China will be happy to see Trump leave because the administration, under Trump, wanted to put more and more sanctions on China. Probably it is that move that led to them releasing the virus to the whole world *shrug*.
International Level: Politics 101 / Political Participation: 9 0.9%
Our President once said that china is desperately looking for food and resources and thus gave up on the south china sea. But I highly doubt it since we have to root out every communist in every island in here.
International Level: Politics 101 / Political Participation: 2 0.2%
Some of us have been theorizing that the release of SOVID-19 from China was meant to cripple the world to make it easier for China to take a bigger economic and military stand against it.
International Level: Activist / Political Participation: 31 3.1%
Let's see, one of the world's youngest country vs one of the world's oldest country.
The USA is what, two hundred years old and already have had several internal turmoils. That is how the Roman Empire collapsed. No one could defeat them; they imploded.
Now let's take a look at what the US-China relationship is. China holds an enormous volume of USD in its currency storage. The country wouldn't have to do anything but sell off the USD, and the USA would be paralysed entirely within a short time. However, that move would also have sizeable self-inflicted damage. Still, China would survive as it has for thousands of years.
Trump made no sense that many of his comments and statements were misleading, false, or just lied to during his presidency. According to Fact Checkers, he had done that over 30,500 times during his four years. So he is not exactly the best source when it comes to China.
China keeps the American - and many of the other countries - afloat.
Let me explain.
Without China, the west wouldn't be anywhere today. China invented or started using concepts like tea, porcelain, gunpowder, paper, coffin, urn, silk, umbrella, abacus, toothbrush, most hygiene-related things all before the west even started to take a bath at all.
You'd say that was then. Yes. So let's continue to the present days and the point I am getting to.
Here is what China and the US doing, which most people are pretty ignorant about.
Americans are importing more than exporting from worldwide, so the US government wants to make sure the dollar stays relatively strong; that way, importing goods or having foreign work power much cheaper.
The Chinese central bank does the opposite. Ensuring that the yuan's value stays relatively low against the dollar and other western currencies; that way, they can export goods and work for western companies making more money.
The US wants to look like the boss, the master, and China wants to look like the underdog, servant.
The Chinese central bank's primary goal is to keep buying US dollars to keep pushing its value up. Americans love that because the dollar remains strong. By doing that, they keep building their stockpile of the dollar. So China has all that dollar; what will they do with that? Instead of the extreme and improbable example, I mentioned above that they would be dumping it all on the market, they buy US Treasury bonds. Those are just fancy name for IOU. The US government frequently issues those bonds whenever they want to lower taxes, create more jobs, so the American people put the spending machine back into motion. When someone - a bank, a person, a country, etc. - buys Treasury Bonds, they essentially lending money to the issuing government, in this case to the US.
What happens then?
Cash pours back into the US economy, and large companies hire more workers - mainly from China - to make more iPhones, electronics, clothing, whatever for the American people who gain confidence in the economy and buy more stuff - primarily things that in part or in full made in China.
80-90% of an average American household has a Chinese hand in it.
The US and China exist in symbiosis, but China "Controls" a significant part of the US - and most Western countries - cash flow.
It doesn't matter what political stand the country has. China has been and is the most powerful country on Earth. They had been when the Dynasties controlled the country, and they have been as being communists. It doesn't matter. That country will not go anywhere anytime soon.
The USA, however… As long as the country is split in two by the powerful leading parties and their followers so sharply opposing each other, the country which strength is in unification will slowly fall apart and weakens decades to decades until there is nothing left.
Perhaps this is a warning sign to the American governments and their people to assure that instead of dictating other countries, the United States of America should indeed be united first.
In other words, one should not send a cleaning crew to the neighbour's house while having rubbish and chaos in their own home.
That was my penny.
Edited: Didonato on 19th May, 2021 - 11:32pm
That 'made in China' phrase means more than people think, so I will give you credit for explaining what that means. I think America is running itself down the tubes if it keeps up its present thinking on politics at home and we have a lot of that owed to Trumpism. I also understand that China is buying up other currencies and seems t be focuse on the Euro at the moment. I do not think they are very happy about trading or doing any business with America because of the Trump imposed tariffs and taxes on their goods.
International Level: Junior Politician / Political Participation: 83 8.3%
Yes, the Euro is a "Made" currency. I never put too much confidence into it, but it involves several large economies, so of course, China has to consider that too.
I think the imposed tariffs and retaliation again hurt the American economy more than the Chinese one. The USD must stay strong; otherwise, things become completely unaffordable to the American people.
The USA imports the most needed stuff. Cars, steel, gold, clothing, electronics and so on. The tariffs will result in higher prices.
The only logical sense it makes to me that somehow Trump benefited through his businesses. I don't think he done anything at all that wasn't for his own gains first.
While China is a formidable foe I worry a lot about Russia. Worst is the fact that China and Russia are friends with the same style of governance. China knows this and it is part of their leverage to push into the Pacific because they really cannot push in the other direction.
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