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China-US decoupling gushes out — MK. Bhadrakumar

Summary:
Evidence of further decoupling of the Global North/West and Global South/East as a manifestation of a multipolar world order. This is also the manifestation of decolonization. Considering that the major growth is expected in the Global South/East, as well as its being the location of most natural resources, this may be shortsighted of the Global North/West. The alternative seems to be submitting the Global South/East to continued colonization through superior economic and military power. That is being tested now and so far it is not going according to plan. But it is yet early in this episode of the great game that has been underway since the rise of the West a millennium after the fall of the Roman Empire..India PunchlineChina-US decoupling gushes outMK. Bhadrakumar | retired diplomat

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 Evidence of further decoupling of the Global North/West and Global South/East as a manifestation of a multipolar world order. This is also the manifestation of decolonization. Considering that the major growth is expected in the Global South/East, as well as its being the location of most natural resources, this may be shortsighted of the Global North/West. The alternative seems to be submitting the Global South/East to continued colonization through superior economic and military power. That is being tested now and so far it is not going according to plan. But it is yet early in this episode of the great game that has been underway since the rise of the West a millennium after the fall of the Roman Empire..

India Punchline
China-US decoupling gushes out
MK. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador.

See also

Reuters
EXCLUSIVE India's top cement maker paying for Russian coal in Chinese yuan
Sudarshan Varadhan, Aftab Ahmed and Nupur Anand
https://www.reuters.com/business/exclusive-indias-top-cement-maker-paying-russian-coal-chinese-yuan-2022-06-29/
 


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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