Loading ...part: “The deployment marks the first time Beijing has contributed a battalion to a U.N. peacekeeping force, U.N. officials said. In March 2013, China sent some 300 peacekeepers to Mali to protect Chinese engineers building a U.N. camp in the town of Gao”
Comment:
Its looking like over time, China will be next to have the “key currency status” like what happened to the USA after WW II. When we got global reserve currency status.
China will end up taking on more of the responsibility, expenses and sacrificed soldiers needed to police the world. Don’t be surprised when China ends up to be a Net Importer Nation, on consumer goods they make now, and running trade DEFICITS, buying and having goods made in the USA Europe and Japan.
Next they end up with budget deficits. Higher taxes, more of their people on food stamps etc. China has all the money now. They can afford the costs and disadvantages, combined with their strong Yuan policy for cheap imports from western nations.
That’s the future the way I see it.