Comment by bigyabai
11 hours ago
I don't know if it's that hard to figure out, at least in the short-term. China's #1 goal should be to keep the value of their currency stable and push hard on the neoliberal expansionist path. If the United States' financialized economy starts to sag, this is China's opportunity to provide discount stability to the nations that China needs as allies.
> China's #1 goal should be to keep the value of their currency stable
this kinda goes against the very policy of China for the last decade-2-3 of almost-manual depreciation of RMB to make export easier
> this is China's opportunity to provide discount stability to the nations that China needs as allies
and it's US strat to boost allies with money donations - while China seems to be more about joint infrastructure and industry building