In one of our recent client letters, The Chinese Connection, we discussed China’s role on the world stage as the world’s second-largest economy and as an aggressive power seeking dominance in both economic and military matters. The relevance to our financial plans stems from the almost daily impact on economies and markets that China has. And while military matters might not seem as relevant as trade policy, we would suggest that, for China, it is all tied together. One grand strategy with many components. This Wall St. Journal article titled “Vietnam Told China to Get Out of Its Waters. Beijing’s Response: No, You Get Out.” by Niharika Mandhana published on November 1, 2019, covers China’s aggressive actions in the South China Sea, violating international agreements and intimidating its neighbors with its military forces. Serious stuff.
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