五千年(敝帚自珍)

主题:cited article, 中国除了不断地说“不”之外 -- parishg

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家园 agree.

but you need to assume war first. Are you sure you can definitely win the assets in America in the end? Are you so sure your allies, such as Russia, Iran, Vietnam, North Korea are so reliable? China is importing at least 4m barrels of oil through the Indian ocean-mid-east route. That's almost half of China's daily oil demand. Do you think we have reliable partners along that crucial route? Esp., Singapore on the chokepoint.

What China needs to do is to avoid accumulating MORE USD treasury notes and proposing a new system upon other means of international payment. Past mistake is already done-- it is time to learn, friend.

Do not give childish complaint. You know lots of solutions are not practical. In 1970s, Europe had exactly the same problem against a weakening dollars. Did they enforce their creditor rights? They were even stronger than China then, how come they failed?

They learned the lesson and now switched to a Europe-based common currency. Should Chinese still follow the same USD-centered system more and accumulate more IOUs?

China needs to have a more unified Asia and in the end, squeeze out dollar from the Asian economic community. Jin Di Wan Tian is exactly proposing that--he is a practical man with vision, never giving childish complaints.

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