BRICS should pave the way for real trade around the world. Not the NATzO west colonial parasitism.
When the west was innovative and technology oriented there was growth and development, but money changes people... some poor person is all about charity and helping others... but give them 20 million dollars and they will hunker down and protect what they have thinking they could live comfortably off the interest and never have money worries again... the charity work stops and they often become miserly.
Western companies have developed technologies... or sadly more often than not inherited technologies that they want to earn a living from by renting it out instead of selling it and using the profits to further develop and improve.
Those chip making technologies that dutch company sells... they currently fear getting out innovated by China and Russia because of these chip sanctions and rightly so... but they have been earning fantastic incomes all these years and are clearly not investing as much money into new tech as the Chinese and Russians are and they fear being overtaken and there not being enough western government subsidies to help them keep up let alone get ahead again.
Essentially the west has moved from being production and industry oriented to IP ownership technology renting. Of course controlling markets also helps and they have the money to change prices to put pressure on this country or that country, but their focus seems to be holding other countries down... they are on a ladder ahead of everyone and claiming to be the world leader in economics and technology and morality and politics... the greatest democracies in the world they are... they say... but they used to look up the ladder to see where to put their hands and feet to climb, because up until 30 years ago there were people on the other side of the ladder climbing too.... but they had a lot of baggage like debt and damage from WWII and other things slowing them down. But now the everyone is politically on the same side of the ladder despite them not all being democracies yet... that is on the wests bucket list. Now the west looks down and uses its spare arm and spare foot to stop others from passing it on the ladder... and it is losing its grip as China and may other countries start to push past it... it can't hold Russia and China down at the same time and it is going to fall. How far down is a good question... its military and soft power means it has a safety line but it is still going to fall several rungs down the ladder when it just tries too hard.
I see even the "dissidents" in America taking a shit on China for
supposedly doing horrible things in Africa.
They would actually struggle to do worse than western countries have already done and are doing to this day...
For those who don't understand:
This article is about Africa, but they had similar meetings regarding the Middle East and Asia....
https://www.rt.com/africa/602043-europe-divided-ruled-africa/
Evil masterminds: Here’s how Europeans sealed Africa’s fate
The Berlin Conference at the end of the 19th century finalized the colonial division of the continent that European countries had been engineering for four centuries
The Houthis managed to shut down the world's busiest waterway with just a few missiles and a dream. I think the USN can manage something similar armed with the world's largest fleet of warships and and fighting from behind very commanding choke points.
The USN trying to justify blocking Chinese shipping from an international waterway will be interesting to say the least... the US is just as dependant on international shipping trade.
China now has plenty of brand new destroyer sized ships with modern missiles and equipment, but they have options to damage the US too.
If they want to start boarding ships and stealing cargoes like they openly did with Iranian ships, the Chinese are in a much better situation to respond in kind... an economic blockade like the one they are planning is an act of war... perhaps the US wont understand till they lose a few ships.
Play stupid games win stupid prizes.
The Houthis are operating out of home base and are applying pressure to one choke point. The yanquis will have to be applying pressure at multiple locations while being
far from home.
Another factor of course is that much of the merchant fleet taking goods to and from China... mostly from China... are not all Chinese registered ships, so they will have to stop all ships and check what they are carrying and from where and to where... these are incredibly busy shipping lanes and time is money... and if the US Navy wants to play such games they will become very unpopular very quickly, and how could they possibly stop China from sending warships to the region to do exactly the same thing to shipping heading to the US or western aligned countries like Japan and South Korea.
I think China had good relations with Bangladesh under both BNP and Awami League governments. The difference will be for India i guess
The thing with the US is they are not very smart... they will often look into a situation and dynamic and decide it does not benefit them so they throw a spanner in the works and break things and then wait to see if they like that better... it is how they "managed" the Middle East and Europe and Asia, and it has turned out rather badly for them in each case and they are being kicked out of Africa now too.