In These New Times

A new paradigm for a post-imperial world

Economic realpolitik brings Asia’s big guns together

Posted by seumasach on October 30, 2018

So much for containing China! Multipolarity provides China with an abundance of alternatives, as in this unprecedented convergence with Japan, a member of the Quad grouping. The ball is well and truly back in Trump’s court. Will he persist in the path of confrontation with China or is his bellicose stance just a prelude to a deal? We will see, perhaps, after the forthcoming Trump-Xi talks.

Asia Times

26th October, 2018

Nothing beats a potential financial crisis to bring geopolitical rivals together. This dynamic was on full display in Beijing Friday when the premiers of China and Japan joined hands on a US$30 billion currency swap, a yuan clearing bank and business deals worth billions.

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