The Shanghai Cooperation Organization’s meeting in Tianjin, China on September 1 took a remarkable step forward in defining how the world will be dividing into two great blocs, as Global Majority countries seek to free their economies not only from Donald Trump’s tariff chaos, but from the U.S. government’s increasingly Hot War attempts to impose unipolar control on the entire world’s economy, by isolating countries seeking to resist this control with trade and monetary chaos, as well as direct military confrontation.
The SCO meeting became a pragmatic forum to define the basic principles that are to replace other countries’ trade, monetary, and military independence from the U.S. with mutual trade and investment among themselves, increasingly isolated from reliance on U.S. markets for their exports, U.S. credit for their domestic economies, and U.S. dollars for trade and investment transactions among themselves.
The principles announced by China’s President Xi, Russian President Putin, and other SCO members set the stage for spelling out in detail the principle of a new international economic order along the lines that were promised 80 years ago at the end of World War II, but that have been twisted beyond all recognition into what Asian and other Global Majority countries hope will have been just a long detour in history away from the basic rules of civilization and its international diplomacy, trade, and finance.
It really should not be surprising that not a word of these principles or their motivation has appeared in the mainstream Western press. The New York Times depicted the meetings in China as a plan of aggression against the United States, not as a response to U.S. acts. ….more