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Saturday, March 20, 2021

Is Quad Alliance serious in helping South East Asia (SEA)? No!

https://www.voanews.com/covid-19-pandemic/quad-aims-increase-vaccine-production-1-billion-doses-southeast-asia

The Quad Alliance (QA) aims to provide 1B vaccines to SEA by the end of 2022.  Really?

For those viewers who don't understand the QA, please read our previous posting below.


This is a pseudo goodwill gesture from QA because SEA will be vaccinated already before the end of 2022.  In fact, Singapore will be fully vaccinated by the end of 2021 because SG is preparing to open its international borders with vaccinated passports by the end of 2021.

Therefore, the 1B vaccines proposition is just some political propaganda to scam SEA governments.

We need to get real about what the QA is trying to do.  We also need to recognize that some countries are trying to take advantage of others.

For a start, China is the only country in the world that will bring Asia out of its doldrum with its economic growth.  Why did I say that?  Please take a look at the chart below.


China contributes about 27% of world economic growth but the US only contributes about 12% of global economic growth despite being the largest economy.  Why is this so?

This is because the US embarks on exploitative economic policies while China embarks on win-win economic policies with its trading partners.  There is nother way to explain this big difference in world economic contribution between the 1st and 2nd largest economies other than what I've suggested.  Two good examples to illustrate this point will be the RCEP and EU-China investment pact.

1 comment:

Eric Ho said...

Here's the US exploitative economic policies:

TPP and TTIP (EU TPP).

http://sg-stock.blogspot.com/2017/05/fearmongering-by-western-media.html

http://sg-stock.blogspot.com/2016/11/ttip-which-is-europe-version-of-tpp-is.html