In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘Chinese soft power’

India welcomes BCIM initiative

Posted by seumasach on July 4, 2014

India okay with BCIM, wants details on China maritime silk road

Times of India

30th June, 2014

BEIJING: India today backed China’s initiative to build a regional economic corridor also linking Bangladesh and Myanmar, but sought more details from Beijing about its plans for a Maritime Silk Road (MSR) before deciding to take part in the endeavour.

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China pivot fuels Eurasian century

Posted by seumasach on May 20, 2014

“Meanwhile, a discombobulated America seems to be aiding and abetting the deconstruction of its own unipolar world order, while offering the BRICS a genuine window of opportunity to try to change the rules of the game.” 

Pepe Escobar

Asia Times

A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass – at the expense of the United States. 

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Russia and Nicaragua to cooperate on construction of interoceanic canal

Posted by seumasach on May 18, 2014

Russia Beyond The Headlines

14th May, 2014

During Russian Foreign Minister Sergei Lavrov’s recent visit to Nicaragua, the two sides discussed prospects for bilateral cooperation. One major project that will unite Moscow and Managua for the next several years is the so-called Interoceanic Grand Canal, a new alternative to the Panama Canal.

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Chinese, Nigerian leaders vow to expand cooperation

Posted by seumasach on May 8, 2014

Wake Up From Your Slumber

7th May, 2014

Visiting Chinese Premier Li Keqiang Wednesday called for strengthening traditional ties between China and Nigeria and exploring new space for cooperation including aviation and aerospace, in a bid to lift the bilateral strategic partnership to a higher level.

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Frankfurt issues first bond backed by Chinese currency

Posted by seumasach on May 6, 2014

Deutsche Welle

2nd May, 2014

Frankfurt is joining London, Singapore and Hong Kong in the fast-moving market for bonds denominated in the Chinese currency, the renminbi. Germany’s KfW development bank announced it was issuing a two-year bond with the volume of 1 billion renminbi at the Frankfurt Stock Exchange.

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China-Africa to ink 60 agreements during Li’s trip

Posted by seumasach on May 6, 2014

The Chinese government has been battling to address these concerns raised by an unbalanced pattern of trade, even as it finances massive infrastructure projects in the continent. Chinese President Xi Jinping said in February this year that China, which has long been accused of using Africa as a source of natural resources and a market for its goods, will aim to make the continent more self-reliant.


4th May, 2014

Chinese Premier Li Keqiang on Sunday morning left Beijing for a four-nation Africa visitaccompanied by his wife Cheng Hong, state media reported.

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Emerging dynamics of petro-yuan standard

Posted by seumasach on April 4, 2014

Jim Willie


4th April, 2014

The shocks will be many as the USDollar struggles and falls off the global financial stage in full view. The desperate maneuvers like in Syria and Ukraine should be seen as last ditch efforts to save a dying system. For two decades the USDollar has been defended by military means. Worse, for 50 years the USGovt has been a hidden nazi enclave of wicked fascists who have hidden behind their overt disdain for communism, with Kissinger the flag bearer, with Brzezinski the ideologue, with Papa Bush the executor, with narcotics and genetics and gold thefts their principal agenda. The official US support of fascist regimes includes a list of nations as long as your arm. Since 2008 when the Lehman kill was executed in order to rescue Goldman Sachs, when Fannie Mae was hidden under the USGovt roof to prevent its $trillion fraud from being exposed, and when AIG was tucked in the USFed basement closet for ample monetized rescues to patch the derivative black holes, the Anglo-American banking system has indeed been going through trials and tribulations, leading to its death throes. The climax of the banking system death process is upon us finally, the fibrillations of sudden illiquidity against the backdrop of relentless unforgiving insolvency so evident to those with eyes that function. Never before has the USGovt been so plain in its fascist ways, with abuses on domestic soil and installed nazi regimes on foreign soil. They kill economies systematically. They wage war relentlessly, using it as a business initiative. They control bank movements obsessively. They monitor human movement compulsively. In Kiev were seen the swastikas on armbands. The name Neo-Con is derived as a more palatable version of Neo-Nazi. The game is over for their captured gutted violated USDollar kingdom in a veritable killing field of nations.

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Bank of England agrees Chinese London currency clearing hub

Posted by seumasach on March 27, 2014

Just as we once controlled “concessions” in China we can expect to see China doing the same thing here. We are, after all, completely bankrupt and becoming ever more so, with China as our main creditor. The programme for the decentralization of the British state now underway could facilitate this by dividing Britain into economic zones run by devolved assemblies. These in turn could negotiate concessions with China and other international partners. Tariq Ali perhaps hinted at this in an interview about Scottish nationalism:

JF: Do you think British elites are worried about the prospect of independence?
TA: Sections of them probably are, because they will see it as a blow to British pretensions.  But I think there may well be a section of the elite that might well say, Fine, it will save us money, it will stop the subsidies, etc, and Scotland doesn’t make much money anyway.  This is the section of the elite which believes that the only way forward is effectively to sell the British economy and the cities of the South to the rich, to oligarchs from various nationalities, Ukrainian, Russian, Arab, etc, who dominate large parts of the financial markets in London today.  That section of the elite, which thinks this is the future, won’t care at all, whatever they say in public.


26th March, 2014

The Bank of England has agreed a deal with the People’s Bank of China to make London a hub for Chinese currency dealing.

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China’s People’s Daily slams West’s ‘cold war mentality’ over Ukraine

Posted by seumasach on February 27, 2014


27th February, 2014

China’s top newspaper criticised the West on Thursday for remaining locked in a “cold war mentality” against Russia in the contest for influence over Ukraine, calling for the shackles of such outmoded thinking to be cast off to deal with the crisis.

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China starts to make a power move against the U.S. dollar

Posted by seumasach on February 21, 2014

This looks like a good moment to curb CIA activities in Ukraine and Venezuela

Investment Watch

20th February, 2014

In order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously low interest rates.  Of course the number one foreign nation that we depend on to participate in our system is China.  China accounts for more global tradethan anyone else on the planet (including the United States), and most of that trade is conducted in U.S. dollars.  This keeps demand for our dollars very high, and it ensures that we can import massive quantities of goods from overseas at very low cost.  As a major exporting nation, China ends up with gigantic piles of our dollars.  They lend many of those dollars back to us at ridiculously low interest rates.  At this point, China owns more of our national debt than any other country does.  But if China was to decide to quit playing our game and started moving away from U.S. dollars and U.S. debt, our economic prosperity could disappear very rapidly.  Demand for the U.S. dollar would fall and prices would go up.  And interest rates on our debt and everything else in our financial system would go up to crippling levels.  So it is absolutely critical to our financial future that China continues to play our game.
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China’s push into ‘America’s backyard’

Posted by seumasach on February 17, 2014

The Diplomat

8th February, 2014

The United States has been quite vocal about its “pivot to Asia,” but as Washington seeks to further its influence in the Asia-Pacific, China has been quietly upping its own importance to Central and Latin America. Now China is making a push to further its engagement with countries in the Western Hemisphere, as evidenced by the announcement of a new dialogue mechanism. The Community of Latin American and Caribbean States (CELAC), which met in Cuba from January 28 to 29, adopted a statement announcing the establishment of a China-CELAC Forum.

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