In a rare meeting with heads of 40 multinational companies, Chinese leader Xi Jinping sought to strike a contrast with protectionist President Donald Trump.
“China was, is, and will be an ideal, safe, and promising investment destination for foreign investors,” Xi told the gathering, which included leaders from American businesses including Pfizer, FedEx and asset manager Blackstone. “Going with China is going with opportunities, believing in China is believing in tomorrow, and investing in China is investing in the future.”
The end of USA? It began with Bush v Gore. This is act 2.
Maybe the ideological end. I’m talking about the collapse of the dollar–which is synonymous with the US. We’re already talking about defaulting on loans, and now our economic competitors are offering safe haven for billions in investments because the dollar isn’t in a good place. People generally don’t like to flop large sums of money around. If its in dollars, they’ll keep it there until there’s a reason not to–and vice versa. If confidence in the dollar is low enough that people run to China for investment opportunities to protect their capital, they’ll never return to the dollar.