Washington and Beijing are becoming economic equals. The risk is that they won't stay that way, as bad things happen when existing powers won't make way for new ones.
www.nbcnews.com
"The world looks at a country differently when it no longer is supreme, and the sun is about to set on the United States' eight-decade run as the world's dominant economy. By some measures that adjust for the value of currencies, China's economy eclipsed the U.S.'s in 2016. And it's close to universally accepted that China's will be the biggest by any measure within a decade.
After President Xi Jinping led the world economy out of the Great Recession a decade ago by ordering a massive stimulus program, his country is set to lead the world again, as China's will probably be the only major economy that grows this year, according to the International Monetary Fund.
There's not much the U.S. can do about that, given that China's 1.4 billion people are getting richer while America's economic growth has naturally slowed at a high level. But there are things Americans can do to stay in China's league, starting with accepting their fate and using their friends to greater advantage."
Americans accepting their decline and fall?
"At the same time, China has developed a Trumpian knack for bullying trade partners with arbitrary duties, including the imposing of tariffs on imports from Australia and the blacklisting of canola from Canada, after both countries offended Beijing. The upshot is that China is now viewed as a menace in such countries, when not so long ago it was seen as a potential counterbalance to America's dominance.
Trump's mistake was assuming he could use the weight of the U.S. economy to bring China to heel. But China is too big for that now. America needs help. It's not something for which Americans are used to asking, but it could be the price of maintaining their influence."
The US will help us Anglo nations against China? Help you help me? President elect Biden will lead the free world against them? Really?
www.theepochtimes.com
belinmad
said, its just a propaganda mouthpiece for the Falun Gong cult.
