theprof00 on 07 September 2017
Oh no I am not under the naive idea that we're friends with China.
But what I'm saying is that with the amount of money we owe China, we can potentially work something out with them. Give China control over nk, trade it for debt write-off.
Both increases our positions globally. Again, neither of us would want to give the other this, but nk is becoming a nuisance to everyone even China.
The smart thing to do is to make the situation beneficial to both, even if it means trading something away.
China loses economic control over us debt, but gains more strength in South China Sea, us loses positioning in scs, but gains a degree of economic relief.
