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Abstract:The last thing that was required was French President Emanuel Macron echoing this message as the United States fights a recent influx of nations selling commodities in other currencies, or "de-dollarizing."
The last thing that was required was French President Emanuel Macron echoing this message as the United States fights a recent influx of nations selling commodities in other currencies, or “de-dollarizing.”
During a three-day state visit to China, Macron met with Chinese President Xi Jinping for about six hours before making it abundantly clear that France does not want to participate in World War III. Macron also stressed the need for Europe to use “strategic autonomy,” likely under France's leadership, to become a “third superpower.”
The French President stated that Europe's “biggest risk” at the moment is that it “gets caught up in crises that are not ours, preventing it from building its strategic autonomy” while speaking with reporters aboard COTAM Unité, France's Air Force One.
Macron has already advocated for lessening reliance on the US. The French President advocated for a “one global order” in November while discussing the rivalry between Russia and China for supremacy and the potential for conflict.
He explained, “We're in a forest, and two huge elephants are trying to get more and more nervous.”
The rest of the jungle would have a lot of problems if they became extremely agitated and started a battle. Several other animals, such as tigers, monkeys, and so forth, must cooperate, said Macron.
CHINA CONCURS.
Xi and the CCP, who have been emphasizing the idea that the West is in decline while China is rising and that weakening the transatlantic alliance will accelerate this trend, “enthusiastically welcomed” Macron's concept of strategic autonomy.
The contradiction, according to Macron, is that we think we are merely America's followers because we are so terrified. Europeans need to consider whether it is in our best interests to escalate the crisis in Taiwan.
The worst thing would be to believe that we Europeans must adopt this position as our own and follow the US agenda and a Chinese overreaction.
A few hours after his aircraft from Guangzhou to Paris had landed, China began extensive military drills surrounding Taiwan, which it claims as its territory but which the United States has pledged to arm and defend.
During Taiwanese President Tsai Ing-10-day Wen's diplomatic trip of Central American nations, which included a meeting with Republican U.S. House Speaker Kevin McCarthy while she was passing through California, such drills were conducted in retaliation. Macron, according to those who are familiar with his thinking, was relieved that China at least waited until he was outside of Chinese airspace before initiating the fictitious “Taiwan encirclement”
Following an “intensely” discussed Taiwan, according to French officials who accompanied the president, Macron made his meek remarks.
Ursula von der Leyen, the president of the European Commission, who traveled with Macron, claimed that she emphasized regional stability and informed Xi during their meeting last Thursday in Beijing that “the threat [of] the use of force to change the status quo is unacceptable.”
The article claims that in response, Xi referred to anyone who believed they could have an impact on the CCP in Taiwan as being delusional.
“How can we honestly warn Taiwan, ”look out, if you do something wrong we will be there,“ when Europeans can't even end the crisis in Ukraine? That is how to raise tensions if you really want it, ”said Xi.
Yanmei Xie, a geopolitics analyst at Gavekal Dragonomics, claims that Europe is more open to accepting a future in which China takes the lead in a certain region.
Some of its leaders even think that a world system like that may benefit Europe more.
Last Thursday, during his three-way talks with von der Leyen and Macron, Xi became agitated over two issues:
According to a source in the room, “Xi was visibly irritated for being held accountable for the Ukraine war and he downplayed his recent travel to Moscow.” He was obviously furious with the United States and concerned about Taiwan, the Taiwanese president's visit to the country, and the fact that Europeans were raising foreign policy concerns.
TIME TO STOP USING DOLLARS?
Macron argued that Europe was overly reliant on the United States for oil and weaponry and that they should instead concentrate on developing their own military sectors.
The statement that Europe should lessen its reliance on the “extraterritoriality of the U.S. currency,” which both Moscow and Beijing have been highlighting, was arguably his most important point.
We won't have the time or the means to finance our strategic autonomy, and we will turn into vassals, he said, if the tensions between the two superpowers increase.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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