China’s Trade Expansionism.

Response to a Facebook post. 

THE Belt and Road Initiative (a.k.a. New Silk Road) is a global project per China's trade expansionism. This brainstorm was actually first drafted right after Mao's death (1976) as Deng Xiaoping took over. Through the years, China has been buying lands and giving out loans and handing out FDIs all over the globe, except in the U.S. A game-changing review of Deng's playbook took place after the Tiananmen shudder in 1989, and the subsequent erasure of the hardliner Gang of Four. 

        But the real pump happened when Bill Clinton and Jiang Zemin signed a trade pact in 2000 to signal the U.S. liberal brainchild "globalization." That's the CCP's long-awaited signal. The following year, China entered the WTO with a "most favored nation" status. 

        Maybe America’s 1 Percent didn't really mind because they obviously racked up gargantuan profits by moving factories to China and elsewhere + easy access to the dragon's pertinent minerals or raw materials. But China isn't dumb. As the U.S. and Europe got into eerie internal schisms, China took advantage. Beijing's 4 giant state-owned banks wobbled the monopoly of the IMF and World Bank, then BRICS was born in 2009 (still expanding). Then Asia/Pacific’s RCEP in 2020 (China as ad hoc chief), the largest trade bloc so far. Etc etcetera. 

        While America still wrestles with itself. 🇨🇳🇨🇳🇨🇳