This is big: Indonesia was one of the very few members that gave the BoP any credibility (and they joined because Trump threatened them with economic coercion if they didn't:
x.com/Trystanto2/sta…).
This comes on top of Gulf countries announcing they were reviewing their entire investment exposure to the US (over $3 trillion between them), including the funding of the Board of Peace (
wsj.com/business/the-t…)
Dubai billionaire Khalaf Al Habtoor wrote an extraordinary open letter to Trump on X (
x.com/KhalafAlHabtoo…) that probably best explains what's going on: he essentially says that the whole point of these investments was "supporting stability and development" and now the U.S. "turns our region into a battlefield". He asks "are we funding peace initiatives or funding a war that exposes us to danger?"
There is even an AI aspect to this: Trump's Gulf deals included the largest AI data center outside America (
datacenterdynamics.com/en/news/us-and…), huge chips deals, partnerships with U.S. AI firms, all designed to keep the Gulf in America's tech orbit. Now all of this is in the middle of a U.S.-made war zone.
It's actually genuinely gobsmacking when you think about it: the Middle-East is the one area where Trump could plausibly claim to be building something (no matter what you think of it), all framed - from the Board of Peace to the trillions in deals to the AI data centers - as aiming to foster some sort of regional stability. And then he starts a massive regional war.
If he wanted to make it absolutely crystal clear that getting involved with the U.S. is suicidal, he couldn't have designed a better precedent. Literally: you sign up for America's peace initiative, and six weeks later you're in a war zone.
China doesn't even need to make the argument anymore. They just need to point at the Board of Peace and say: "This is what alignment with Washington gets you."