How does China flex its muscles:
1. Foreign reserves. China’s foreign reserves are values at $3.53 trillion, more than Japan, Saudi Arabia, 19 Euro nations, the UK and the US rolled into one.
2. South China Sea activity has increased military spending by 167%. US military spending by contrast increased 0.4% in the same period.
3. Now in the top 3 contributors to the United Nations, topping Japan and Germany.
4. The Pan Asian Bank.
Together these factors make China a potent factor in the world financial markets.