9 points

permalink
report
reply
6 points

TBH I don’t understand the urgency behind getting their money out of US banks.

If you look at Russia, the American war machine had been knocking at their doorstep for approximately a decade the Nazification of Ukraine and the assault against Eastern Ukraine.

With China, the acts of escalation have been Hong Kong protests (which have subsided for a while) and the recent round of sanctions to prevent the diffusion of high technology. But the situation has not come close to a scenario where their American assets could be freezed.

permalink
report
reply
18 points

It’s probably still better to get ahead of it early, since the sanctions are clearly a warning sign

permalink
report
parent
reply
17 points

I think he’s correct that China wants to move USD and Euro into Chinese banks and then use these assets to collateralize new loans in any currency, and create new economic growth elsewhere. It makes sense to start moving assets out before things deteriorate to the point when it’s no longer possible to do. This way they can potentially use these assets to kick start a new BRICS trading system.

permalink
report
parent
reply
13 points
*

theyve been arming taiwan for years and increasing the sinophobic rhetoric, they just now sanctioned their leading industries. If not now, when?

permalink
report
parent
reply
1 point

I found a YouTube link in your post. Here are links to the same video on alternative frontends that protect your privacy:

permalink
report
reply

Geopolitics

!geopolitics@lemmygrad.ml

Create post

The study of how factors such as geography, economics, military capability and non-State actors affects the foreign policy of states.

All articles will require a short submission statement of 3-5 sentences.

Use the article title as the submission title. Do not editorialize the title or add your own commentary to the article title.

In this community we encourage long, in-depth submissions. Submissions should not be news articles that merely provide quick updates on current events; instead they should include background information and an explanation as to why the events they describe are occurring.

Submissions should not be about an individual country’s domestic policies. Instead, they should be about relationships between different countries and/or relevant international organizations. Things like breakaway politics are permitted in this subreddit, as they are relevant to and could affect the geopolitical system.

Submissions are strongly encouraged to come from reputable sources. When posting from a lesser known source, please check whether the authors have some sort of qualification demonstrating they are knowledgeable of the subjects they discuss.

Sources that include (or solely contain) maps, statistics, or other multimedia (videos, interviews, primary sources, etc.) are permitted and even encouraged in this subreddit.

We encourage discussion and welcome anyone to pose hypotheses and ask questions. We allow self-posts.

We encourage comments to be cited.

Community stats

  • 123

    Monthly active users

  • 262

    Posts

  • 609

    Comments