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Most of those who have had a chance to witness Chinese internationalist mega-projects, clearly understand that the West is near to collapsing; it will never be able to compete with tremendous enthusiasm and progressive spirit of the most populous country on earth, which on top of it, is built on socialist principles (with Chinese characteristics).
Writing this essay in rural Laos, I just saw, literally an entire army of Chinese engineers and workers in action, building huge bridges and tunnels, connecting one of the poorest countries in Asia, to both China and Southeast Asia, erecting hospitals and schools, small factories for the rural population, airports and hydro-electric power plants or in brief: putting the great majority of Laotian people out of poverty by providing them with both livelihood and infrastructure.
China does precisely this all over the world, from the tiny South Pacific island nations to African countries, plundered for centuries by Western colonialism and imperialism. It helps Latin American nations that are in need, and while it does all that, it is also quickly growing into a middle class, ecologically and culturally responsible nation; a nation which is likely to eradicate all extreme misery very soon, most likely by the year 2020.
The West is horrified!
This could easily be the end of its global order, and it could all actually happen much earlier than expected.
And so, it antagonizes, provokes China, in all imaginable ways possible, from the US military buildup in Asia Pacific, to encouraging several Southeast Asian countries plus Japan to politically and even militarily irritate the PRC. Anti-Chinese propaganda in the West and its client states has lately been reaching a cacophonic crescendo. China is attacked, as I recently described in my essays, from literally all sides; attacked for being 'too Communist', or 'for not being Communist enough'.
The West, it seems, despises all the economic practices of China, be it central planning, 'capitalist means for socialist ends', or the unwavering desire of the new Chinese leadership to improve the standard of living of its people, instead of enriching multi-national corporations at the expense of the common citizens of the PRC.
It looks like a trade war, but it actually is not: like the 'West versus Russia', the 'West versus China' is an ideological war.
China, together with Russia, is effectively de-colonizing part of the world which used to be at the mercy and disposal of the West and its companies (as well as the companies of such client-states of the West as Japan and South Korea).
However it is being labeled, de-colonization is clearly taking place, as many poor and previously vulnerable countries worldwide are now seeking protection from Beijing and Moscow.
But to 'add insult to injury', parallel to de-colonialization, there is also 'de-dollarization', that is inspiring more and more nations, particularly those that are victims of Western embargos, and the unjust, often murderous sanctions. Venezuela is the latest such example.
The most reliable and stable 'alternative' currency that is being adopted by dozens of countries, for international transactions, is the Chinese Yuan (RMB).
The prosperity of the entire world, or call it 'global prosperity', is clearly not what the West desires. As far as Washington and London are concerned, the 'surrounding', peripheric world is there predominantly, to supply raw materials (like Indonesia), cheap labor (like Mexico), and guarantee that there is an obedient, indoctrinated population, which sees absolutely nothing wrong with the present arrangement of the world.
In his recent essay for the Canadian magazine Global Research titled "IMF -- WB -- WTO -- Scaremongering Threats on De-Globalization and Tariffs -- The Return to Sovereign Nations" a distinct Swiss economist and a colleague of mine, Peter Koenig, who used to work for the World Bank, wrote:
"As key representatives of the three chief villains of international finance and trade, the IMF, World Bank (WB) and the World Trade Organization (WTO) met on the lush resort island of Bali, Indonesia, they warned the world of dire consequences in terms of reduced international investments and decline of economic growth as a result of the ever-widening trade wars initiated and instigated by the Trump Administration. They criticized protectionism that might draw countries into decline of prosperity. The IMF cuts its global economic growth forecast for the current year and for 2019.