China wants to become the most powerful country in the world and it wants to do this at the cost of the US that has played an important role in its Navnirman and Samuthan. However, the US has also understood this well and is moving strategically to deal with various situations. When you look into the concern of the dollar concern and the recent statements related to China responsible for the US President Donald Trump and Foreign Minister Marco Rubio, you will understand that America’s concern is not only to save the dollar falling credibility but that Soviet Union of the Soviet Union Just like now, he has also focused on the strategy of handling China.
In such a situation, the smoldering question is whether America will deal with Bhasmasura like China only on the basis of dollar or will some other present measures! It is noteworthy that the manner in which China is taxing the use of another currency instead of US dollar in international trade and from this perspective, the US has been disturbed by the BRICS countries i.e. Russia-Brazil etc. Countries have also started threatening the countries openly. The comprehensive strategy behind China’s tactic against China and the South China Sea dispute and provoking Ukraine against Russia and providing cooperation with NATO countries also makes the same strategy.
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At the same time, the way America has started waging about the possible side effects of dangers that arise in front of dollars from the possible alternative currency of BRICS countries, some BRICS countries including India are also in can, and their defense are also possible. I have also argued.
Significantly, in the last few years, when some member countries of BRICS are demanding an alternative to China-Russia US dollar or BRICS currency, India ‘de-dollars’ means’ Use of dollars in world trade and financial transactions Is against ‘deficiency’. In December 2024 itself, India’s Foreign Minister S Jaishankar had said that India has never been in favor of ‘de-dollars’ and there is no proposal to make BRICS currency.
Explain that US President Donald has warned that if BRICS will try to use another currency instead of US dollars in international trade, then he will impose 100 percent fee on them. He bluntly said in two words that BRICS should try to get away from the dollar and we just keep looking and keep watching, the days of such thoughts have been over. Therefore, he wants to commit a commitment to BRICS countries that he will neither create a new currency nor support any other currency.
At the same time, US Secretary of State Marco Rubio has also said that we have to deal with China on this issue. Although he has clarified that we do not want war on this issue, but we are going to look into it. Because China wants to become the most powerful country in the world and they want to do this at our cost. It will have to be dealt with. Let us know that America has now become aware of China’s global strategy and to capture Greenland in Arctic and South America, to capture Greenland, regain control over the Panama Canal and join Canada in America The foresight strategy has started in time, even if it is not as easy as before.
Experts say that BRICS countries like Russia-China-Brazil want to reduce their dependence on US dollars and euros. From this perspective, during the 14th BRICS Summit in 2022, Russian President Vladimir Putin had said that members countries are planning to start a new reserve currency. In addition, Brazilian President Lula de Silva also suggested to create a BRICS currency to reduce the dominance of the dollar. Because the figures suggest that the dollar accounts for 59 percent as a global currency reserves, while the total debt of the world is 64 percent transactions in dollars. At the same time, the dollar also holds a 58 percent stake in international transactions.
The special thing is that there has been a decrease in the dominance of the dollar since the formation of the European Union and its currency came into existence, but it still remains the most circular currency. In such a situation, if the BRICS countries also bring a new currency, then it will reduce the value of the dollar. Perhaps this is why America has now become alert and has taken a policy of Samme-Dand-Dand-Dand-Dand-Dand-Dand-Dand-Dand to deal with this new potential crisis. His latest threats are being chewed by this. It is also relieved from India’s converted stands between BRICS countries.
It is noteworthy that the BRICS country is the organization of ten important countries in the world, which have united themselves to compete equally from domineering countries like G-7 and NATO of Western countries. The BRICS groups established in 2009 include India, Brazil, Russia, China, South Africa, Mishra, Ethiopia, Indonesia, Iran and United Arab Emirates (UAE). Since it is an international group that does not include the United States i.e. USA. For this reason, he is angry at this.
Explain that the economy of BRICS member countries is more than 25.5 trillion, which is 28 percent of the global economy. According to the World Bank’s 2023 data, GDP of BRICS countries, trillion in US $ is as follows- China- 17.79, India- 3.55, Brazil- 2.17, Russia- 2.02, UAE- 0.5, Mishra- 0.4, Iran- 0.4, South Africa- 0.37 and Ethiopia- 0.16. At the same time, 2023 data of UN trade database shows that America’s trade with BRICS countries is as follows in Arab US Dollars- exports from India- 40.1, import-87.3, exports from China- 147.8, import-448, Brazil Exports from 44.8, import-41, UAE to export-24, import-00, export-00, import-28.1, exports from Saudi Arabia- 13.9 and import- 16.5, exports from other member countries- 23.5 and import- 29.
It is clear from these figures that while India ranks second in GDP after China, it also has a significant share in business from America. Therefore, neither the BRICS country will be able to think of disregarding India nor America will be able to ignore it. At the same time, it is also natural that America will not want to lose such big business benefits. Because losing it will directly affect his global police station. This is the reason that in time, America has started against the BRICS countries, due to which the problems of BRICS countries can increase in the near future.
Let me tell you that this is the same America who has played a leading role in China’s Navnirman. He has been given selfish help in being technically upgraded. It is believed that the US strategically provided strategic assistance to Arab countries apart from China-Pakistan-Afghanistan and its global to defeat the Soviet Union (group of Russia and its neighboring countries) and India to beat India’s euphoria during the Cold War. The interest was involved. At that time, China’s relations were also not as deep with India and Russia as the US-Pakistan-Afghanistan and Arab countries.
But after the decline of the Soviet Union, after being greatly benefited from privatization and globalization led by the US, China took the ambition to become the new SHO of the world in place of America and by creating a sweet relationship with Russia-India, he has been made a sweet relationship with BRICS organization with BRICS organization When added, America passed this exasperation. At the same time, when China showed a strategic silence in uprooting American feet from Afghanistan-Pakistan, America got up and furious. Meanwhile, China also had the same strategy during the US-Iraq War, America-Iran controversy, Palestine-Israel controversy, Turkish-inspired Syria crisis, which led to the American feet from the region.
Meanwhile, a big mistake from China was that it got entangled with India, which caused India to be careful and established a close relationship with Russian friendship as well as America-Israel. At the same time, Russian cooperation developed new understanding with Iran. From Japan to trusted friends like France. During this time, India took such intelligent steps that in addition to big countries like America, Russia, China, countries like Britain-Germany-Australia, South Korea, Indonesia etc. also could not ignore India in any alternative alliance.
Overall, India succeeded in its purpose with a balanced global diplomacy and increased its global asking. Taking advantage of this, India started beating the third world countries i.e. Global South, so that the selfish activities of developed countries can be linked to the permanent sense of Vasudhaiva Kutumbakam and all can be involved and balanced development. This thing went through the US, Russia, China exasperating, but India’s growing importance with mutual competition is well known. India’s increasing importance in American -led quad countries is also reflected in this.
At the same time, the question is also present whether America will deal with Bhasmasura like China on the basis of dollar? Or will resort to some other well-known tips, which he has tried yatra-tatra-sarvatra. In which sometimes it has passed and sometimes failed. Even in the case of China, if it gets strategically beaten, no one will be surprised. Because the US democracy has become hollow, while the Chinese communist dictator seems to be successful in presenting itself firmly.
– Kamlesh Pandey
Senior journalist and political analyst
