In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘Chinese soft power’

Why the ‘One Belt One Road’ Initiative matters for the EU

Posted by seumasach on July 28, 2015

The Diplomat

9th April, 2015

Since their announcement in 2013 during Chinese President Xi Jinping’s visit to Kazakhstan and Indonesia, the New Silk Road Economic Belt and 21st Century Maritime Silk Road (termed together the “One Belt One Road” initiative) have been extensively discussed among China’s academia and policymaking circles. Chinese Foreign Minister Wang Yi, at a press conference accompanying China’s recent parliamentary session, called the initiative a “central focus” of China’s foreign policy in the year 2015. As a key part of the narrative of the new Chinese leadership, the One Belt One Road (OBOR) initiative has not only become one of the top priorities of the Chinese government, it has also attracted considerable interest from abroad, and particularly from neighboring Asian countries. A case in point is that more than 30 countries have joined the Asian Infrastructure Investment Bank (AIIB).

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What Chinese premier pledges when EU at a crossroad

Posted by seumasach on July 2, 2015

People’s Daily

2nd July, 2015

China promised the European Union on Monday it would hold on to its euro zone debt, saying the Greek debt crisis was Beijing’s problem headache too.

Chinese Premier Li Keqiang made his remarks following a stressful weekend for Greeceand the eurozone, in which Greece broke off talks with its creditors, announced areferendum, and introduced capital controls.

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China to invest billions in EU investment fund

Posted by seumasach on June 24, 2015

Investment fund, Greece in focus as Chinese Premier readies for EU trip


23rd June, 2015

Chinese Premier Li Keqiang will attend the 17th China-EU leaders’ meeting later this month in Brussels, the first since the change of EU leadership.

Li will, during the summit, announce plans to inject billions of dollars into a much-touted EU investment fund. The new European Fund for Strategic Investment (EFSI) plans to invest 315 billion euros into the EU’s ailing economy.

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Bank of China to help set London’s gold price

Posted by seumasach on June 18, 2015

Bank of China becomes first Asian firm to help set London’s gold price


16th June, 2015

A Chinese bank will become the first Asian firm in history to join a group of Western institutions that help set the price of gold in the London market.

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Collaborating with China is in America’s national interest

Posted by seumasach on June 15, 2015

Asia Times

14th June, 2015

As reported in the weekend edition of the Wall Street Journal, there are two contending schools of thought on how to deal with China’s rise. One school is to raise the pressure in confronting China such as increasing the surveillance flights over South China Sea.

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China? Have Grandmaster, will travel

Posted by seumasach on June 15, 2015

Pepe Escobar

12th June, 2015

As intellectual acumen and cross-cultural expertise go, it would be hopeless to expect self-described “Don’t Do Stupid Stuff” Obama administration foreign policy advisers — as well as Pentagon functionaries/hacks — to understand the complexities of China.

For instance, they would be incapable of evaluating all the myriad ramifications included in Professor Alfred McCoy’s masterful deconstruction of US-China geopolitics.

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Washington’s Great Game and why it’s failing

Posted by seumasach on June 9, 2015

Alfred McCoy

Tom Dispatch

7th June. 2015

It might have been the most influential single sentence of that era: “In these circumstances it is clear that the main element of any United States policy toward the Soviet Union must be that of long-term, patient but firm and vigilant containment of Russian expansive tendencies.” And it originated in an 8,000 word telegram — yes, in those days, unbelievably enough, there was no email, no Internet, no Snapchat, no Facebook — sent back to Washington in February 1946 by George F. Kennan, the U.S. chargé d’affaires in Moscow, at a moment when the Cold War between the United States and the Soviet Union was just gaining traction.

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New Silk Road could change global economics forever

Posted by seumasach on May 25, 2015

Zero Hedge

23rd May, 2015

Beginning with the marvelous tales of Marco Polo’s travels across Eurasia to China, the Silk Road has never ceased to entrance the world. Now, the ancient cities of Samarkand, Baku, Tashkent, and Bukhara are once again firing the world’s imagination.

China is building the world’s greatest economic development and construction project ever undertaken: The New Silk Road. The project aims at no less than a revolutionary change in the economic map of the world. It is also seen by many as the first shot in a battle between east and west for dominance in Eurasia.

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BRICS trample US in South America

Posted by seumasach on May 25, 2015

Pepe Escobar


22nd May, 2015

It started in April with a rash of deals between Argentina and Russia during President Cristina Kirchner’s visit to Moscow.

And it continues with a $53 billion investment bang as Chinese Premier Li Keqiang visits Brazil during the first stop of yet another South American commercial offensive – complete with a sweet metaphor: Li riding on a made in China subway train that will ply a new metro line in Rio de Janeiro ahead of the 2016 Olympics.

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U.S. wakes up to New (Silk) World Order

Posted by seumasach on May 15, 2015

Pepe Escobar

Asia Times

15th May, 2015

The real Masters of the Universe in the U.S. are no weathermen, but arguably they’re starting to feel which way the wind is blowing.

History may signal it all started with this week’s trip to Sochi, led by their paperboy, Secretary of State John Kerry, who met with Foreign Minister Lavrov and then with President Putin.

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Posted in Coup d'état in Ukraine, Disband NATO!, Global peace process, Iran, Multipolar world, New Cold War | Tagged: , , | Leave a Comment »

China overtakes US as Australia’s top foreign investors

Posted by seumasach on May 2, 2015


1st May, 2015

China has surpassed the United States to become Australia’s largest foreign investor, official data show.

Australia’s Foreign Investment Review Board (FIRB) said in its annual report on Thursday that China spent over AUD 27.7 billion (USD 21.8 billion) in Australia’s market in the fiscal year that ended on June 30, 2014, far outstripping the United States and Canada with AUD 17.5 billion and AUD 15.4 billion, respectively.

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