China has effectively zeroed out investments in the US and the EU
China has effectively zeroed out investments in the US and the EU
33 comments
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US and EU capitalists completely sold out of rope
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Marx never predicted that the proletariat could just have their own rope factories
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All of those countries except Kazakhstan are extremely vulnerable to US aggression
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The problem for US is that it's already in over its head with what's happening in Ukraine and Israel. At the end of the day, they don't have infinite resources. And as more and more countries join BRICS and realign economies away from the west, the less vulnerable they are collectively.
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The kind of aggression we are talking about at the moment is american state governments ordering chinese people and companies to sell their assets for pennies on the dollar.
Yes, Mexico is rather vulnerable. It's an annex of the US economy. But it is a sovereign nation. There are american boots on the ground in Perú right now, and the coup government still works with China for infrastructure development. At the very least these investments mean China's export markets are less dependent on the G7. That's real de-risking.
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I’d add Vietnam
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Saudi Arabia is not THAT vulnerable.
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thank god China is building the productive forces outside US imperialism in... saudi arabia
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lol lmao even don't even look into the amount China invested into Israel in the last decade.
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Hopefully it won't continue, and I don't think it will. Israel, not only for being the US's lap dog, but also for stoking Sinophobia and supporting Uyghur separatists.
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China hasn't been avoiding working with countries that are close to the US. They didn't even start avoiding working with the US until recently despite the US trying to undermine China for decades. I don't know all the pros and cons of their foreign economic policy but it is consistent.
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Eh, being pragmatic I guess.
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What's wrong with that?
China is also sending Mandarin teachers to Saudi Arabia. As a Saudi I'm optimistic and glad that we are looking east.
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Isn’t Saudi entering BRICS?
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It is in BRICS+
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CGTOW
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Bit idea; Fall of Rome guy but for Pecunia non Olet for Chinese investments
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Good. Unlike the Sinophobic West, Saudi Arabia welcomes China and Chinese people.
Arabs and Chinese have over 2000 years of cordial trade relations.
33 comments
Makes sense given EU and US are acting hostile towards them. Curious if the media will cover it as some evil conspiracy.
It is. Despite putting heavy sanctions on their vehicles, solar panels, and high-tech chips, they simultaneously shit their pants over the POSSIBILITY - not something that’s happening yet - that China will leverage with production by counter-sanctioning the west on the same products (and low tech chips) because the consequences are worse for the west than for China.
Look at all these authoritarian countries. Clearly they're just trying to start some new Axis Of Evil.