China stocking up for economic or real warfare?

China is currently stockpiling commodities on a massive scale. It has also announced a huge program of commodity purchases in 2021.

This stockpiling has three possible justifications. The first is that it will make China resilient against any short term economic pressure from the West. The second is that it prepares China for war in the next decade. Were China to be the object of international sanctions it would only have a year or two before its stockpile was exhausted so if a real war is the objective it would happen shortly after any international sanctions are imposed. The third is to protect its economy from fluctuations in commodity prices so that it can buy commodities when prices are low and use stores when they are high. China has been doing this for years so it is an unlikely reason for a massive increase in stockpiles.

11/9/2020

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