[esics6A]

Nations no longer matter at all what remains are networks of interconnected multinational corporations. These networks are based and administrated by governments that exist solely to provide services to their corporate clients and represent their interests globally. USA vs China competition is a quaint and an obsolete notion. The world hasn't worked that way since the 1970s and the end of the Cold War marked the end of major nations being sovereign entities as capitalism prevailed.

EU is still paying Russian corporations for oil and natural gas and the existing pipelines keep running and will keep running as long as the Russian oil fields have supply. This is an essential input to EU based corporations especially manufacturing and heavy industry. Chinese corporations work closely with their American corporations using a single global financial system that's been around for over 75 years. These corporations compete fiercely in markets but their boards and officers are best friends and know each other by first name basis.

US/EU/UK are the maintainers of this global financial system and bear the costs of maintenance and regulation. This works for Chinese companies as China doesn't have to take the costs of maintenance and can enjoy the benefits for free. It's a gift from US/EU/UK to China and they appreciate it and love Dollars/Euros to buy nice mansions, yachts and other luxuries.

China and USA governments engage in political theatre to keep their people motivated to work and further corporate interests which benefit them mutually. War is very bad for business and the Chinese government especially Xi is very disappointed with Putin's stupid and reckless activities.

[eternalban]

I wonder if Xi will survive his bromance with Putin.

Did you read this? https://www.airuniversity.af.edu/CASI/Display/Article/292349...

[esics6A]

Xi will survive anything, he's the leader for a life term until he decides to step down, nothing will happen to him. Putin is a fool if he believes that Xi pull put Putin's personal interests in a barbaric part of Europe ahead of Chinese corporate interests. Documents like these are filled with language that means nothing. Chinese government always publishes these things and then does something completely different.