economy into the modern age. When the west did that they raped,killed and stole their way across the planet. The chinese havent done that.why are they your friend?....Why is China your enemy ?It does require reading before reacting- 1600 words-
Dispatches from the New Cold War
Today’s characteristically luminous insights will be disordered and structurally horrifying, the sort of essay that would have sent my high-school English teacher into anaphylactic shock. In exculpation I plead laziness.
Recently I wrote a column on China’s digital yuan, now in late-stage testing. Bare-bones explanation: You download a digital-wallet app with which you can then send payments to anybody in the world who also has the app, no forms, bureaucracy, or bank account needed. OK, that’s cute, you say. Then, with my phenomenally perceptive, pincer-like grasp of the inescapable, I thought, it sounds scalable. If you can do it with thirty bucks (in yuan) for a hat from some store, why not with fifty million dollars (in yuan) for a shipment of oil from Iran? Sure, with more security and so on, but same mechanism.
Interestingly, such payments would be completely independent of, and opaque to, Washington. And independent of…SWIFT, eeeeeeek! Do you suppose China has thought of this?
Well, I thought, this is mere speculative maundering by some guy in Mexico who is admittedly pig ignorant of international finance. And of course China itself was saying that the dijjywan had nothing to do with the dollar, oh no, was solely for domestic use, and for retail sales. Not important. Move on. Nothing to see here.