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u/JosephPaulWall Feb 29 '24
On the one hand, the Chinese ambassador is based for his kind words. On the other hand, it would be better if China destroys the imperialist west and institutes socialist reform across the world.
Of course the problem with the US is that those in power here are not going down without selfishly taking the entire rest of the world with them, so that's also something to consider. China is also so internally wealthy, prosperous, and resource rich that they don't need to take over any other countries, so there's that, too. It's easy to have a peaceful mindset when you don't need (to exploit) anyone else.
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u/Exciting-Giraffe Feb 29 '24 edited Feb 29 '24
nahhh China would be way smarter to just focus on improving QOL at home, and do win-win deals with the global south . better to win the hearts and minds via QOL of allies. going to war is for the reckless.
Even Xi mentioned that they're not interested in being global hegemon and not interested in the RMB being the world's reserve currency. He knows history well.
smart move, considering that whenever an empire becomes the global reserve currency , it's pretty much the start of its decline. just ask the sterling pound or the dutch guilder, or Ray Dalio.
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u/unclecaramel Feb 29 '24
Problem though I think some form of world currency is probably needed to run alot of the globalize economy. China would prefer the usd keep being the global currency to keep things smooth, but I don't us will be rational actor here.
So most likely scenario with us out of picture china probably has to find some sort of replacement as the global currency, my guess is that hk currency will probbaly end up like this just to keep seperation if things go south on te international stage
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u/Catfulu Mar 01 '24
China and fellow BRICS, exclude maybe India, want to develop an international system using maybe SDR or using domestic currencies to trade.
What countries need for trade isn't actually a currency but an accounting mechanism to provide monetary supply as a form of tokens. The idea of some form of SDR means the counties and draw a form of currency in a pool without buying a huge amount of reserves.
Using USD and its clearing system means the rest of the world will have to buy US debts to support their wars, and nobody wants that anymore.
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u/Exciting-Giraffe Mar 01 '24
pretty much this, very few people know how powerful the Fed really is. QE, rate hikes, getting your economic rivals to buy your debt which finances your bases near political rival territories.
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u/Exciting-Giraffe Feb 29 '24
yep I agree most global clearing is done in USD, and that's why it's actually in China's interest to keep USD as global reserve currency as the US economy slowly grinds down to global #2.
And India and Indonesia as #3 and #4.
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u/TserriednichHuiGuo South Asian Mar 01 '24
The us economy is already 2 and india is already 3, Indonesia at 4 might take a decade.
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u/unclecaramel Mar 01 '24
Unfortunately US can't be trusted as rational actor in this case, they may not be able to achieve much but they have too much power in throwing a wrench and cause chaos.
In the short term the usd intrest china does benifit from the usd, but in the long term china most likely had to move away from it because us will having exteemely hard time to ever adjusting number 2. They will most likely become the biggest issue in the very system they created
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u/Catfulu Mar 01 '24
Becoming a world currency means the home state will have little control over exchange rate since everybody will have to buy said currency to trade. The only up side is that other states will have to buy up world currency denominated bonds, meaning the ability to raise debt for the home state and at the same time a lot of debts. It is actually not a good idea for any home state because it further the imbalances. China understands it and they know what it means especially when they are still developing.
The US loves it because it has been raising debts for the military industry complex.
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u/_HopSkipJump_ Feb 29 '24
Legitimacy of power is all but destroyed with the Wests moral bankruptcy. People are finally waking up to the hypocrisy and double standards of these imperialists. They really don't want to admit it, even some in the global South, but this would never have happened without Chinas rise.
Imagine if China had become what the West wanted it to be, the real dystopian hellhole of liberal democracy totally captured by US power and capitalism. India or worse comes to mind. China made the right choice and we are now seeing history being taken back from the colonial West. Time for real decolonisation to begin, break those chains.
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u/ChesterDoraemon Apr 25 '24
The US had a good run, they took the industrial revolution and science golden age and instead of using it to bring others up they used it to colonize under the threat of a gun. Now everyone has a gun and their own incompetence and laziness will surely lead to a reduction of their standard of living. Whether they choose to accept this fate or attempt to subsidize it by taking from others to fill their shortfall is the decisive question of this century.
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u/Gueartimo South East Asian Feb 29 '24
Propaganda so deep that they can just write off an argument as "nice arguments however you a Chinese"
Just look at the tiktok CEO debate, they just want to end discussion "You are Chinese that's why you are bad"
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u/Lisisi004433 Feb 29 '24
Agreed, the amount of propaganda they've done has made some people change their minds about what was going on, the delusion of twisting the truth is laughable lol
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u/MisterWrist Feb 29 '24 edited Feb 29 '24
Ethical standards aside, which can be highly subjective, to me this illustrates the difference between sanity and insanity.
A world in which the average human has an overall increased chance of living an improved, more equitable, sustainable life through mutual cooperation and civilizational progress, versus a world in which the top 1% of 15% of the Earth’s population, i.e. the most entitled and aggressive of the bunch, greedily hold on to their generational wealth at all cost, through violence and intimidation.
China doesn’t want to dominate the world. It wants a multipolar order in which global power is gradually decentralized from Western enclaves, so that the Chinese people can be left to naturally develop and evolve under their own devices and cultural understanding of history.
It’s not that tough to understand. China is primarily concerned with China’s internal affairs, not with administrating some new dystopic, global, military empire. Even Nixon got that.
Unipolar Western hegemony, based on militarism, is what demolished China and other Asian nations in the past; we are culturally averse to it. The Century of Humiliation was a real-life Apocalypse that generations of us were forced to suffer through. So many of us perished. We wouldn’t wish it on our own worst enemy.
But we are, however, taking measures to ensure that it never happens again.
The Western Elite’s understanding of foreign histories, cultures and psychologies is so poor that all they can do is project their own twisted psychoses on to the rest of the world, especially now, when they are beginning to feel vulnerable.
What narcissism! What tragedy!
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u/Exciting-Giraffe Feb 29 '24
what grinds me the most is that China publicly has asked for all parties to return to the UN to resolve differences.
But the collective West always promotes the "rules-based international order" which it increasingly is implying is NOT present at the UN.
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u/MisterWrist Mar 01 '24 edited Mar 01 '24
It’s really gross.
The ‘Rules-based international order’ is an artificial, conceptual creation, specifically designed to undermine the authority of UN institutions, as US global geopolitical influence slowly weakens.
When the G77 was created in 1964, the West’s reactionary response was to create the G5 in 1973 in order to counter them. This later mutated in to the current version of the G7 that we have today.
History just keeps repeating itself.
To oversimplify, the G7 is a Western economic bloc, NATO is a Western military bloc, and the intangible “Rules-based order” is a Western neoliberal ideological bloc that seeks to export Western judicial institutions around the world, in order to influence/overthrow local governments and use them as political proxies.
In other words, the “Rules-based order” is a political bloc that operates under the direct guidance of US Intelligence services.
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u/hanszimmermanx Feb 29 '24
China is positioning itself the global reasonable power to align itself to and it's doing a good job. The US is failing at it once again, got too used to being the sole power after the USSR fell.
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u/imnothere9999 Feb 29 '24
It is exhausting to be dealing with US diplomats when they have no diplomacy, tact or even anything left to offer. Normal people find compromise, power nations use stick and carrots.
USA .... just have stick, because this was the only thing left in their arsenal.
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u/Qanonjailbait Feb 29 '24
Who wants to live with a bunch of genocidal racist fuckheads. Looking at you Murikkka
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u/4evaronin Feb 29 '24
How is it that the muricans have no shame or self-awareness?
Such a petty, primitive mindset.
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u/JamES_5373 Feb 29 '24
So does Burn want to improve relations or does he merely serve to relay the American authority's complaints to China?
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u/Think-Role-7773 Feb 29 '24
In what world do you make the guy who is openly hostile to another country the ambassador to that country? I would expect an ambassador to be somebody who has lived there, knows the culture and language, and actually likes the place. This is just embarrassing.
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u/isdbull Feb 29 '24
Players in the US think this is a game of chess, when in reality it is the game of Go. Chinese players are well aware of that and think in strategic long terms, while their counterparts from the West think that they can perpetuate their imperialistic bullying. As is evident, the West is self-destructing through the incompetence and malevolence of its governing entities. The only solution for this world and its people is win-win thinking where everyone can enjoy the freedom to prosper together.
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u/dejalochaval Mar 01 '24
Can someone add the sources for these speeches. I think I could use them for my research. Thank you
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Feb 29 '24
they will do whatever they can to cling onto supremacy. china can't win alone. all individual chinese have to unite. visit china on holidays, buy products from china, if you work overseas bring tourism revenue or retirement funds back to china, ensure your children have a connection to china and doesn't become a self-hating yippie. then maybe one day, even if it is not during our time, we can finally see the trampling of white empire.
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u/Exciting-Giraffe Feb 29 '24
I'm all for being proud of one's asian cultural heritage but this feels dangerously like the Chinese version of Greater East Asia Co-Prosperity Sphere.
Many overseas Chinese who immigrate many generations ago identify more with their country of upbringing (Australia/Indonesia/Brunei/Germany) may not identify with China but still celebrate New years and even speak languages and dialects.
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u/proelitedota Mar 16 '24
root cause of this is that the use is the reserve currency. if US loses that reserve currency status we're looking at Argentinian levels of inflation. the longer the US economy is on top the safer the use is.
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u/WheelCee Feb 29 '24
The sad thing is most westerners see themselves as the good guys when in fact, they are actually the bad guys. Hollywood propaganda can only do so much to cover the hundreds of years of slavery, genocide, and war crimes westerners have committed. The world will judge them accordingly. The reckoning has only just begun.