AdvertisementsThe fact that China is the world’s second largest economy, and is naturally building its military and nuclear weaponry—as all rising hegemons have done in past centuries—makes this exercise necessary. Add to this Beijing’s admission that it is directly competing to replace the US as the world’s top economy. The official report of the congress says Xi’s Thoughts on Socialism with Chinese Characteristics for a New Era (for China) has been “enshrined” in China’s constitution. Probably faster and cheaper way to control the trade in the region too while the recipients can feel the assistance. The right of any country or person to protect its or his own self-interest must be respected and allowed by all.
Source: Manila Times October 29, 2017 11:15 UTC