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bk:has_china_won
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Has China Won?
p.54 US lacks comprehensive strategy on China. lacks 'spiritual vitality'. Trump's tariff moves doesn't deter or hurt China long term.
p.57. Erosion of US risks to USD. USD as a reserve currency while benefitting them, is also its Achilles heel. It is based on 'trust' (Ruchir Sharma). Pressures away from USD: as weaponizing of the USD decreases trust; INSTEX as an alternative.
US Sacred cows:
#1 forever
It is inherently virtuous
Source
Mahbubani K. Has China won?: the Chinese challenge to American primacy. New York, PublicAffairs, 2020.
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- Created: 2021-02-17
bk/has_china_won.1613550349.txt.gz · Last modified: 2021/02/17 08:25 by admin
