Xi has consolidated his power and plans – plans – on running the show from here on out as far as he’s concerned.
Xi will likely make a significant move, maybe a widely destabilizing move sometime in his time. China sees the South China Sea as its own, as well as Taiwan. It also seeks de facto control of trade through the Indian Ocean over the long term.
Xi is no friend of the US and will continue to challenge dollar hegemony across the globe. (Not that the US and the Federal Reserve haven’t been asking for such a challenge given the last 10 years.)
With some people freaking out over Russia, a power that can barely assert itself beyond its back yard in the Middle East, more eyes should be on China generally.
We are for peace. We are for a smaller (but a much more efficient) military. But part of maintaining peace is observing international developments from a realistic perspective.
It should be noted that the best way to avoid war is to keep trading across borders. Make sure war is painful to all sides with minimal upside. Trade is key. Trade with everyone and keep the guns pointed at the ground. (If there have to be any guns at all.)
Regardless, be aware of the people and the motivations of the people with whom one must deal. China is the world’s Ultimate Crony Capitalist State, and it has a chip on its shoulder. Understanding these things let’s continue the work of peace.
(From The Business Insider)
Chinese President Xi Jinping’s biggest rival at one time, Sun Zhengcai, was just sentenced to life in prison.
Sun Zhengcai, the former Communist Party secretary for the city of Chongqing, was found guilty on Tuesday of taking $26.7 million in bribes. He was given a life sentence and all his personal property and “illegal gains” will be confiscated.
Sun is the most senior leader to be caught up in Xi’s anti-corruption crackdown which has focused on bribery and misuse of public funds, but it has also drawn criticism for its focus on Xi’s political enemies.
Live by the crony sword…