Looking for His glorious appearing! Titus 2:13

US dollar and yuan banknotes. (File photo/CNS)

China has experienced a turbulent spring, following a series of violent attacks that took place within its boundaries at an unprecedented frequency, and provocation stemming from its neighbors, including Japan, Vietnam and the Philippines, reports the South Reviews magazine.

The United States is behind these incidents, given its Asia Pivot strategy and its known links with terrorist organizations, threatening stability in China's northwestern region, according to the magazine.

In his address at the fourth Conference on Interaction and Confidence Building Measures in Asia (CICA), which took place in Shanghai during late May, China's president Xi Jinping's remarks of "opposing one party stirring up confrontation for its own gains" were aimed at the United States, the magazine pointed out.

Although China was widely expected to respond with counter measures, following the Philippines' detention of Chinese fishermen and anti-Chinese riots in Vietnam, Beijing did not do so, since it has a strategy in place to tackle the core issue, according to the magazine.

China has felt the consequences of its earlier decision to accommodate the United States, and Chinese premier Li Keqiang recently brought up the issue during his trip to Africa, calling his country's foreign exchange (forex) reserve of nearly US$4 trillion "a burden."

The forex reserves — the world's largest — has undermined China's currency sovereignty, hampered the country's ability to manage its economy through monetary policies, and subsequently worsened inflation and the property market bubble, the magazine explained.

The first step to counter the United States' global power, the magazine said, is to end the dominance of the US dollar, and China has embarked on the path. Its recent pact with Russia, under which the two countries agreed to use their own currencies to pay for mutual transactions, is a big step in that direction.

Moreover, Xi said during a joint press conference held with Kazakh president Nursultan Nazarbayev after the CICA summit, that Asian countries are capable of handling Asian affairs and would build security in the region by enhancing cooperation.

Following the CICA summit in Shanghai, Xi visited Commercial Aircraft Corporation of China, which is in the process of constructing the single-aisle jet C919, and said that China needs to establish its own equipment manufacturing if it wants to be a superpower.

These series of remarks, along with Xi's past comments, reflected China's vision for Asia, which would take care of its economy and security on its own, with China being the engine in the region, according to the magazine.

Therefore, the magazine said it is not unusual that Beijing stayed its hand over the recent confrontations involving its neighbors, since these countries are not seen by China as enemies, but allies in the region.

The magazine also said that the United States' recent indictment of five Chinese military officers, accusing them of cyber espionage, was only a meaningless act of provocation that reflects how Washington still believes it can act as the world's police.