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SOROS: The US needs to befriend China or all hell is going to break loose
Business Insider By Elena Holodny
(Reuters)
The US needs to befriend China or else all hell is going to break loose, argues George Soros in a new article for The New York Review of Books.
"Both the US and China have a vital interest in reaching an understanding because the alternative is so unpalatable. The benefits of an eventual agreement between China and the US could be equally far-reaching," he writes.
Soros writes that if Xi Jinping's market-oriented reforms fail, "he may foster some external conflicts to keep the country united and maintain himself in power" — which could lead to a Sino-Russo military and political alliance (whereas right now they're mostly just cooperating financially).
"In that case, should the external conflict escalate into a military confrontation with an ally of the United States such as Japan, it is not an exaggeration to say that we would be on the threshold of a third world war," writes Soros.
Business Insider By Elena Holodny
(Reuters)
The US needs to befriend China or else all hell is going to break loose, argues George Soros in a new article for The New York Review of Books.
"Both the US and China have a vital interest in reaching an understanding because the alternative is so unpalatable. The benefits of an eventual agreement between China and the US could be equally far-reaching," he writes.
Soros writes that if Xi Jinping's market-oriented reforms fail, "he may foster some external conflicts to keep the country united and maintain himself in power" — which could lead to a Sino-Russo military and political alliance (whereas right now they're mostly just cooperating financially).
"In that case, should the external conflict escalate into a military confrontation with an ally of the United States such as Japan, it is not an exaggeration to say that we would be on the threshold of a third world war," writes Soros.
