by Nomi Prins
Daily Reckoning
China’s President, Xi Jinping rolled out “the Chinese Dream” when he took the helm of the Party in 2012. “In my view, realizing the great renewal of the Chinese nation is the Chinese nation’s greatest dream in modern history.”
In the past few years, he’s been on that mission. China has taken a greater role of influence in BRICS, ASEAN, and the Shanghai Cooperation Organization. Its currency is becoming part of the SDR basket.
China’s territorial ambitions and environmental focus, plus international respect for China as a viable super power alternative to the U.S., are accelerating, not decelerating — despite what you may be hearing from main stream media reports about its slowing economy.