What are you smoking ? China foreign policy is base on you open your market to me , while you come into china ,we will copy or steal your technology and kick you out. There's nothing complex about china's foreign policy. While USA open up their financial market tik tok, USA has also open their internet space to them. But china just remained closed to themselves.
US has made a blunder in 2001 unleasing the demon out from the box. Creating more terrorism. Btw, the nuclear facility in Iran is build by china . The tunnel you see the hamas dug into Israel is done by the Chinese themselves.
China has no foreign policy. Only the global south welcome them. But these country are as poor as a church mouse. Still china want to unload their excess production to these nation. It plays no good intentions.
As for USD dominance, it's base on economy(financial market strength and depth)advancement of technology mastering the basic+core and last but not least, then military might US as shown in IRAN bombing. Till now , the Iran has to swallow their pride and can't do anything.Trump USA has shown that they are still the leader to look up to (AMDK) while the wimpy leader Xi gave his beloved BRIC meeting a miss.
Just look at the stock market while the war is on. In fact, the market reacted positively. For a start, the Hong Kong currency should peg theirs with mighty Chinese Yuan. Then Chinese yuan is good.
Btw, the nuclear facility in Iran is being built by PRC. The tunnel from Gaza to Israel is being build by PRC too. So what kind of foreign policy is china pursuing ?
You're either smokin' too much weed, still wet behind the ears, or don't know your history... or maybe all three.
1. USD and US economy. Ever heard of how the USD ended the link to gold in 1971? The petrodollar in 1974 which gave the USD world's reserve currency status?
The US economy is a house of cards built on debt spending, amassing a debt that exceeds the total GDP of many countries combined. Simply because it is the only country that can borrow and pay money in its own currency. And its highly financialized economy means that it goes through cycles of boom and bust... but never mind, it can print as much money as it wants - 4 quantitative easings since 2008 - and borrow money as much as it wants to continue spending, out of trouble. You call this a 'strong economy'?
2. US foreign policy. How has the the US through its agencies the IMF, WB, and MNCs benefited the Global South, except to impoverish them, exploit their slave labor, and remit all profits back to the Global North? One economist calculated that for every $1 bil aid given to the South, $1.3 bil flows back every year in
interest payments. What infrastructure help has it given to the South?
Say what you like... China's through their 1B1R program has built tons of infrastructure - rail, ports, bridges, roads, tunnels... even the first hi-speed rail in Java... any shame in helping the Global South that has for long been exploited by the US and EU? Of course, there's no free lunch... China has vested interests in helping these countries but at least the help offered has practical value in raising the standards of living in these places. Does China go round forcing these nations to sign trade deals under threat of 100% tariffs?
3. RMB. We can argue till the cows come home about the pros and cons about full currency convertibility, but every country has the right to decide for itself its currency and monetary policies. A fully convertible currency opens your currency to speculative attacks from hedge funds, manipulation by hostile nations, volatile exchange rate, and increased burden of foreign debt. All of which the CCP doesn't want as they favor control... they don't have the luxury of doing US-style QEs to pay off debt, of demanding that petrol be priced in yuan, of issuing endless bonds to sustain binge spending.
4. Iran's nuclear program. Maybe you weren't born then, but Iran's nuclear program was started by the US in the '50s under the Shah until the Revolution in '79. After that, the Russians took over, with China and Pakistan playing a minor role in recent years. (China was too poor in 1979 to help any nation.) So you see the hypocrisy - US helps Iran build nuclear reactors is good, Russia/China help Iran is bad?
5. Hamas tunnels. Tunnelling didn't come from China. The Gaza subsoil is very loose, and Alexander the Great was the first to build tunnels there 2,300 years ago during the Siege of Gaza. In modern times, starting from the mid-90s, the Hamas started digging tunnels into Egypt to smuggle weapons goods and people. When Hamas took over in 2007, the tunnel complex was further extended into Israel, forming a network of 500km. No rocket science or help from China needed: the tunnels were dug by pneumatic jackhammers, patiently digging down to solid rock and then horizontally.
And who's the chief sponsor of Hamas? I know, I know, you want to blame China for all the ills in the world... but the answer is
Qatar, a fascist Islamist nation that is a state sponsor of ISIS, Al-Qaeda and Hamas - but also a very good friend of the US. See your own blinkered hypocrisy here? The US is doing good business with terrorist states when it benefits them, but when these countries run awry, the bombs and sanctions and foreign-instigated riots come out.
Finally: How many countries have the US bombed in the past 50 years compared with China? How many leaders have been assassinated by the CIA compared with China? How many regime changes have been engineered by the US (including those based on non-existent WMDs) compared with China? How many wars have the US started and participated in (particularly in the Middle East) compared with China? Who bombed the Nord Stream pipelines? Who finances the separatist terrorists in Xinjiang? Who funded the 1989 Tiananmen and 2019 HK protests?
Who's the greatest shit-stirrer in the world? Now you know why China prefers to keep quiet... just let the world see who is the rogue superpower running amok creating trouble everywhere. Most people are getting it, but some American cock-sucking Samsters here are a bit slow.
