When these kinds of procedures were first promoted, China was a non-communist entity, aligned with western countries. After China was overtaken by CCP, China is now considered “adversary” after being called “non-aligned”, in similar vein to Russia, Iran, and North Korea. Not even Cuba is on this list.

So it is true that the Western first world aligned countries have greater access to each others assets. And there is a dark network at play at trying to limit the same to second world and third world nations.