Are US and China competing without conflict?
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US is waging a tech war with China and China is waging a financial war with the US rn. US is rallying 'like minded' countries to stifle China's technological development particularly in the field of semiconductors to prevent China from accessing high end chips. Meanwhile China is using BRI and BRICs nations to promote dedollarization in favor of countries trading in local currencies to bypass US sanctions.
In the military front, US is trying to form an Asian NATO alliance with SK and Japan and announced they will be expansioning their bases in the Philiphines to complete the encirclement of China in the indo pacific. A miscalculation in the SCS or the Taiwan strait could trigger a military conflict but with the Ukraine war still ongoing both China and US cannot afford another war at this time.
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In the military front, US is trying to form an Asian NATO alliance with SK and Japan and announced they will be expansioning their bases in the Philiphines to complete the encirclement of China in the indo pacific. A miscalculation in the SCS or the Taiwan strait could trigger a military conflict but with the Ukraine war still ongoing both China and US cannot afford another war at this time.
China spends little to no resources in the Ukraine war unlike the US, in fact they get cheap energy resources from Russia that is now hastily re-routing their existing gas & oil trade paths to China.
However, there are many avenues for China to escalate against the US provocations without firing shots in the SCS or Taiwan strait. The US could respond with sanctions, of course, but Russia-induced inflation was limited primarily to commodities, while inflation induced by anti-China sanctions would be across the whole spectrum of goods if they are similar in scope. Not even talking about the speed run of de-dollarization if they try to seize Chinese assets & foreign reserves.
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US is waging a tech war with China and China is waging a financial war with the US rn. US is rallying 'like minded' countries to stifle China's technological development particularly in the field of semiconductors to prevent China from accessing high end chips. Meanwhile China is using BRI and BRICs nations to promote dedollarization in favor of countries trading in local currencies to bypass US sanctions.
In the military front, US is trying to form an Asian NATO alliance with SK and Japan and announced they will be expansioning their bases in the Philiphines to complete the encirclement of China in the indo pacific. A miscalculation in the SCS or the Taiwan strait could trigger a military conflict but with the Ukraine war still ongoing both China and US cannot afford another war at this time.
Cannot afford another war? Ukraine is a mere drop in the bucket. Clearing out old weaponry on the targets they were intended to be used on ages ago. That war's done nothing to detract from American battle-readiness, but it does speak to the fact that the US is already engaged in a second cold war with Russia. China would just be a late arrival at this point. Do I think any direct conflict kicks off? No. To put it succinctly, China is full of hot air, just like their balloons. Same as Russia & Putin's empty head.
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China is too busy fighting a war against its own people - they haven't got enough resources left to attack outside their own borders. The CCP won't take any chances until after a self-inflicted economic collapse wipes out the West. Unfortunately, the West's silly policy decisions seem to have made such a collapse inevitable.
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