BERLIN/BEIJING (Own report) – At this week’s Asia-Europe Meeting in Brussels, the EU will introduce a new “connectivity strategy” to counter China’s “New Silk Road.” As outlined by the EU’s head of foreign policy in September, the strategy is aimed at improving transportation infrastructure as well as digital and energy networks linking Asia and Europe. Beijing is also active in these domains in connection with its Silk Road initiative. Recently, Germany’s Ministry of Foreign Affairs launched an initial thrust in this project. At the time, Minister of State Niels Annen (SPD) declared in Uzbekistan that social standards and human rights are “priorities” for Brussels. “This is what makes our offer different from China’s Belt and Road initiative.” For years, Germany had supported – even with military assistance – the Uzbek regime that was applying torture. Washington has also launched a new infrastructure initiative in Asia, to which US Secretary of State Mike Pompeo declared that the USA is committed to “honest accords” and would “never seek dominance over the Indo-Pacific.” Continue reading
BERLIN/TEHRAN/WASHINGTON (Own report) – In talks with Iranian government officials on Tuesday, the German government will seek a solution in the dispute over the nuclear deal with Tehran. While trying to defend the interests of German industry, it is aiming for an independent Middle East policy. Because of its close alliance with Washington in the power struggle with Moscow and Beijing, this would be very important, as legitimization of Berlin’s claims to playing a leading role in global policy. While commentators are encouraging the government, the minister of the economy and business circles are warning against exacerbating the conflict with Washington. It is very risky for the German elite’s prosperity, because the United States is the largest market for German companies and, by far, their most important investment site. On the other hand, in Iran, the EU countries’ industry risks irrevocably losing out to China, due to the US sanctions.
MUNICH(Own report) – The Munich Security Conference, which ended yesterday, was marked by appeals for “Europe” to be more willing to go to war and have a resolute EU “global projection of power.” In addition to a significant arms buildup, the EU needs a “common desire to actually use its military weight,” German Defense Minister Ursula von der Leyen admonished. German Foreign Minister Sigmar Gabriel warned that Europe’s future “projection of power” cannot “do without” military force. Currently, this is not yet possible without the involvement of NATO or US armed forces; however, cooperation with Washington should be “on a par” and “not as deputies.” In the foreseeable future, the EU will be able to buildup its arms to such an extent that it will no longer need US support. Gabriel branded Russia and China – current “rivals” to the Western “system” – as “autocracies.”
This shadow play is a heady vortex, churning with power projections, spheres of influence, security and commerce
The New Silk Roads, known as the Belt and Road Initiative (BRI), will weave and interconnect six major economic corridors. At 12,000 kilometers, the Eurasia Land Bridge Economic Corridor is a rail network from eastern China to western Europe via Kazakhstan, Russia and Belarus.
Then there is the China-Mongolia-Russia Economic Corridor, while the China-Central Asia-West Asia Economic Corridor runs from Xinjiang to Istanbul. Nine new road links in the Greater Mekong help make up the China-Indochina Peninsula Economic Corridor. Continue reading
China has begun construction of the first Type 075 Landing Helicopter Dock (LHD) at the Shanghai based Hudong Zhonghua Shipbuilding Company. Construction most likely started in January or February of this year, with some satellite imagery and digital photos appearing online of at least one pre-fabricated hull cell. The Type 075 will be the largest amphibious warfare vessel in the Peoples’ Liberation Army Navy (PLAN), with similar displacement and dimensions as the U.S. Navy Wasp Class LHD. The PLA has also made it known through non-official channels that the force plans to expand the current PLA Marine Corps from 20,000 personnel to 100,000. As China completes preparations for its new military base in Djibouti, located in the strategic Horn of Africa, it has also continued its substantial investment in developing the port of Gwadar, Pakistan. Not only will Gwadar become a key logistics hub as part of the China-Pakistan Economic Corridor (CPEC) and the “One Belt, One Road” trade initiative, but will also be a key naval base in providing security for China’s maritime trade in the region. Continue reading
Look at a One Belt, One Road map showing how much of the world China’s new Silk Road economic initiative will involve and you’ll see one thing right away: This is a massive global undertaking with incredible potential – for China, and investors.
China could invest over $5 trillion into building its Belt and Road initiative over the next 10 years. That could mean a near 50% profit windfall for investors who know where to look… Continue reading
This year, a 300-mile railway will begin slicing through Kenya, cutting travel time between the capital, Nairobi, and one of East Africa’s largest ports, Mombasa, from 12 to four hours and breeding hopes of an economic and tourism revival in the region.
The country’s most significant transportation project since its independence in 1963 is being built courtesy of China. China Road and Bridge, a state-owned enterprise, leads construction of the $13.8 billion project, which is financed nearly 100% by the Export-Import Bank of China.
The railroad is one of a host of infrastructure projects China spearheads around the world in an ambitious quest to reinforce its emergence as the world’s next economic superpower while President Trump turns his back on globalization. Continue reading
Russian President Vladimir Putin has every reason to be proud of himself. He is a master of high geopolitical games. Moscow’s influence is more widespread than ever, possibly even greater than at the height of the Cold War, when Moscow was the capital of the Soviet Empire and vying with Washington for global dominance.
In the American presidential campaign, for the first time ever, a candidate openly quoted Putin as a model to follow, while in past decades, Russia, in its Soviet incarnation, was just the great enemy against which the United States should prepare to fight. Continue reading
It’s one of the great engineering achievements in history…
At 48 miles long, the Panama Canal cuts through a narrow strip of land in Central America.
It links up the Atlantic and Pacific oceans, allowing ships to pass through the landmass instead of sailing around a whole continent.
Ships pay dearly to use this shortcut… up to $375,000 for a one-way toll.
It’s worth the price. Continue reading
And Germany will do it. When push comes to shove, it has historically sided with Russia and other axis powers. China should be no exception. In a time when America is suiciding itself off the world stage, it’s a matter of survival for its allies as they seek more stable and consistent alliances.
Hong Kong’s crucial shipping trade is hoping China’s overseas infrastructure plan and closer business ties with Iran will enable the city to tackle the downturn in the seaborne sector and tougher competition, officials said.
The global container sector, which transports everything from bananas to iPhones, as well as the dry bulk shipping market hauling commodities including iron ore and coal, is struggling with a glut of ships, a faltering global economy and weaker consumer demand – pressuring freight companies as well as ports that handle the volumes.