Who's going to put their trust in the Yuan and CCP when they actively cap their best performing companies and jail their proprietors?

The investment mood has changed on China, a lot more risk is now assumed.

Notably, India recently declined to buy Russian oil in Yuan, sticking to Rupies

This century will belong to India. China has made too many enemies.

Unless they fall apart internally by leaning too hard into religious facism.

Even if religious fascism doesn't lead to disintegration (and it might not—the inherited steel frame is quite strong), it is still a tremendous distraction from economic development, for voters, baboos, and politicians alike.

When it comes to capturing a large share of the global economy, I think India is its own worst enemy.