What's new

Sputnik: Russia, China Plan Large-Scale Military 'Events' in 2017

I hope not..

The chance Russia vs America bigger than China vs America

Our trade surplus with America getting bigger and bigger.. we should milk them till they dry.
That's China way. :azn:
Subdue enemies without fire single bullet :dance3:
On March 29 BEA released the US net international investment position (NIIP) as of year-end 2016, decreased to -$8,109.7 billion (preliminary) at the end of 2016 from -$7,280.6 billion at the end of 2015, implying a negative NIIP at -44% of GDP (or ‑45%, see note *). Year-on-year decrease is $829.0 billion, equivalent to -4.5% of GDP. So even if the decrease doesn't accelerate (doubtful, US is still raising defence burn rate), as per current fiscal policy NIIP will sink to below ‑60% of GDP in less than 5 years, approaching a range in which other countries have encountered difficulties (EU set this as warning level, see note **). Greek debt can be dealt with by Germany, but no one can handle US debt, not even GCC, China and Japan combined.

intinv416-chart-01.png

Source https://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm
*Note, the BEA headline number includes US holdings of gold (about 1.5 percent of GDP), which are not a claim on foreigners. For comparability across countries, this post uses the definition of NIIP adopted by the External Wealth of Nations database of Philip Lane and Gian-Maria Milesi-Ferretti.
**Post #76 at https://defence.pk/pdf/threads/who-are-worlds-top-10-largest-creditor-nations.455610/page-6

Deteriorating international BoP imbalance is a harsh reality, as world's biggest exporter and largest creditor nation, it's increasingly urgent for China to re-balance its global trade & investment strategy, which used to be largely dollar-denominated (US public debt) and US-heavy (still 18% of exports). While China re-balances itself towards a much wider OBOR, note the geopolitical complexity, just MENA alone isn't easy, other regions like NE Asia, SE Asia, S Asia, W Europe, CE Europe, C Asia, Caribbean & LatAm, Sub-Saharan Africa and such are no less complicated, not to mention powerful institutions like IMF, OPEC, EU, ASEAN. Russia being a geopolitical superpower is a critical partner.
 
ASTANA (Sputnik) — Putin noted that recently Moscow was visited by the Foreign Minister of China, Wang Yi, who together with his colleagues from Russia was preparing for the upcoming visit of the Chinese president to Moscow. Putin expressed confidence that this visit would become "an important and great event in bilateral relations."

"We are now preparing the main event in bilateral relations [of Russia and China], your visit to Russia," Putin said at a meeting with the Chinese leader.

The Chinese president wished that Russia achieve new successes. He also congratulated Putin and the Russians on the upcoming holiday, Russia Day.

"I sincerely wish that under your strong-willed leadership Russia achieve new successes on the path of state development and revival," Xi stressed.

The Chinese leader stated that he was holding many meetings with Putin this year at various venues.

"This shows that Chinese-Russian relations are at a high level and have a strategic character and sustainability," Xi stressed.

Xi is expected to visit Russia on July 4.


https://sputniknews.com/russia/201706081054447187-putin-xi-visit-relations/
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Back
Top Bottom