this post was submitted on 23 Aug 2023
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The Chinese leader has flown out to South Africa for the summit but asked his commerce minister to read out his remarks.

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[–] partial_accumen@lemmy.world 83 points 1 year ago (7 children)

Mr Wang said “some country, obsessed with maintaining its hegemony, has gone out of its way to cripple the emerging markets and developing countries”.

China is #2 in global GDP not far behind the USA. China clings to the "emerging markets" or "developing countries" labels for itself to in gain critical benefits of unequal trade imbalances and lack of regulation. It's currency is now being used by a handful of countries instead of the USD/EURO. I'm not sure it can claim "emerging markets" or "developing countries" labels itself anymore.

[–] andyburke@kbin.social 42 points 1 year ago (6 children)

Additionally, I'm not sure how China would have reached this position without a specific effort by the United States to engage in increased trade with them.

We said we would trade more in the hopes of an improving human rights situation and steps toward democratic self-rule.

We didn't get what we were promised. Stop whining, Xi.

[–] BartsBigBugBag@lemmy.tf 47 points 1 year ago (3 children)

We traded with China because it was profitable, the same reason we trade with India despite them being run by a literal fascist. The same reason why we support Saudi Arabia, a literal terror state.

[–] glowcialist@lemmygrad.ml 11 points 1 year ago (1 children)

No, actually, all actions taken by Americans are in service of human rights. Even when we jerk off, we do so solely with the intention of expanding democracy.

[–] Aceticon@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

"Wank for Freedom!"

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