The second reading of Q2 GDP came in unchanged at +6.4%, the GDP Price Index, however, was revised up. No surprise, right? I mean, you've been out and about...
"China and India did not have a single century in the past two millennia when they were not at war within themselves or under assault from a foreign power. Instead, from the American-enforced end of British colonial rule in India in the late 1940s and China’s joining of the American-led alliance against the Soviets in the 1970s, the two have had the most security and wealth in their long histories."
The Americans have changed their mind about their alliance..."
"There is no effort to ride herd."
"... the questions become: Who will still benefit from some lingering connection to the Americans? And who can go it alone?"
And I'll add, while indeed America has lost the stomach to "ride herd", China has become ever-more belligerent as it attempts to secure the global resources necessary to perpetuate its state authority over an aging, ever-more demanding citizenry.
Have a great day!