/economics/the-long-term-dangers-of-chinas-expanding-swap-line-strategy-financial-dependence-and-geopolitical-influence/ Fact-based, well-reasoned perspectives from around the world Sat, 01 Mar 2025 09:21:35 +0000 hourly 1 https://wordpress.org/?v=6.9.4 /economics/the-long-term-dangers-of-chinas-expanding-swap-line-strategy-financial-dependence-and-geopolitical-influence/#comment-40220 Sat, 01 Mar 2025 09:21:35 +0000 /?p=154666#comment-40220 This is a detailed and interesting piece. However, it forgets a key point. Western institutions have been declining. That is why other countries are casting about for alternatives. Also, the West uses its financial architecture to impose its norms as well. China is playing the same game although not so well because it is fundamentally authoritarian and culturally insular. Yet money does buy China some love 😉

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