#StablecoinPayments Aussies should go for it. When China suddenly stopped buying coal, beef, lobster, wine and dairy 5 years ago, every other nation jumped at the chance to fill the gap without as much as a thank you.
Unfortunately, China is finding out for themselves how the world prefers money over loyalty. Xi just finished a tour of Vietnam, Cambodia and Malaysia, obviously to form an alliance to isolate the US. Immediately after, all three countries jumped at chances to take China’s position in trade with the US. Malaysia even offered to buy the Boeing jets rejected by China.
Xi’s trip failed miserably, they have no allies in this (apart from wealth deprived BRICS) and they are projected to lose 5 to 10million jobs just from Trump tariffs. Meanwhile, the Whitehouse is clogged with appointments to make trade deals with 70+ nations and trillions lined up to invest in US industry.
It’s not looking good for China.