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The World Land-Bridge

Category Archives

China To Drive Int’l Syria Rebuild

April 30, 2018 – More than 140 factories have restarted
production in Damascus’s Fadlon industrial zone in southern
Syria, and another 100 production facilities are being repaired
now, the Syrian Arab News Agency (SANA) reported today. The
industrial zone of Fadlon comprises half of the industries of
Damascus. Textile, chemical, clothing, medicine, steel, and
others have rehabilitated their facilities and begun production.
The rehabilitation of water, electricity, sewerage, telephone
lines, and other necessary services have assisted this zone in
going back to work and its factories to produce again.

Xie Xiaoyan, the Chinese government’s Special Envoy on the
Syrian issue, has signalled Beijing’s willingness “to do its
best” to contribute to ordinary Syrians returning to a normal
life. The envoy estimated that at least $260 billion in aid money
is needed to restore the devastated nation, and that this is a
task for the entire international community: “Many people have
died; millions have lost their homes or become refugees, and they
all need humanitarian aid. As a member of the UN Security
Council, China has always paid attention to providing
humanitarian assisstance both to Syrian citizens and refugees in
the form of goods, medicine, food, and money.”

Xie promised that “China is ready to become a driving force
in this process and to involve its companies in the restoration
work in Syria as soon as the security situation improves there.
Apart from China and Russia, the countries of the region should
also take part in the process, because only together will we be
able restore Syria,” Xie said.


Afghanistan Looks to India and China To Build Rail

May 1 -Informed sources in New Delhi have told the Indian daily, {The Statesmen} that senior officials from India and China will meet soon to discuss “the broad contours” of their joint
cooperation on development projects in Afghanistan which Prime Minister Narendra Modi and President Xi Jinping discussed at their two-day informal summit in Wuhan last week. Afghani Ministry of Economy spokesperson Suhrab Bahman gave an idea of the scope of development that could result on Apirl 29, reporting that one of the joint projects will be the construction of a railroad connecting Afghanistan, Tajikistan, Kyrgyzstan, Iran and China. That exciting potential was reported by Afghan TOLOnews.  Bahman said, in TOLOnews’ report, “that China is interested in giving Afghanistan more share in the ‘Belt and Road’ project connecting China with Central Asia.”

Such joint work will proceed, even though India is not likely to formally endorse the Belt and Road Initiative by name anytime soon, similar stories appearing today in {The Statesman} and {New Indian Express} report.

The {New Indian Express} cited Chinese Vice Foreign Minister Kong Xuanyou’s statement to reporters after the Wuhan summit, that “when it comes to connectivity, China and India do not have any principled disagreements.” He said that the two leaders “did not talk about the specific wording or expression of the Belt and Road, many things China and India are planning to do are in keeping with what the Belt and Road Initiative stands for.”

Afghanistan signed a Memorandum of Understanding with China on the BRI in May 2016, while India is already helping build a road and rail network to connect the Iranian port of Chandahar with Afghanistan, and then up north into Central Asia.

The other “connectivity” project where India and China are already cooperating cited by both newspapers is the Bangladesh-China-India-Myanmar (BCIM) economic corridor. China considers the BCIM as an important part of the Belt and Road; Indian diplomats emphasize that the project started before the BRI.

The {New Indian Express} asked a senior Indian diplomat if the joint project in Afghanistan implies that India might take a “softer” stance toward the BRI when Modi attends the June Shanghai Cooperation Organization summit in China?

“Most unlikely,” the diplomat said. “Given that we have elections next year, any such move would be seen as a climbdown by the electorate. We will continue to oppose the CPEC [China-Pakistan Economic Corridor]. But does that mean we can’t join other segments of the BRI if they align with our own interests?”


Schiller Institute’s Stephan Ossenkopp Interviewed by Chinese Media

March 31, 2018 – The German-language {China.org} journal interviewed “German China expert Stephan Ossenkopp” two days ago, on the question of the U.S. Import tariffs against China. He said that the continuous, successful and most of all peaceful rise of China is making those western elites nervous that do not want to give up their hegemony in international trade regulations. Punitive tariffs and investment bans will however not change this historic trend. The time of unilateral global systems is past, he said.

Stephan O

The time of unilateral global systems is past

The enormous trade deficit of the USA viz. China is the result of a paradigm change of the US economy away from investments in innovative infrastructure and production, but into speculative financial products, Ossenkopp explained. If Trump really wants to make America strong again, he should reactivate the Glass-Steagall Act, end the disastrous Wall Street speculation and revitalize his infrastructure and space program with a focus on technologically advanced industrial production.

Trump, Ossenkopp added, should utilize the chances offered by the Silk Road initiative, to bring the USA back on the right track with investments in the real economy.


Lake Chad Conference: Water Transfer Is Not an Option, It Is a Necessity

March 1  — The official outcome of the Feb. 26-28 International Conference on Lake Chad  in Abuja, Nigeria is an unequivocal statement of support for the Transaqua project, calling for the transfer of water from the Congo River basin to Lake Chad. It clearly states:

*There is no solution to the shrinking of Lake Chad that does not involve recharging the lake by transfer of water from outside the basin.

*That Inter-basin water transfer is not an option, but a necessity.

*The Transaqua Project, which would take water from the right tributary of River Congo, conveying the water 2,400 kilometers through a channel to Chari River, is the preferred feasible option.

Furthermore it was officially announced by Italian Ambassador to Nigeria Stefano Pontesilli, during the High-LevelSession of Presidents of the Lake Chad Basin Commission, that Italy will contribute EU1.5 million for the feasibility study of the Transaqua project, declaring that Italy was ready to partner with the proposed “Transaqua Project” to see the success of the water transfer. The feasibility study is planned to be carried out by the Italian engineering firm Bonifica and construction company PowerChina.


China’s Success Throws Free Market Ideologues Into Crisis

Feb. 13 — In the Jan. 29 issue of {Bloomberg Businessweek} magazine, an article titled “What if China Really Is Exempt from the Laws of Economics?” very aptly captures the consternation/ constipation imposed on the intellectually impoverished proponents of standard academic economics by the astounding development of China. Author Michael Schulman gets far more points for candor than he does for historic insight. He seems thoroughly oblivious to the simple fact that the U.S. industrial base was built entirely by economic dirigism, never mentioning Alexander Hamilton. He devotes zero attention to the Belt and Road Initiative (BRI).

However, what he does say would be hilarious, if the consequences of his outlook were not so dire: “But recently, my faith in the corpus of collective wisdom has been shattered. By China.” He elaborates: “The more I apply my rules of economics to China, the more they seem to go awry. China should be mired in meager growth, even gripped by financial crisis, according to my maxims. But obviously, it’s not. In fact, much of what’s going on right now in that country runs counter to what we know–or think we know–about economics. Simply, if Beijing’s policymakers are right, then a lot of basic economic thinking is wrong—especially our certainty in the power of free markets, our ingrained bias against state intervention, and our ideas about fostering innovation and entrepreneurship.”

Schulman bemoans the fact that the role of the CPC in the Chinese economy is more central than ever, but, even worse (for his ilk), that no disaster, but only sustained real growth has resulted from that top-down intervention. He inserts some politically correct caveats and qualifiers, to the effect that maybe some catastrophe is lurking off stage, but pretty much admits that he can’t discern it.

So, it’s therefore time to overhaul your failed axioms, right? Sorry, like Linus, Schulman isn’t ready to ditch the security blanket just yet: “I’m clinging to my maxims…but thanks to China, I’m prepared to edit them.”

A more open admission of intellectual bankruptcy would be hard to imagine.

The whole article:  www.bloomberg.com/news/articles/2018-01-24/what-if-china-is-exempt-from-the-laws-of-economics

 


Egypt: Fresh Vegetables Grown in the Desert

Chinese company, Sinomach Heavy Industry Corp., is building what is described as the world’s largest greenhouse complex in the Egyptian desert. The site is within two hour’s drive from Cairo, CGTN reported yesterday. The complex, which when complete will consist of about 3,000 greenhouses, will grow vegetables and fruit, such as tomatoes, cucumbers, eggplants, and peppers. This was decided in consultation with Egyptian agricultural experts, Hou Huicong, the deputy project manager explained. The water for the crops will come from a sub-branch of the Nile River, and ditches will be built to divert water to the greenhouses.

Components for the greenhouses have been produced in 80 factories in China that have been working on the project since July. On this ambitious schedule, operation of the greenhouses is expected this year. This accelerated timetable can be met, said Sun Guiding, purchase manager for the project, because, “We mobilized almost all resources producing agricultural appliances in China. Many are working around the clock.”

The $400 million project is the product of an agreement signed with the Egyptian government last May.

 


Pakistan PM Abbasi — BRI More Than Infrastructure

Pakistani Prime Minster Shahid Khaqan Abbasi, speaking at the Davos World Economic Forum (WEF) Wednesday, praised the quality and scope of the BRI.

“We strongly recognize the vision of China and President Xi Jinping…. We believe the Belt and Road Initiative is perfectly in sync with the WEF theme of creating `shared future in a fractured world.’ It is much more than just a partnership on infrastructure and it will cause significant improvement in lives of people from different countries.” He said half of humanity lives in the region of the Silk Road. He said the China-Pakistan Economic Corridor has started to show results in Pakistan with a major increase in manufacturing and exports. “The key principles are financial stability and lessening of environmental impact and Pakistan being a more responsible global citizen,”


China and Eastern and Central Europe Summit on BRI Cooperation

Nov. 27 -Joint cooperation through the global Belt and Road Initiative was the leading topic at the Sixth Summit of the China-Central and Eastern European countries (CEEC), also known as the “16+1 Cooperation,” which opened today in Budapest.

The Hungarian and Chinese Prime Ministers, Viktor Orban and Li Kequiang, kicked off this discussion in their addresses to over 1,000 entrepreneurs from China and the CEEC member countries attending the opening of the Economic and Trade Forum connected to the summit, according to a Xinhua report. The meeting of all 16 heads of government followed.

“If Europe shuts itself in, it loses the possibility of growth. We 16 have always been open and would always like to remain so. We always saw cooperation with China as a great opportunity,” Orban stated at the outset. “European resources are in themselves insufficient. For this reason we welcome the fact that as part of the new economic world order, China sees this region as one in whose progress and development it wants to be present.”

He referred to the Chinese role in the planned reconstruction of the railway line between Budapest and Belgrade, the capital of Serbia, as the “flagship project” of China’s increased presence in the region, asserting that the rail line could become  the fastest transport route to Western Europe for China’s New Silk Road. Hungary announced today the public procurement tenders for the reconstruction of that railway line, which is being financed mainly by China.

“We see the Chinese president’s One Belt, One Road initiative as the new form of globalization which does not divide the world into teachers and students, but is based on common respect and common advantages,” Orban said.

Chinese Premier Li laid out an aggressive program for increased China-CEEC cooperation by “docking” the Belt and Road Initiative with the development strategies of the CEEC, in the words of Xinhua. “Our aim is to see a prospering Europe,” he said, adding that the closer ties with the 16 countries, which includes 11 European Union members, will “usefully complement” EU-China relations.

Li pressed for the building of connectivity projects such as the Hungary-Serbia high-speed railway to be accelerated; proposed production capacity building be expanded, through the joint
building of “economic and trade cooperation zones and creating an industrial chain, value chain and logistics chain featuring closer integration, stronger drive and wider benefit;” and called for cooperation between small and medium-sized enterprises to be promoted, according to Xinhua’s report.

Li estimated China’s imports over the next five years should total $8 trillion, as it has moved from a phase of high-speed growth to high-quality growth, which “will surely create opportunities for all countries in the world… We hope the central and eastern European countries find their place in this volume and expand their presence on the huge Chinese market.”

Financial resources for all this, were also addressed. Li announced that the China Development Bank will provide $2.4 billion (2 billion Euros) for the China-CEEC Inter-Bank Association being inaugurated on Monday, and that China will provide another $1 billion for the second phase of capitalization of the China-Central and Eastern Europe Investment Cooperation Fund, most of which will be channeled to CEE countries.


China Myanmar Corridor Progresses

Myanmar President U Htin Kyaw, following his meeting with visiting Chinese Foreign Minister Wang Yi in Myanmar’s capital, Nay Pyi Taw, today, said Myanmar appreciates the proposal of building a China-Myanmar economic corridor, and intends to actively integrate with the Chinese over the project, Xinhua reported.

In this context, China has advanced a well received proposal in Myanmar, for a three-phase plan of action, so that Myanmar refugees in Bangladesh can return home. The International Organization for Migrations says that more than 610,000 Rohingya have fled to Bangladesh.
Speaking of the BRI China-Myanmar Economic Corridor, Wang pointed out that “China regards Myanmar as an important cooperative partner on the joint implementation of the Belt and
Road Initiative, and is willing to discuss the building of China-Myanmar economic corridor based on Myanmar’s development guidelines and practical needs, so as to promote common development of the two countries.” Wang further said, the Chinese side believes the Myanmar government has the wisdom and capability of pushing forward its domestic peace process, and China will continue to offer support at Myanmar’s request, reported Xinhua.

„The economic corridor will start in China’s Yunnan Province, extend to the central Myanmar city of Mandalay, and then east to Yangon and west to the Kyaukpyu special economic zone, forming a three-pillar giant cooperation pattern,” Wang said at the press conference on Nov. 19th., reported {Global Times}.


Webcast: President Trump’s Asia Trip and The New Paradigm

SCHILLER INSTITUTE ANNOUNCEMENT: HELGA ZEPP LAROUCHE WEEKLY WEBCAST
Thursday, November 16
6 PM CETNoon EST

To say that President Trump’s Asia trip was an historic success may be an understatement!  Though the highlight was his visit to Beijing and meetings with China’s President Xi Jinping, his meetings with other leaders, including his exchanges with President Putin, were productive.  In every event, he made explicit that the days when the U.S. acted as the enforcer of a unipolar empire are over.

Don’t be depressed or confused by the honking of the geese of the old establishment, with their lies and slanders against Trump and those who met with him.  These are only the hysterical squawks of those whose  collapsing world order is in its death throes.  They cannot succeed in stopping the momentum of the new dynamic unleashed in the world.  Let them squawk — we have to do our job, to ensure that they are defeated, and that the New Paradigm fully emerges.

What now?  Where do we go from here? Join Helga Zepp LaRouche on this week’s webcast, as she will provide an update on the strategic significance of Trump’s trip, and outline where we go from here.


If you missed last weeks webcast be sure to watch it.


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