Saturday, May 11, 2024

Why the West should NOT confront China the way it does right now.

  Here's the giant 2024 Guangzhou Fair. 74,000 booths. (Video - 18mn)

 And here the 2024 Beijing Auto Fair. (Video - 16mn)

  Now, here's my prediction: Whatever absurd and stupid measures Washington takes, Beijing will NOT attack Taipei. Why should they? China is on the bring of becoming the engine of the world. Imperial ambitions may come later but for now, Beijing means business. China is developing and needs to keep doing so for the foreseeable future. Eventually, it may represent a danger for the West, but to my opinion it would be far wiser to learn to deal with the country than systematically confront it in a way which will fare no better than the military confrontation with Russia. 

  China is not out of the woods yet. It still has to deal with its giant real estate bubble and a fight against pollution and land degradation which is far from won at this stage. Dealing with China means competition and cooperation. This is what we had 10 years ago to everybody's benefit. The desperate and absurd profiling of China as an enemy of the United States and therefore the West must be reversed. This is the only way we can walk away from the edge of the precipice. Will this happen? Let's be optimistic against the odds for once. The alternative will bring absolutely nothing to anyone, including the narrow minded elites who believe they can come on top of a confrontation. They can't! 

  Two important events will take place in the next few weeks: The G7 and the BRICS. If the G7 is conciliatory, unlikely but not impossible, the BRICS will be another "working cession". If not, the process of integration will accelerate and the confrontation will become more acute. As I predicted earlier, the world we live in from now on will be decided by the end of this month. Let's hope for the best. This may be our very last chance!

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