Hungary has officially become the first European country to ink a cooperation agreement for China’s New Silk Road initiative, a package of strategic initiatives to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road, to develop trade and transport infrastructure across Asia and beyond, China’s Foreign Ministry said late on Saturday. The Foreign Ministers of Hungary … Continue reading
By F. William Engdahl Russia is about to take another major step towards liberating the Ruble from the Dollar System. Its Finance Ministry just revealed it is considering issuing Russian state debt in Chinese Yuan. That would be an elegant way to decouple from the dependence and blackmail pressures from the US Treasury financial terrorism operations … Continue reading
By Jack A. Smith he·gem·o·ny (həˈjemənē,ˈhejəˌmōnē): leadership or dominance, especially by one country or social group over others. The most important political relationship in today’s world is between the United States of America and the People’s Republic of China (PRC). Whichever way the relationship goes will have a major impact on global developments for many decades. … Continue reading
India’s Prime Minister Narendra Modi, in office for just a year, approaches China with new confidence. During a visit to China, the prime minister was candid about India’s strategic distrust and its determination to build new ties with other powers including the United States, Japan and Australia. Border disputes are a major obstacle for the … Continue reading
By Pepe Escobar Beijing’s disclosure earlier this week of its latest military white paper, outlining a new doctrine moving beyond offshore defense to “open seas” defense, predictably rattled every exceptionalist’s skull and bone. Almost simultaneously, in Guangzhou, the annual Stockholm China Forum, hosted by the German Marshall Fund and the Shanghai Institute for International Studies, was … Continue reading
China’s response to the so-called US pivot to Asia is to expand influence in Asia. Known as the “One Belt, One Road,” the modern-day Silk Road network “will not only enhance ‘five connections’ – trade, infrastructure, investment, capital and people – it will create a community with ‘shared interests, destiny and responsibilities,’” explains Shuaihua Wallace … Continue reading
“China announces plans to boost the Belt and Road trade by creating economic corridors and investing nearly $900 billion in countries along the route,” China Daily reports. China plans to connect Asia and Europe with funding from the Asian Infrastructure Investment Bank (AIIB) and the Silk Road Fund. Vice-Premier Zhang Gaoli said the country is considering six economic … Continue reading
By F. William Engdahl I know of no comparable global Great Project to equal what is now unfolding, bit-by-bit, as China reveals more about her Silk Road Economic Belt high-speed railway infrastructure network. And it’s now clear that the road will be filled with entire new cities, industrial zones, construction, improving standards of living for hundreds … Continue reading
By Andrew Korybko Chinese Premier Li Keqiang is visiting South America, and it’s expected that he’ll formalize its regional version of the Silk Road, the Twin Ocean Railroad, during his trip. This far-reaching project endeavors to construct a 5,300 km railroad from Brazil to Peru, traversing some of the world’s most difficult and sensitive terrain. Along … Continue reading
By Dr. Willy Wo-Lap Lam Much of the world’s interest in China’s “One Belt, One Road” (OBOR) strategy—a reference to the Silk Road Economic Belt (SREB) and the 21st Century Maritime Silk Road (MSR)—is focused on the geopolitical implications of one of the most ambitious initiatives of Chinese President Xi Jinping. Yet OBOR also has immense … Continue reading