Let's make China great again.
2017 will be long remembered one of the pivotal years in the history of the world. It started with the USA canceling the Trans-Pacific Partnership (TPP), a free-trade alliance of 12 Asian and Pacific economies that would have asserted US influence in east Asia for several generations, and it is now culminating with China's OBOR meeting, that will instead assert China's dominance in Asia for at least the short term.
I have long resisted the notion that China was the coming superpower, destined
to surpass and dwarf the USA.
China owes everything to the USA. See
China is a colony of the USA.
The USA protects its trade routes. The USA accounts for most of
China's trade surplus. The USA de facto gifted modern technology to China
(by allowing Chinese companies to copy US technology).
Until last year China was riding the surf created by the USA, vulnerable
to any change in US foreign policy.
Not anymore. Within days of entering the
White House, "Vladimir" Trump, an
illegitimate president of the USA installed by Russia, erased the
Trans-Pacific Partnership which would have been the greatest trade deal of all times, uniting more than 50% of the world's GDP.
At the same time, "Vladimir" Trump, following orders from Moscow,
abdicated in Europe: he hailed Britain's decision to leave the European Union
(precisely what Putin wanted) and declared NATO "obsolete",
sending shock waves through European allies and causing jubilation among
Russian hardliners. China did not miss the opportunity.
First of all, China's president Xi immediately understood who Trump is:
a colossal crook who can be bribed easily. While visiting the USA, Xi offered
Trump what Trump wanted: the right to expand his business empire in China.
At the end of the meeting, as China was granting trademarks to Trump's business,
Trump announced that he now liked China very much.
Secondly, China seized the unique opportunity offered by this crook, liar and
traitor installed by Russia as president of the USA: China tripled its efforts
to take control of the strategic trade routes that made the USA great before
Trump entered the White House.
After Trump erased the TPP, China smelled blood and
convened in May 2017 in Beijing a meeting of
68 world leaders (including Russian president Vladimir Putin but not including any top US politician) represented 40% of global GDP.
The colossal "One Belt One Road" (OBOR) trade initiative, a 21st Century version of the ancient Silk Road travelled by Marco Polo,
is now surgically targeting the three
regions abandoned by the USA under Trump. A series of long land corridors are
meant to connect China with Europe, bypassing the oceans controlled by the
US navy. A pipeline in Myanmar and a port in Pakistan are meant to bypass
the strait of Malacca (controlled by the US navy). And a new trade pact
within Asia will have China instead the USA as the leader, center of mass
and military protector.
OBOR's terminal is not in the Americas but in Europe, the continent that Trump wants to dismantle and the continent that he doesn't want to defend.
Xi's target is not so much Asia, which is naturally bound to fall under Chinese influence now that Trump has killed the TPP: it is Europe, a much bigger prize.
TM, ®, Copyright © 2017 Piero Scaruffi All rights reserved.
At the same time that Trump the negotiator is asking NATO countries to pay a few billion dollars more, China announced a $124 billion investment in OBOR, on top of the $900 billion already invested.
China's ambition is clear: while communist USA, ruled by a Russian puppet, falls back into protectionism,
capitalist China is expanding its commercial links with 110 countries around the world. China is now the new defender of free trade.
Beijing is the new capital of world trade.
The combination of an ignorant senile illiterate US president who can be easily bribed (when he doesn't take orders from his Russian boss) and a Chinese president who graduated in engineering at one of the best universities in the world (Tsinghua University) is lethal for the USA.
The world is fed up with an unpredictable and unreliable nation that can elect
ridiculously incompetent men like George W Bush and "Vladimir" Trump, and is
increasingly looking forward to a more predictable and reliable leader of the world: China.
Xi is sending a clear message to the world: there's a new sheriff in town, and it is certainly NOT Trump.
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