Part 7/9:
Sachs notes that China is cautiously reforming its own economic policies in response to increasing U.S. sanctions and pressures. The discussion highlights China's efforts to stabilize its economy and resist U.S. influence by methodically internationalizing the Renminbi and engaging in trade with BRICS nations. This strategic approach reflects China’s dual challenge of navigating U.S. hostility while seeking partnerships elsewhere to bolster its economic standing.