So, back on March 16th I wrote an article about the Chinese brokered Iran-Saudi Arabia peace deal. At the end of the article I wrote:
I am most interested to see if this will mean some sort of peace can be worked out in Yemen, or if it means the Iranians will abandon the Houthis, which would be sad.
Turns out peace with Yemen was almost certainly part of the deal:
Saudi Arabia has decided to end the war in Yemen . A Saudi delegation will travel to Sana’a next week to conclude an agreement with Yemen, Reuters reported
I suppose it’s a little early to be sure the war will end, but it seems very likely and this wouldn’t have happened without China. The US helped Saudi Arabia bomb the hell out of Yemen and cause a massive famine: China helped bring peace.
This is part of a massive realignment happening right now.
The number of states that are planning to join BRICS and Shanghai Cooperation Organization (SCO) increased significantly last year, about 20 countries want to join……Among them are Turkey, Mexico, Indonesia, Argentina, Saudi Arabia, the UAE, Egypt and a number of other African countries.
China will now be the most important member of the most important economic organizations in the world, other than the WTO and perhaps the IMF, though the IMF is going to be increasingly sidelined, because loans from the IMF always come with horrible conditions and more and more there will be other alternatives.
China is the biggest trade partner for almost every nation in Africa and South America already, so this realignment only makes sense. Those expecting the US to remain the center of the economic world when it was no longer the most important economy in the world were always fools.
I suspect a some of this is also due to freeing up Russian gas and oil for sale to non-European buyers. Again, the locus moves away from the West to the non-West.
China may not be the most important country in the world yet, but it’s only a matter of time absent war or some catastrophe stopping them. None of the countries joining ever liked America and China just offers a better deal on almost everything from loans to goods to IP.
The sun is near the horizon for the American Empire as world hegemon and the opposing bloc in the new bipolar world will be economically stronger than America’s bloc.
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