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China has many internal problems and is not looking for the world dominance, at least not in the medium term. It wants to continue building up its economy, not
by ptero 1y ago
China has many internal problems and is not looking for the world dominance, at least not in the medium term. It wants to continue building up its economy, not get involved in conflicts on the other side of the world. Rapid expansions lead to societal changes at home and is something China is really keen to avoid today. My 2c.
- zrobotics 1y agoHow does that square with belt and road? I would agree they aren't looking for world dominance, but from my POV they certainly are looking to be a more major player internationally. Especially in the '3rd world', they will likely end up with more influence than the US since we dropped USAID.
- ptero 1y agoI see belt and road as orthogonal to the above. This is an initiative focused on a mix of PR and economy. While there are likely many layers of the intent behind it, I think the main one is to establish resource access as well as access to the markets for China exports and enable the stable growth of the Chinese economy. The success of the initiative still remains to be seen: it is definitely not a failure, but many things can derail it, both inside and outside of China. In either case I see very little desire from the China to throw its non-economic might around outside of what they consider to be part of the Greater China territorial area (Taiwan, South China and Philippine seas). My 2c.