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> The only one profiting is China since they've mostly transitioned away from oil... They had to use their own oil reserves to regulate the market, where they
by elias_t 2mo ago
> The only one profiting is China since they've mostly transitioned away from oil...
They had to use their own oil reserves to regulate the market, where they win is in soft power
- dnautics 2mo ago> soft power hows that going for them?
- elias_t 2mo ago> hows that going for them? "In its July 15 report — based on interviews with more than forty-two thousand people across thirty-six countries — Pew found that China is now viewed more favorably than the United States in most nations surveyed." [0] [0] https://www.cfr.org/articles/china-now-outranks-the-united-states-in-global-favorability-what-happened https://www.cfr.org/articles/china-now-outranks-the-united-s...
- dnautics 2mo agofta: "this is a story driven more by an American decline in soft power than by a Chinese surge." sonething tells me this will shift by the end of the decade