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U.S. Hegemony and Its Perils — Xinhua

Summary:
ConclusionWhile a just cause wins its champion wide support, an unjust one condemns its pursuer to be an outcast. The hegemonic, domineering, and bullying practices of using strength to intimidate the weak, taking from others by force and subterfuge, and playing zero-sum games are exerting grave harm. The historical trends of peace, development, cooperation, and mutual benefit are unstoppable. The United States has been overriding truth with its power and trampling justice to serve self-interest. These unilateral, egoistic and regressive hegemonic practices have drawn growing, intense criticism and opposition from the international community.Countries need to respect each other and treat each other as equals. Big countries should behave in a manner befitting their status and take the

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 Conclusion

While a just cause wins its champion wide support, an unjust one condemns its pursuer to be an outcast. The hegemonic, domineering, and bullying practices of using strength to intimidate the weak, taking from others by force and subterfuge, and playing zero-sum games are exerting grave harm. The historical trends of peace, development, cooperation, and mutual benefit are unstoppable. The United States has been overriding truth with its power and trampling justice to serve self-interest. These unilateral, egoistic and regressive hegemonic practices have drawn growing, intense criticism and opposition from the international community.

Countries need to respect each other and treat each other as equals. Big countries should behave in a manner befitting their status and take the lead in pursuing a new model of state-to-state relations featuring dialogue and partnership, not confrontation or alliance. China opposes all forms of hegemonism and power politics, and rejects interference in other countries' internal affairs. The United States must conduct serious soul-searching. It must critically examine what it has done, let go of its arrogance and prejudice, and quit its hegemonic, domineering and bullying practices. 

Cold War in progress. China has been taking off the gloves verbally after constantly being "humiliated" by the US.

The white paper is extremely harsh and pulls no punches. It reads like a declaration of war.

Is Chimerica about to fall to decoupling? Where is this headed economically? Are investors taking such developments sufficiently into account?  

ECNS (Chinese official English news service)
U.S. Hegemony and Its Perils
Xinhua (Chinese state media)
Originally at the official website of the Ministry of Foreign Affairs of the People's Republic of China

UPDATE: 

UPDATE: 
Geopolitical Economy
Ben Norton

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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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