From Economic Connection to Expansion, Belt and Road Enters 2nd Stage


Tiananmen's Tremendous Achievements

Initially, China’s Belt and Road focused on connections to Europe and the Middle East through Russia, Central Asia and Pakistan for safety of China’s trade lifelines especially the access to oil and gas from the Middle East. Now railways connection to Europe has been established through Russia and Central Asia and there are bright prospects of access to Iran’s oil and gas through the China-Pakistan Economic Corridor and brighter now due to Trump’s isolated exit from the multilateral nuclear deal with Iran.

When connections have been ensured, China’s Belt and Road initiative has been turned into economic expansion abroad. That is typically reflected by China’s efforts for free trade areas (FTA) with and investment in Latin America, which have nothing to do whatever with China’s connections abroad, In fact Silk Road has never stretched to America.

China now have secure provision of oil and gas from Russia and Iran when…

View original post 453 more words

Advertisements

About agogo22

Director of Manchester School of Samba at http://www.sambaman.org.uk
This entry was posted in General. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.