Officials must stay ‘keenly aware’ of challenges and prepare for ‘most extreme scenarios’, President Xi Jinping tells National Security Commission
Comments show China harbours no ‘illusions’ about fallout of US rivalry and has little hope of a lasting improvement in ties, analysts say
The New Cold War is here, folks.
:deeper-sadness:
JMO:
I've thought about this topic quite a bit. I feel like the timing is off by a decade or so. China, Inc. is a world-wide venture. For China to judge itself a success, it must be on the same or better footing as the USA, militarily, and trade-wise. This means for example, something similar to a two-major-regional contingency strategy, combined with the ability to encroach on the dollar as global monetary unit. China is well on its way to both of these ambitious goals and fighting a large scale conventional war with the USA at this point in time would set China back considerably towards its goals. I personally feel like we're going to continue to see a lot of sabre rattling from China, and we're going to struggle to compete, but we won't see war for another 5-10 years if ever. And in fact, if China can usurp the USA as the dollar equivalent, then they will be quite loath to wage war with anyone in their sphere of influence on any terms. China's goal is not military dominance, its economic dominance. If they can force Taiwan into the fold using economic forces, they will even if it means waiting 10 years. Just my two cents.
:wut:
The US military is a humongous inefficient machine that serves mainly to line the pockets of capital and ensure the empire's grip on the rest of the world. There is little purpose trying to equal it, at least in size, and a lot of negatives in doing so.
To add to this, the US military has not been able to make successful hypersonic missiles. China has, and that's quite a game changer. Because of that it can be reasonably argued that China is already on a better footing militarily than the US. Granted "on better footing" could mean a lot of things, like China doesn't have military bases dotting the entire globe. Similar to your point though, that can become as much a liability as an advantage for a dying empire.
Totally fair point. That gets to what I was saying that I really don't think China has a military conflict with the USA at the top of its priorities. I think China has a very specific set of economic goals that it will attempt to achieve without violence. All evidence points to this approach.
Yup. Pulling from memory here, but somewhere in Grundrisse, Marx notes that domination consists of incorporating the other nation's means of production, and that you cannot expect to dominate a nation of speculators the same way you dominate a nation of farmers.
The RMB actually is not fit to replace the USD's role in this world considering China wants to keep tight controls over it. And China is clearly not trying to replace USD hegemony, just weaken it
Realistically, USD hegemony still has many, many decades left to go, and imo it's that reason that US won't start a war since they actually still have lots of juice left to go than the media and a lot of the dedollarization fans like to think