Chinese-Dragon
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Excellent post, I have been trying to make the exact same point here in this post:
Abe's Strategy: Rearrange Region's Power Balance | Page 14
And I provide a solution and road map for China here:
Abe's Strategy: Rearrange Region's Power Balance | Page 19
There may not be an EU in Asia, but it is possible to expand the SCO as a military alliance and cover most willing Asian nations except India. And those who are willing to join this new military alliance, Chinese investments should go to only these countries. Potentially there is at least 1.7 billion people in these Asian nations, much bigger than the population of India, where much more money can be made. Almost every one of these nations is more efficient than India:
Global Hunger Index | International Food Policy Research Institute (IFPRI)
The only thing India has going for it is its size and its fantastic ability to deceive.
After these allied Asian nations, the next in priority for investment should be Sub-saharan Africa and Latin America. Arabs have their own money for investing in Arab League nations.
There is no need for a BRICs alliance to break hegemony of US, the fading away of US has already started and it will only accelerate every passing year. Helping India because of BRICs alliance will only set up China to make the exact same mistake the US did just a few decades back.
The thing is, we are already investing massively in all those regions you mentioned, due to our shift away from domestic-investment led growth. To the point where people are talking about Chinese "neo-colonialism", that's how much we are investing.
But our surpluses are so enormous that it cannot be absorbed, we are even resorting to buying "land" in places like Ireland and Ukraine, and water infrastructure in Britain.
The only reason India did not receive much, is because their Congress regime opposed all Chinese investment due to their political stance.
But Modi is much more pro-Chinese investment.
We can sit back, and let the USA + EU + Japan take all the lucrative infrastructure projects in India (since India's own government has destroyed their own fiscal situation and cannot afford it)... or we could seek those profits ourselves.
Which also strengthens the BRICS, and thus causes more heart attacks for the American dreamers that plan of upholding their global hegemony.
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