Posted by seumasach on March 13, 2018
Pepe Escobar
12th March, 2018
The Chinese economy is bound to surpass the 19-nation eurozone before the end of the year. You don’t need to be an analyst in China to know that. Common knowledge from Guangdong to Gansu is that China’s economy was bigger than Europe’s up to the mid-19th century. Then came a bad spell – unleashed by Brit gunboat diplomacy – for a short 150 years.
Posted in Multipolar world | Tagged: Asian Infrastructure Investment Bank(AIIB), Belt and Road Initiative(BRI), New Eurasian Century, Trans-European Network – Transport (Ten-T), Venice Offshore-Onshore Port System (Voops) | Leave a Comment »
Posted by seumasach on February 25, 2018
The prospects of Quads, an Asian NATO aimed at countering Chinese influence, may simply dissolve under the sway of Chinese sort power. After all, the BRI actually offers real benefits in terms of India’s development in contrast to the meagre offerings of the fading Hegemony. Furthermore, India has already joined the SCO, a sort of Asian NATO aimed at countering US influence, and cannot for long attempt to ride both horses.
M.K.Bhadrakumar
25th February, 2018
Foreign Secretary Vijay Gokhale has hit the road running, as it were. There isn’t going to be a time lag following his predecessor’s permanent retirement from the South Block before the much-needed abandonment of the China policies over the past three years got under way. Those policies were characterized by a muscularity without precedents or a sense of ground realities that brought the two countries almost to the brink of war. In retrospect, they proved fanciful, sterile and even counter-productive –except, perhaps, to create a raison d’etre for the India-US defining partnership in the era of “America First”.
Posted in Uncategorized | Tagged: Asian Infrastructure Investment Bank(AIIB), Belt and Road Initiative(BRI), Chinese soft power | Leave a Comment »
Posted by seumasach on March 23, 2017
23rd March, 2017
The China-backed Asian Infrastructure Investment Bank (AIIB) said on Thursday it has approved 13 new applicants to join the bank, including Canada, a major ally of the United States, bringing its total membership to 70.
Posted in Multipolar world | Tagged: Asian Infrastructure Investment Bank(AIIB), Chinese soft power | Leave a Comment »
Posted by seumasach on February 28, 2017
“China also appears to be probing linking the BRI[Belt and Road Initiative] — its giant connectivity project for Asia, Europe, West Asia and Europe — in its equation with Washington.”
“Mr. Woolsey had described as a “strategic mistake,” the Obama administration’s opposition to the formation of the Asian Infrastructure Investment Bank (AIIB) — a China-led multilateral bank, from which projects under the BRI are likely to benefit.”
28th February, 2017
China’s ties with the United States appears for a re-set amid signs that a meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping could be held as early as May.
Posted in Multipolar world | Tagged: Asian Infrastructure Investment Bank(AIIB), strategic partnership between US and China | Leave a Comment »
Posted by seumasach on April 5, 2015
1st April, 2015
The announcement that major European powers will join the AIIB as founding members means the bank is now clearly accepted as a tangible game changer in the multilateral financial architecture. The formidable intentions of AIIB and the new transnational corridors project are both a challenge and an opportunity for India
Posted in Currency Wars, Multipolar world | Tagged: Asian Infrastructure Investment Bank(AIIB), BRICS New Development Bank (NDB), new global financial architecture | Leave a Comment »
Posted by seumasach on March 23, 2015
Here is confirmation of China’s potential world leadership. From now on, China has internationalized its “soft power” and these institutions will become truly global in their scope. Why else would “developed countries” like Britain be so desperate to join them- to make sure they live up to our own exacting standards of financial probity?If capital investment coming into Britain comes through banks of which we are founding members things become a lot easier politically
20th March, 2015
The BRICS New Development Bank (NDB), the Asian Infrastructure Investment Bank (AIIB), and the Silk Road Fund are all international initiatives spearheaded by China over the past months that symbolize Beijing’s growing influence in providing development funding and potential new sources of financing for developing countries.
Posted in Multipolar world, UK economy | Tagged: Asian Infrastructure Investment Bank(AIIB), BRICS New Development Bank (NDB), Silk Road Fund | Leave a Comment »
Posted by seumasach on March 23, 2015
17th March, 2015
Against the advice of the US, several European nations have decided to join the China-backed AIIB development bank. Washington had expressed concern over funding transparency and competition for the World Bank.
Posted in Battle for Europe | Tagged: Asian Infrastructure Investment Bank(AIIB), independent Europe | Leave a Comment »
Posted by seumasach on March 23, 2015
17th March, 2015
Washington’s EU vassals might be finding their backbone. Britain, Germany, France, and Italy are reported to have defied Washington’s orders and applied to join the Chinese-led Asian Investment Bank. Australia, Japan, South Korea, Switzerland and Luxembourg might also join.
Posted in Battle for Europe | Tagged: Asian Infrastructure Investment Bank(AIIB), End of empire, independent Europe | Leave a Comment »
Posted by seumasach on October 30, 2014
24th October, 2014
BEIJING – (AP) — Twenty-one Asian nations have signed on to a China-driven initiative to create a new development bank for Asia that’s aimed at boosting infrastructure investment of all kinds. Beijing sees that as a way to raise its international standing, but Washington opposes the move as an unnecessary and potentially damaging rival to established institutions such as the World Bank.
Posted in Multipolar world | Tagged: Asian Infrastructure Investment Bank(AIIB), asian integration, BRICS(Brazil-Russia-India-China-South Africa), Chinese soft power | Leave a Comment »
In These New Times 