2. I had always felt that the countries of East Asia should speak with one voice when negotiating with the European Union and the North American Free Trade Agreement (NAFTA). If we don’t then the Europeans and the Americans would dominate such negotiations. Obviously they would want to favour themselves to our detriment.
3. This is not about hating the West as someone suggested when I drew attention to a UN Agency proposal to have a special currency to replace the US Dollar for the purpose of trade settlements and reserves. It is simply because unlike other countries the US Dollar is not backed by anything.