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USA and China go to war
SA sells oil to both countries (a win for them)
If China "wins", or demonstrate a stronger demand for oil than the USA, SA can decide to base oil sales on the Yuan, which might shake things up a bit
Just look out for that. It might happen. It's not out of the realm of possibility...in which case, many countries will be hurting because China would take over the market, the actual markets themselves would do a massive self correction, and yeah, life would go on as normal, but the US dollar would tank
That's if China fights the US, doesnt get annihilated, and buys and uses more oil
In 2 years between 2013 - 2015 the Yuan became 2nd most used currency, up from 5th.
It happened because China loan huge money to poor countries, and change their trade currency to Yuan.
It happened in csgo too, many players buy Yuan to trade skins in 3rd party sites, rather than steam market.
For Yuan to become an international currency, it can happen if every country starts relying on China for goods and services. They are offering huge loans, cheaper market rate, oil and many stuff in demand today.
"THe CCP has told the west "oh we're softening things". They aren't - they're doing the OPPOSITE. Have you seen the videos of the massive numbers of camps they're setting up?
You think they're going to stop doing zero COVID when it now makes it a part of their actual economy?
Sorry, but their corrupt governance ain't going to stop that.
So sorry but the evidence is against this. "
https://steamcommunity.com/discussions/forum/12/3595590846017799906/?ctp=17#c3719440044279364388
Well, we all know what happened, China not only pivoted away from zero COVID, they pulled a 180 almost overnight. And that just showed how unreliable your so called evidence is. You rally need to stop watching fake propaganda videos from the likes of Laowhy86. Yeah, sure a lot of companies are moving manufacturing to countries like Vietnam and India, but what your sources deliberately didn't tell you is who set up and actually owns the factories in those countries, and the answer is Chinese companies.
As to how China treats its citizens, let me just tell you that while the common citizen of China can't directly pick the party they get to pick the policies, the opposite of countries like the US where you get to pick the party but not the policies unless you're part of the top 1%. The policy making process of China involves people from all walks of live starting from the very bottom of rural and grassroots areas up to culmination at the Two Sessions.
Regarding your comment separating the Chinese people and the CCP, that further shows how ignorant you are when it comes to anything China related. There're 96 million member in the Communist Party of China, and if you include the people in the Communist Youth League, another 81+ million, and finally there's additional 130 million in the Young Pioneers, that's 310 million people in total. That's like 1 in 5 people in China is CCP. And this number does not even include the friends and families of party members.
However, you did get one thing right though. If the US falls, China is not going to replace its position. China doesn't want to be the next hegemon and that's the whole point of BRICS+ and BRICS currency, moving away from this unipolar rules based world order set by the US into a multipolar one where every country is treated equal. That is why more than a dozen countries are now lining up to join BRICS or have expressed interests in joining.
You need to listen to the real China experts like Martin Jacques, not the two English teachers.
This interview is from a decade ago, and time has proven that he's right. BTW, contrary to the title of the book, Jacques's final conclusion is that China will not rule the world.
https://www.youtube.com/watch?v=N1MI_almxeA
Meh. They said the same about china 20 years ago.
America with good self reasons considering how they handled their currency over past decades have cause for concern because any such currency transition will have financial consequences for the west as a whole but not half as much as it would hit home for america.
Just think what you could do with book keeping if you could control who if at all sees it.
I'm not talking about ending zero COVID. If it were so successful how did it end up in massive protests to force the CCPs hands? How did the zero COVID policy not work anyway as if it were so successful how did whole cities have lockdowns that were barbaric due to people being welded into homes?
You sound a bit wumao.
And I've seen the video evidence, the massive reports galore from users in China who use VPNs to get their stories out. The videos of people galore locked inside their blocks screaming out their windows, and so on.
No zero COVID was NOTHING like you claim.
they can buy land in the usa and own everything
but we cant buy land in China they will not let you