The New Silk Road, Project Updates & Discussions

Discussion in 'World Affairs' started by Osmanovic, May 14, 2017.

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  1. Osmanovic

    Osmanovic 1st Lieutenant

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    HEFTY FINANCIAL SUPPORT

    China's decision to scale up financial support for the Belt and Road, after billions of U.S. dollars of investment over the past three years, underscored the country's resolution to push forward the initiative.

    Xi announced an additional 100 billion yuan (about 14.5 billion U.S. dollars) for the Silk Road Fund, set up in 2014 to finance the initiative, and new lending schemes worth 380 billion yuan equivalent.

    Speaking of the initiative, Robert Kuhn, a U.S. expert on China, said, "What the Belt and Road does is not foreign aid, that is good but unsustainable. Starting with the Silk Road Fund, the initiative enables the host countries to develop their own economies."

    http://news.xinhuanet.com/english/2017-05/14/c_136282890.htm


    Former U.S. Assistant Defense Secretary Chas Freeman described the Belt and Road project as "potentially the most transformative engineering effort in human history."

    He highlighted that the countries involved boast about 55 percent of global economic output, 70 percent of the world's population and an estimated 75 percent of known energy reserves.

    "Americans currently conceive of power in almost exclusively military terms, which is ironic, because we claim to believe in the power of markets to shape events, and the Belt and Road Initiative relies on markets," Freeman told NBC News.

    "American aloofness" is not an answer to the strategic challenge posed by the initiative, he argued.

    "If we don't seize exports opportunities where they exist, the jobs will go to others, not Americans," Freeman added.

    http://www.nbcnews.com/news/china/belt-road-initiative-china-plans-1-trillion-new-silk-road-n757756


    Just as Chinese traders and explorers such as Zheng He, a Ming dynasty navigator, went out into the world in peace, so too would China now seek to engage with other countries. “These pioneers won their place in history not as conquerors with warships guns or swords but are remembered as friendly emissaries leading caravans of camels and sailing treasure-loaded ships,” Xi said.

    “This part of history shows that civilisation thrives with openness and that nations prosper from exchange.”


    Beijing hit back at critics, with its official news agency attacking the “naysayers” and “fear mongers” it claimed were hovering over Xi’s plan like buzzards. The Belt and Road initiative was “not and will never be neocolonialism by stealth”, Xinhua argued in a commentary.

    “China harbours no intention to control or threaten any other nation. China needs no puppet states,” it added, describing the summit as a chance not “to assert a new hegemony, but an opportunity to bring an old one to an end”.

    https://www.theguardian.com/world/2...d-vision-belt-and-road-claims-empire-building





    Meanwhile America continues the policy of:

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  2. Falcon

    Falcon Major Staff Member Social Media Team

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    The U.S. wars in Iraq and Afghanistan cost us at least $1.6 trillion, some say as high as $6 trillion when you count interests on loans and benefits to be paid out to wounded soldiers etc.and brought us literally 0 economic benefit while China's belt and road initiative costs only $1 trillion and will connect 60% of the world's population, 70% of global GDP and 75% of the world's energy resources. Something is seriously wrong with the decision makers and the people whispering into their in Washington. Billions of people all over the world listen to our music, wear our clothes and follow our celebrities. We can beat China at their game, we have all of the tools to do it. But if we keep running around thinking it's 1960 where we can just strong arm smaller countries then we will lose out to China. A carrier battlegroup and diplomatic/media blackmail don't solve every problem.
     
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  3. YarS

    YarS Lieutenant Colonel

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    I agree, that something is wrong with your decision makers. They (as many other Americans ) live in illusion world.
     
  4. YarS

    YarS Lieutenant Colonel

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    Russia have Putin, China have Xi, and what have USA?
    Trump is clown, Obama was clown, Bush was clown, Clinton was clown ... Reagan was actor in good meaning of this word. Why did your political system raise on the top of power only foam?
     
  5. BlueHawk

    BlueHawk Captain

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    I was thinking. How much do China patrol the new silk road? If it is not much, maybe China need to pay some cash to America or Nato?
     
  6. Falcon

    Falcon Major Staff Member Social Media Team

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    Right now they can't because the US, India, and Japan can keep China in check. In 20 years the story could be different but China already has anti-piracy operations off the coast of Somali to protect its sea lanes. They are also consolidating the south China sea. They also have land routes in place so worst case they can export to Europe, Asia, and Africa by land.

    Actually what would be interesting is an underground tunnel from Persia to Arabia over the Strait of Hormuz and a tunnel from Arabia to Africa over the Bab Al Mandab strait, this way they can avoid US presence in Iraq and Syria.



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