qinjohn
2.1K posts


People don't realise how big this really is > The whole world trade especially oil is backed by the US dollar and done on systems like swift > US regularly uses this to their advantage and sanctions companies of other countries into compliance, until now > China has put injunctions to US sanctions on its companies for trading in iranian oil putting national interest above American interests > This means the Chinese government will support these companies legally & financially to run their business smoothly > With a lot of iranian oil trade happening in yuan or barter china is now resisting US financial coercion openly and disregarding sanctions domestically Once an American sanction would've been a death sentence to a chinese company today the chinese government is telling them to ignore them, this is the new world order.











A little-known fact about Hong Kong: Britain 🇬🇧didn’t legally have to hand over Hong Kong Island & Kowloon in 1997. Only the New Territories. The island was ceded to Britain in perpetuity after the 1842 Treaty of Nanking. Kowloon was also permanent. Only the New Territories were on a 99-year lease expiring in 1997. But the New Territories had become completely integrated, water supply, industry, population, infrastructure. Separating them would’ve left the rest unsustainable. China refused any split and demanded the whole territory back. So Britain negotiated the full handover under “one country, two systems.”

























