- Sep 1, 2019
- 135
- 39
- 101
Soon China will take over Taiwan.
Europe and America can no longer stand against China because they are addicted to cheap Chinese goods/products.
Europe and America cannot sanction China because high inflation will affect Europe and America and there will be a shortage of goods. China is self-sufficient and sanctions will be ineffective.
Europe and America slept and lost.
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Josep Borrell: (High Representative of the European Union for Foreign Affairs and Security Policy)
I see [that] the international system, that we were accustomed to after the Cold War, no longer exists. America has lost its status of a hegemon. And the post-1945 multilateral [world] order is losing ground.
I see – as you know - China rising to the super-power status. What China has done in the last 40 years is unique in the history of humankind. In the last 30 years, China’s share of the world’s GDP, at PPP, has gone from 6% to almost 20%, while we, Europeans, went from 21% to 14% and the United States from 20% to 15%. This is a dramatic change of the economic landscape.
Europe and America can no longer stand against China because they are addicted to cheap Chinese goods/products.
Europe and America cannot sanction China because high inflation will affect Europe and America and there will be a shortage of goods. China is self-sufficient and sanctions will be ineffective.
Europe and America slept and lost.
--------------------------------------------------------------------------------------
Josep Borrell: (High Representative of the European Union for Foreign Affairs and Security Policy)
I see [that] the international system, that we were accustomed to after the Cold War, no longer exists. America has lost its status of a hegemon. And the post-1945 multilateral [world] order is losing ground.
I see – as you know - China rising to the super-power status. What China has done in the last 40 years is unique in the history of humankind. In the last 30 years, China’s share of the world’s GDP, at PPP, has gone from 6% to almost 20%, while we, Europeans, went from 21% to 14% and the United States from 20% to 15%. This is a dramatic change of the economic landscape.
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