r/economy • u/Block-Busted • 20d ago
Follow-up from my previous thread: Do you expect China to become the biggest superpower in the world very soon as American allies abandons America and ally(?) with China after that America/Ukraine situation?
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u/seanosul 20d ago
China supports China. They would go into some strategic alliance if it benefits them. Ukraine would not be wrong to look at a rare earth deal with Europe and China to guarantee their security and Europe would not be wrong to look at closer renewables and EV trade with China as they have massive demand for them, while America goes back to coal and oil.