Belt and Road

DEBATE: Is The Belt & Road Initiative a global game changer or trillion-dollar blunder?

The debate: Is China’s Belt & Road Project a global game changer or a trillion-dollar blunder? Intelligence Squared hosts a lively panel discussion on this important geopolitical topic. Debaters:
Ian Bremmer, Founder and President, Eurasia Group
Michèle Flournoy, Co-Founder & Managing Partner, WestExec & Fmr. U.S. Undersecretary of Defense for Policy
Yasheng Huang, Professor, MIT & Author, “Capitalism with Chinese Characteristics”

US Global Power: The Trump Period

US global power in the Trump period reflects the continuities and changes which are unfolding rapidly and deeply throughout the world and which are affecting the position of Washington.
Assessing the dynamics of US global power is a complex problem which requires examining multiple dimensions.
We will proceed by:
    (1) Conceptualizing the principles which dictate empire building, specifically the power bases and the dynamic changes in relations and structures which shape the present and future position of the US.

Andre Vltchek- BRI Forum And How Western ‘Reports’ Are Smearing China

The second Belt and Road Forum for International Cooperation is about to open in Beijing. It will take place from 25th to 27thApril, 2019. The Chinese President Xi Jinping is expected to deliver the keynote address. It is expected to be an event of tremendous proportions and importance: leaders from 37 countries will participate, including Russia’s President Vladimir Putin and[Read More...]

A China Wins Twice Proposition: The Belt and Road Initiative

China’s dazzling infrastructure and energy-driven Belt and Road Initiative (BRI), a US$1 trillion investment across Eurasia and beyond, has lost its shine. Increasingly, China’s leveraging of the initiative is being perceived by a growing number of recipients and critics alike as a geopolitical power play, a tool to shape a new world order partly populated by autocrats and authoritarians, and[Read More...]

China struggles with Belt and Road pushback

China, in an implicit recognition that at least some of its Belt and Road-related projects risk trapping target countries in debt or fail to meet their needs, has conceded that adjustments may be necessary. “It’s normal and understandable that development focus can change at different stages in different countries, especially with changes in government. So China can also make some[Read More...]

DOLLAR BLOW: China Launches New ‘Yuan-Ruble’ Payment Mechanism

The US received a major blow to its global hegemony, and one which is sure to trigger more fighting talk from hawks in Washington.
This week it was announced that China has established a ‘payment versus payment‘ (PVP) system to clear Chinese yuan and Russian ruble transactions. The aim, we’re told, is to to “reduce risks and improve the efficiency” of its foreign exchange system.