MORE BLAH: China and The Chinese.

Response to a friend's Facebook post.

CHINA and/or the Chinese. They are shrewd in the shadows. While America spends so much money in its involvement in (regional) wars and exponentially beefing up its military infrastructure and brags about it, China shows the world its economic/trade cunning and diligence albeit essentially quietly.

 

       Meanwhile, I agree the Kremlin under Vladimir Putin can easily be goaded into a war, but not the Chinese. They are all business. That's how they do “ battle” or engage in war. We don't know what's behind the Great Wall. 

       Hint: China is the world's #6 top oil producer but it is not selling its oil. Instead, Beijing is the world's top oil importer. Why is that? Figure it out.

       Also, today's top chemical element in microchip production is silicon. China produces 60+ percent of the global supply. The U.S. just invested billions$ in microchip manufacturing. Tie up with Taiwan's TSMC ($6.6 billion) and South Korea's Samsung ($6.4 billion) for factories in Texas + huge-ass tax incentives to local manufacturers. Apart from silicon, China is top producer (75 percent) of lithium. the chief mineral for EV battery..

       Weird thing is while President Biden sent Treasury chief Janet Yellen to China to convince the CCP not to flood the market of EVs, solar panels etc so it wouldn't affect much of America's new microchip investments, he keeps on throwing barbs at China. 

       In a recent meeting with Japan's Prime Minister Fumio Kishida, Joe bragged that his meeting was all about "countering China." As though the Japanese buy it. They seem to for obvious reason: Japan is #1 top foreign investor in the U.S. so Mr Kishida is being smart. 

       China is still close behind the U.S. as Japan's top trade partner. And Japan is a member of the China-led Regional Comprehensive Economic Partnership (RCEP), so far the largest trade bloc in history. Take note as well that the China-led Asian Infrastructure Investment Bank (AIIB) has European powers Germany, The Netherlands, Austria, Norway and the UK as members. AIIB + China's 5 globally-leading state-owned banks are World Bank and International Monetary Fund's (IMF) counterpart. 🇺🇸☮️🇨🇳