BASF is moving to China no way they can compete with current energy prices. BYD is a game changer in EV. They Re churning EV at $10K price range something you can charge on a credit card. Japanese, European and American auto maker are shirtless scared, in 3 to 4 years time 80% of cars in global south will be Chinese mad. Blinken and Nuland messed up big time for America with Ukraine war. European are done .
No complaints here. The US was overtaken by China in the last decade. Economically and technologically. But the US still leads in military and diplomacy - the latter being the over-leveraged dollar supremacy.
We have known all along the West cannot fare well in a fair match- they are sustained by looting and thuggery and all kinds of savagery. How would Israel survive without blood-diamonds from the Congo?
I believe this is the principal reason for the Gaza genocide - to escalate regionally - and provoke China into a war it is not yet ready to win decisively. The Ukraine playbook.
China is too smart to fall for their tricks.