And I can add as well that this isn't just well known by the Chinese leadership, it has also been seen from afar for a very long while.

It's for that reason why China never needs to lift a finger militarily on the subject of Taiwan. Saber rattling aside, the Chinese simply need to maintain their time preference differential vis a vis the US.

As I tell everyone, when it comes to the "Great Game 2.0", the Chinese are mopping the floor with everyone else deemed a supposed geopolitical peer.

Reply to this note

Please Login to reply.

Discussion

So the country that bans bitcoin outright wins. Got it. Wait…