sc94597 on 20 September 2017
| Birimbau said: The petrodollar and its status as reverve curreny is what gives US advantage, so every country needs to have dollars if they want comodities like oil, but there are moves to replace it as China plans commonity trade directly in a gold backed note instead of using dollar. |
It's not just the dollar that entangles China and the U.S. It is also the highly active American consumer base who purchase almost half a billion dollars worth of Chinese goods every year. The U.S is China's second largest trade partner after the European Union, and due to the nature of NATO a war with the U.S will likely bring many European countries in opposition to China as well. Again, they are not going to risk that for North Korea.
