Written by Pepe Escobar,
As expected, Captain Chaos blinked first. Despite his reluctance to admit it, he ultimately backed down.
It all began with “tariff exemptions” on various products imported from China, followed by hints of potential tariff reductions. Finally, there was an acknowledgment that unilateral tariffs might be imposed if no agreement was reached.
China’s Ministry of Commerce was unforgiving, warning against sacrificing others’ interests for short-term gains.
Amid the escalating tensions, the Ministry dismissed any claims of progress in negotiations as baseless, portraying the US President as a purveyor of misinformation.
Revisiting Mao’s analogy of the US Empire as a “paper tiger,” the Chinese assert that the current situation only reaffirms this perception.
China sees an opportunity to solidify its leadership among the Global South while managing the risk of a potential New Cold War.
In a strategic move reminiscent of Sun Tzu, China aims to challenge the Empire’s dominance. President Xi’s recent visits to Southeast Asia emphasized the need to resist unilateral bullying.
The debate in China extends beyond its manufacturing prowess to redirecting focus on the domestic market. Despite challenges like low purchasing power among certain demographics, China continues to excel in high-tech sectors.
Hong Kong, a crucial trade hub, may navigate potential decoupling between the US and China. With over half of its trade linked to the mainland, Hong Kong remains resilient.
Experts echo the sentiment that the US has weaponized its trade policies, leading to isolation rather than containment of China.
China’s collaboration with Russia in creating a Eurasian security network poses a formidable challenge to the Empire’s aggressive tactics.
In essence, Captain Chaos lacks the upper hand, as even the cards are “made in China.”
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