Good summary of where China is headed with respect to geopolicy and geostrategy. While this site emphasizes gold, it's both true and important that China has a traditionally strong relationship with gold, as does India. China has started to make its move and the geopolitical, geostrategy, and economic implications are going to be huge.
Gold Dragons Grand Strategy
Richard Mills
"security cooperation group consisting of six Central Asian countries: China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan."
ReplyDeleteThey've formed a group to "secure" what exactly?
Nobody even wants to go to these places unless they have to or are made to....
"Hey let's go on vacation next year to Uzbekistan!" Whaaaaaaaaaaaat?!
China has a traditionally strong relationship with gold
ReplyDeleteAs a currency? I thought one of the main reasons China's empire never spread like the western versions, was because they didn't base their currency on gold, so had no need to go in search of it.
@ James
ReplyDeleteNot as a currency. Rather Chinese and Indian people regard gold as a sign of wealth, and they like to collect it.
This is also spilling over into central bank policy as a reserve.
Other countries look at the US and its huge gold reserve and think that if they are to be considered wealthy countries and great powers, then they will have to compete with the US gold reserve.
The world still acts very much as if there were a gold standard in place.