Global Chinese diplomatic presence and intervention?

Overbom

Brigadier
Registered Member
1. Establish alternatives to USD payment system so China can fully dump USD. This way when USA inevitably attempt to seize the Chinese wealth the damage is minimized. I expect this to be more or less complete this year. Expect big dumping of USD assets to follow.
China holds $3 trillion USD in its foreign reserves. This huge amount of toilet paper will need a very long time to dump. I can assure you it won't happen this year, it will take decades to fully dump that fake currency
 

Overbom

Brigadier
Registered Member
Correction, $3 trillion worth of reserves. Not $3 trillion USD
It seems you are right, good catch. I thought it was $3 trillion USD but its actually $3 trillion worth

The exact currency composition is secret but here is something interesting:
Please, Log in or Register to view URLs content!
  • The country’s holdings of foreign currency generated an annual average return of 3.68 per cent from 2005 to 2014
  • By the end of 2014, US dollar assets accounted for 58 per cent of China’s total foreign exchange reserves, down from 79 per cent in 2005
If the US dollar’s share had remained steady at 58 per cent, China would be sitting on about US$1.8 trillion worth of US dollar assets as the end of June, based on China’s US$3.12 trillion in forex reserves as of the end of June.
 

solarz

Brigadier
Chicken and egg problem. If US had no overseas bases, they also can't project power. They were able to get to Europe during WW2 with a treaty with the UK and was the purpose of the island hopping campaign in WW2 but couldn't have done it without Hawaii and Australia either. How to get overseas bases? Either by conquering land, or by making security guarantees.

You also need carrier battle groups. China is only now training it's carriers, it will be at least a decade before they are capable of matching US CVBGs on the open seas. Until then, any security guarantees offered by China are empty promises.
 

Minm

Junior Member
Registered Member
I am saddened to see that the quality of discussions on here has dropped to the level of feng qing mouth cannons.

China's does not "commit" to potential allies? Are multi-decade economic deals not commitment enough for you?

Of course not, you probably mean China should be extending a security umbrella to those countries, like the US does to its vassals.

Did you all forget that China doesn't have even a fraction of the US' global projection capabilities? As amazing as the PLA recent modernization have been, it was designed to achieve near parity with the US on China's doorsteps.

Currently, China cannot even offer security guarantees to Solomon Islands, what makes you think China can or wants to defy the US military in South America and the Middle East?

Making empty promises is far worse than not making promises at all.
China doesn't need to provide security around the globe, it's clear that this capability is still not quite there yet.

But enforcing American sanctions or imposing your own sanctions against countries that should be Chinese allies? That just doesn't look good. Multi decade economic deals are great words but what matters is the action on the ground. And no matter what economic deal there might be, if the US is putting pressure on China and threatening sanctions, Chinese state owned companies quietly pull out of projects. Apparently, previous governments were unwilling to accept any significant economic cost for supporting an ally. But this obviously isn't working anymore since the Americans started the trade war. So China might as well give them a reason for doing the sanctions that they were going to impose anyway even with no reason. Dropping all sanctions against North Korea should be an easy start
 

solarz

Brigadier
China doesn't need to provide security around the globe, it's clear that this capability is still not quite there yet.

But enforcing American sanctions or imposing your own sanctions against countries that should be Chinese allies? That just doesn't look good. Multi decade economic deals are great words but what matters is the action on the ground. And no matter what economic deal there might be, if the US is putting pressure on China and threatening sanctions, Chinese state owned companies quietly pull out of projects. Apparently, previous governments were unwilling to accept any significant economic cost for supporting an ally. But this obviously isn't working anymore since the Americans started the trade war. So China might as well give them a reason for doing the sanctions that they were going to impose anyway even with no reason. Dropping all sanctions against North Korea should be an easy start

Are we talking about North Korea here?

North Korea doesn't have any options. Xi Jinping could literally bitchslap Kim Jongun, and North Korea would still be an "ally".

NK is China's guard dog. Sometimes you have to pretend to punish your dog, but that doesn't keep you from unleashing it when needed.
 

luminary

Senior Member
Registered Member
We could say that younger generations will have more assertiveness and confidence in China's power, but I cannot say they will be any more worldly. Most students that come to US are STEM and prefer to stay in their Chinese clique or enclaves. The upside of this is that in their "naivety", these generations have hopes and visions of the future not encumbered by the defeatist cynicism of the falling West.

China's cultural isolationism is a strength and weakness that is a subject not easy to advise on but we can all agree it creates hilarious situations. Reading Wang Huning's America against America accurately depicts China's struggle to understand other societies. China's attitude to the 8 nations seem to vacillate between "white worship" and "barbaric foreigners", and its cultural understanding of nonwhites are even worse. Let's not pretend China is any far from the Phillipines- the only difference is China's ego has gotten bigger since 2008 and Trump gave us a helpful push towards independent thinking. Perhaps before China attempts to deprogram others it should first deprogram itself.

Given China's lack of interest in the new world order and Russia's impotence, it will ultimately be the West's collapse that defines what will come next. Who will it drag down with them and which of their institutions will collapse first? What reactionary actions will they force China to take to defend against their death throes?
I believe there is also an awareness of this educational deficiency in Xi's establishment.
Please, Log in or Register to view URLs content!
China raises status of international law studies in push for home-grown global expertise
  • Beijing will support qualified institutes to upgrade international law studies from a second-grade discipline to first grade
  • Academic says several major diplomatic incidents – such as the South China Sea arbitration – were essentially legal issues, sparking the shift
 

TK3600

Captain
Registered Member
Please, Log in or Register to view URLs content!

Relevant news: Iran and Saudi Arabia restore relation under Chinese support. Like I said, China is shedding the passive diplomatic stance and is now actively engaging diplomacy across the world. I expect this pattern to continue. There is already news of Chinese envoy visiting Israel.
 
D

Deleted member 23272

Guest
LMAO at all the posts hyperventilating about China not doing anything.
Its a military focused forum, so its no surprise some members hold the opinion that China should be more like the what Soviet Union was and not hesitate to deploy military hardpower, as well as pick sides as if the world was black and white. But we are in the multipolar world, a complicated one with an ever shifting array of interests and alliances. In this context, one of the main unifiers remains trade, so perhaps it would be prudent to not dismiss China's reliance on diplomacy and economics as ineffective.
 
Top