Xi Jinping unexpectedly pulls out of BRICS summit speech in 'extraordinary' move
news.sky.com
The Chinese leader has flown out to South Africa for the summit but asked his commerce minister to read out his remarks.
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The Chinese leader has flown out to South Africa for the summit but asked his commerce minister to read out his remarks.
China is #2 in global GDP not far behind the USA. China clings to the "emerging markets" or "developing countries" labels for itself to in gain critical benefits of unequal trade imbalances and lack of regulation. It's currency is now being used by a handful of countries instead of the USD/EURO. I'm not sure it can claim "emerging markets" or "developing countries" labels itself anymore.
Additionally, I'm not sure how China would have reached this position without a specific effort by the United States to engage in increased trade with them.
We said we would trade more in the hopes of an improving human rights situation and steps toward democratic self-rule.
We didn't get what we were promised. Stop whining, Xi.
We traded with China because it was profitable, the same reason we trade with India despite them being run by a literal fascist. The same reason why we support Saudi Arabia, a literal terror state.
Reel it back in cuz it's more complicated than that. Modi is a very recent development and India is very proud of their government and country through their fight for Independence. I hope they can kick that donkey's ass out soon because they deserve better.
KSA primarily offers stability, not profitability. They provide oil to US allies and counter Iran's influence. Also notably, until the 2022 escalation, KSA was also the #1 oil importer for China.
You thought we were trading with China for the human rights instead of for the cheap labor?
The US is basically Willy Wonka mumbling “Stop. Don’t.” When it comes to human rights in China. Just the minimum effort to maintain the illusion of caring.