Sunday, January 28, 2018
Cameras on Trump, Eyes and Ears on China
The Tangerine Shitgibbon may suck the oxygen out of a room when he enters, but China was right there bringing a breath of fresh air to the economic forum. And eating Tangerine's lunch at the same time.
President Trump used the World Economic Forum meeting to woo investors and business leaders by reassuring them that “America first does not mean America alone.” But it was clear in Davos, Switzerland, this past week that geopolitical momentum lay with Beijing, not Washington.President Shithead may want to Make America Great Again, but China is the one stepping into the vacuum left behind as other countries turn away from the arrogant asshole in the White House. Perhaps his motto should be Making China Great In Our Place.
At one end of town, President Michel Temer of Brazil welcomed an unexpected offer from Beijing for Latin American nations to work closely with a Chinese initiative, known as the Belt and Road, intended to spread its economic and diplomatic influence abroad.
At the other end of town, a senior Chinese diplomat helped introduce the prime minister of Pakistan at a breakfast meeting. Prime Minister Shahid Khaqan Abbasi used his talk to praise the rapidly expanding Chinese investments in his country, including to build power stations and a large port.
One of the best-attended speeches at the forum was that of Liu He, a member of China’s ruling Politburo, who promoted the Belt and Road initiative, also known as One Belt, One Road. Participants here said the Chinese initiative was already rivaling more established, traditionally American-led, international institutions.
“The China One Belt, One Road is going to be the new W.T.O. — like it or not,” said Joe Kaeser, the chief executive of Siemens, the German industrial giant, referring to the World Trade Organization.
Belt and Road takes its name from the idea that Beijing is spreading its influence along the ancient Silk Road that once linked imperial China to the Roman Empire and to the medieval Europe of Marco Polo. But that was not the only push to extend its presence abroad that Beijing was trying to showcase.
Belt and Road has been a centerpiece of the foreign policy of President Xi Jinping, and his promises of a “China Dream” of restoring his nation to past greatness. Unveiled in Kazakhstan in 2013, Belt and Road started as a plan to revive economic, investment and diplomatic links across Central Asia.
The plan gradually extended to include the Mideast, Europe and eastern Africa, with Beijing promising hundreds of billions of dollars of investment in highways, rail lines, ports, power stations and other infrastructure, much of it through loans from Chinese state-owned banks
Critics have been skeptical that projects bankrolled through the initiative will bury the recipients in debt and cause considerable environmental damage. It has also been criticized as an easy line of financing for authoritarian regimes. China says its projects will be environmentally and financially sound, and that it does not seek a say in how other countries are governed.
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