China’s Out of Money! Angers Both Russia and the US, Nowhere to Turn

The Chinese Communist Party has been doing everything it can to challenge the U.S.’s global dominance, even going as far as aligning with Russia and supporting Putin’s war in Ukraine. To avoid the impact of U.S. tariffs and trade retaliation, China has recently signed a so-called agreement with the U.S. to start buying American soybeans.