Comments show China harbours no ‘illusions’ about the fallout of its rivalry with the US and has little hope of a lasting improvement in ties, analysts say.

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:

  • GaveUp [she/her]
    ·
    1 year ago

    And in fact, if China can usurp the USA as the dollar equivalent

    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