1st September, 2017
DENPASAR, Indonesia — China is expected shortly to launch a crude oil futures contract priced in yuan and convertible into gold in what analysts say could be a game-changer for the industry.
Posts Tagged ‘Chinese soft power’
China sees new world order with oil benchmark backed by gold
Posted by seumasach on September 3, 2017
Posted in Currency Wars, Multipolar world | Tagged: Chinese soft power, decline of dollar, gold-backed yuan | Leave a Comment »
China gets its way on North Korea despite resistance in Washington
Posted by seumasach on August 7, 2017
Alexander Mercuris
7th august, 2017
The latest UN Security Council resolution on the North Korea crisis shows that it is China’s approach which is prevailing.
Posted in Multipolar world | Tagged: Chinese soft power, North Korea, retreat from empire | Leave a Comment »
Petrodollar faces growing threat from the East
Posted by seumasach on April 29, 2017
27th April, 2017
While the recent raft of Sino-Saudi trade agreements benefited Chinese soft power in protecting Xinjiang, and the Saudis by diversifying their economy, China’s slow intertwining with Saudi Arabia complements the Sino-Russo alliance. Primarily, its benefits could lead to a realistic threat to the petrodollar.
Posted in Multipolar world | Tagged: Chinese soft power, dollar collapse, End of empire, end of petrodollar | Leave a Comment »
Did Rex Tillerson dance to China’s tune?
Posted by seumasach on March 23, 2017
22nd March, 2017
For all his tough talk in Tokyo and Seoul, Rex Tillerson adopted a remarkably soft tone when he met China’s president and officials in Beijing during the last stop of his first Asian tour as US secretary of state last week.
Posted in Multipolar world | Tagged: Chinese soft power, strategic partnership between US and China, trump agenda, Trump's pivot to Asia | Leave a Comment »
China-led AIIB approves 13 new members
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 »
How China can gain after Trump muddies the waters with Australia
Posted by seumasach on March 21, 2017
“With the US and Europe now retreating, China should seek to draw Australia closer and build a [political] partnership with Australia,”
21st March, 2017
Australia is likely to tread an increasingly delicate path in balancing its relations with China and its traditional ally the United States amid sometimes erratic behaviour and unclear policy direction under US President Donald Trump, according to analysts.
Posted in Multipolar world | Tagged: China Australian cooperation, Chinese soft power, retreat from empire | Leave a Comment »
Trump prioritises meeting with Xi Jinping
Posted by seumasach on February 28, 2017
M.K.Bhadrakumar
27th February, 2017
The Chinese State Councilor Yang Jiechi is in Washington at the invitation of the US administration. He is the first senior Chinese official to visit the US after President Donald Trump took office. Yang had visited New York in December to meet with Trump’s transition team.
Posted in Uncategorized | Tagged: Chinese soft power, strategic partnership between US and China, trump agenda | Leave a Comment »
China wealth fund wants to turn Treasuries to U.S. Infrastructure
Posted by seumasach on January 22, 2017
17th January, 2017
Jan. 16, 2017 (EIRNS)—In a speech to the Asia Financial Forum in Hong Kong today, China Investment Corporation chairman Ding Xuedong said that CIC wants to change its holdings of U.S. Treasury debt, into an investment in building of new infrastructure in the United States. Ding’s speech was reported in the South China Morning Post, Reuters, and other media.
Posted in Multipolar world | Tagged: Chinese soft power, strategic partnership between US and China | Leave a Comment »
How Israel can align its strategy with China’s Silk Road
Posted by seumasach on January 22, 2017
Kevin Lim
21st January, 2017
When China’s President Xi Jinping articulated his idea of the Silk Road Economic Belt (SREB) in Astana in September 2013 and again a month later in Jakarta, 1what emerged was a vision to parlay large-scale economic dynamism into a foreign policy projecting Chinese influence overseas in the name of development. Inclusive and expansive at once, this is an ambitious vision and one which could seal ours as the Chinese century if it succeeds in weaving the loose ends of China’s overseas interests into a coherent whole. Three years into SREB, now better known as the “Belt& Road Initiative” (BRI), a part of the vision is slowly taking on flesh. The volume of media reports attests to this. What remains less clear is the strategic implications and opportunities of BRI on China’s partners. Occupying a slight sliver at the intersection of West Asia and the Middle East, Europe and Africa — regions of intimate relevance to BRI — Israel too has joined the new Silk Road caravan. Where does it fit in, and what difference does BRI make?
Posted in Global peace process, Multipolar world | Tagged: “Belt& Road Initiative” (BRI), Chinese soft power, One Belt One Road, Silk Road Economic Belt (SREB) | Leave a Comment »
China is changing the Middle East’s geo-political dynamics
Posted by seumasach on January 22, 2017
22nd January, 2017
Nowhere has the Obama administration done more damage to the US position than in the Middle East, leaving a big void to be filled largely by China, the silent player, and Russia, the military stalwart holding the US at bay. Could this be the end of US’ unchallenged hegemony it has been enjoying since the end of the Second World War? While Russia has quite effectively sidelined the US in military terms, China’s ‘One Belt, One Road’ (OBOR) which is to stretch deep inside the Middle East and extend into Europe, is emerging as a factor that will transform the Middle East’s current geo-political landscape. Nowhere is this impact more apparent than in the emergence of Israel as China’s most important partner. With Israel acquiring a pivotal position in China’s mid-eastern calculus, other countries’ relations, particularly those trying to tap into China’s economic projects, with Israel are also likely to undergo a very meaningful transformation.
Posted in Multipolar world | Tagged: Chinese soft power, One Belt One Road | Leave a Comment »
Global helmsman Xi Jinping steps up with charm offensive
Posted by seumasach on January 18, 2017
Pepe Escobar
17th Janaury, 2017
He did it, his way; Chinese President Xi Jinping descended on the Swiss Alps; profited from a geopolitical vacuum only three days before Donald Trump’s inauguration with the Atlanticist West mired in stagnation and/or protectionism; unleashed a charm offensive; and deftly positioned China in the lead of “inclusive” globalization.
Posted in Multipolar world | Tagged: China-led globalization, Chinese soft power, One Belt One Road | Leave a Comment »
In These New Times 