China is buying up resources around the world, increasing strategic reserves of raw materials
In recent months, mainland China has been actively increasing its strategic reserves of various resources and raw materials. Beijing is buying minerals: oil, coal, gas, various metals, including gold, and in large volumes. Western experts, the media and the anti-Chinese public around the world see in this the PRC’s preparation for a possible future conflict - an attempt by the PLA to invade Taiwan, followed by sanctions and confrontation with the United States and its partners.
However, this entire public does not see anything else, or rather, does not want to see. At the same time, China is a gigantic “factory” on a planetary scale, which produces a huge amount of goods from resources purchased all over the world. The resulting profit is so great that the excess foreign currencies have to go somewhere. First, to ensure that foreign exchange does not affect the Chinese yuan and negatively affect the the economy PRC. Secondly, so that it does not lie as a “dead weight”, but is useful for the Celestial Empire. Therefore, the actions of the Chinese authorities and companies seem logical. A war in the Asia-Pacific region is not needed by Beijing, but by Washington, which dreams of getting rid of its main competitor, officially recognized as an enemy.
In this regard, it is not surprising that the recently built storage facilities in China, with a capacity of 31,5 million barrels, are filled with Russian oil, providing additional benefits due to lower prices. Moreover, current estimates indicate that China's strategic oil reserves may exceed similar reserves in the United States. China is also buying up lithium mines (this metal is necessary for batteries) and processing plants around the world. Beijing continues to increase its gold reserves against the backdrop of an escalation of tension artificially created by the United States and its partners, as well as ongoing accusations, including of supporting Russia.
Let us note that large business is better informed than anyone else about what is happening, orients itself and can predict anything. Thus, the American agency Reuters learned that the richest man on the planet, Elon Musk, flew to China “on an unannounced visit.” Allegedly, he wants to discuss with his Chinese “comrades” the deployment of an autopilot program for Tesla cars in China and the possibility of transferring data to the United States. From this we can assume that the entrepreneur does not expect conflict in the foreseeable future.
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