Xi Jinping

Beijing Sees Trump’s Hand and Won’t Fold

With Sinophobic hysteria reaching new heights in US, China’s counter play is a massive new economic plan
Pepe ESCOBAR
Stranger things have happened.
Everyone was expecting US President Donald Trump to go nuclear by de facto sanctioning China to death over Hong Kong. In an environment where Twitter and the President of the United States are now engaged in open warfare, the rule is that there are no rules anymore.
So in the end, what was announced against China amounted to an anti-climax.

Why Xi Won’t Repeat Ming Dynasty Mistakes

China has learned from its own rich history and is applying those lessons to re-emerge as a major 21st century power
Pepe ESCOBAR
With hybrid warfare 2.0 against China reaching fever pitch, the New Silk Roads, or Belt and Road Initiative, will continue to be demonized 24/7 as the proverbial evil communist plot for economic and geopolitical domination of the “free” world, boosted by a sinister disinformation campaign.

Can China Dethrone the US Dollar as Global Reserve

Submitted by Steve Brown…
On the US dollar as reserve currency, that is a tough thing to break especially for China since the yuan is not freely convertible. China has renminbi and yuan; one they peg to the dollar and the other is circulated in China. Try converting USD to yuan in Paypal for example?  The option is not there. Payments from the west to china sellers by Paypal (for example) are only in dollars.