StraightShooter
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This is the OBOR to UK
The Great Game Changer: Belt and Road Intiative (BRI; OBOR)
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Yes, indeed.
You still think the current world fastest supercomputer is in the west?
Like your military hardware that still import more than 50percent than you make? Can India shut off import and still survive? No,It will collapse.
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Dungeness
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But it has not happened for the last 70 years. I don't know where you've got your confidence from, but you are certainly a very confident dude.
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Han Patriot
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I understand your frustration, but once you get out of India and see the world, it will change your mind forever. The truth is Chinese infrastructure is even better than western nations in some sense. How do I know? Because I have travelled the US and Europe. Even seen the shitty Charles De Gaul airport? The shitty subways of NY?
AndrewJin
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Supa Powa is only super in making surgica strika. It has no money, no technology, no talents, no execution.
TaiShang
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President Xi Jinping and his wife Peng Liyuan welcome Russian President Vladimir Putin before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome Christine Lagarde, managing director of the International Monetary Fund (IMF), and her husband before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome World Bank President Jim Yong-kim before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome UN Secretary-General Antonio Guterres before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome Cambodian Prime Minister Hun Sen before a banquet for the Belt and Road Forum (BRF) for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome Malaysian Prime Minister Najib Razak and his wife before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome Philippine President Rodrigo Duterte and his partner before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome Indonesian President Joko Widodo and his wife before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
President Xi Jinping and his wife Peng Liyuan welcome Belarusian President Alexander Lukashenko and his son before a banquet for the Belt and Road Forum for International Cooperation in Beijing, May 14, 2017. [Photo/Xinhua]
Night scene of the iconic Bird's Nest National Stadium is seen in Beijing on May 13, 2017. The Belt and Road Forum for International Cooperation will be held in the National Convention Center near the stadium from May 14-15. [Photo/Xinhua]
The CCTV Tower, the headquarters of China Central Television, shines for the Belt and Road Forum for International Cooperation scheduled for May 14-15 in Beijing, on May 13, 2017. [Photo/VCG]
MultaniGuy
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I am looking forward to OBOR. Hopefully OBOR will be something great.
TaiShang
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US in Denial as Beijing Lays Groundwork for New Economic Order
China's Belt and Road summit has begun—and its outcome will put another nail in the petrodollar's coffin
Paul Goncharoff
Marcellus’ famous one-liner to Horatio—“Something is rotten in the state of Denmark”—could be updated in 2017 as “something is rotten in the state of the Union”.
Does anyone else find it odd that one of the broadest geo-economic projects in recent history is only being attended by unofficial observers from the United States? It is the potentially game changing “Belt and Road” vision which is steadily, surely and inevitably coming together as evidenced by meetings ongoing in China this weekend. The project has already had some impact on the status and future relevance of the dollar, eurodollar and petrodollar.
The “Belt and Road” is China’s vision. It comfortably meshes with Russia’s Eurasian vision, coming together to provide a roadmap which includes a broad swathe of countries with contiguous or strategic interests on the continental landmass, from the South China sea to the Baltic. One of the key tenets of these programs is the promotion of free trade, contrasting with politically inspired behaviorism in sanctioning countries and tuning relationships via import restrictions.
China has put its money where its mouth is, with a further 100 billion yuan deposited to the Silk Road Fund to assist infrastructure projects and 60 billion yuan in aid to developing countries. In addition Chinese government-run banks are now establishing lending mechanisms of approximately 380 billion yuan to support the project. Both Russia and China agree that economic development will enhance political stability thoughout the many countries in the region.
Putin mentioned that trade protectionism creates the environment of have’s vs; have-not’s, resulting in a “breeding ground for international extremism and terrorism.” He went on to say that “Russia believes the future of the Eurasian partnership is not just about fostering ties between a few select countries and economies. It should change the very political and economic landscape of the continent bringing Eurasia stability, and prosperity.”
Over the past few years, and with increasing amplitude, China, Russia and other similarly interested economies are taking steps to reduce their dependence on the US dollar. The fact that the sale of oil denominated in US dollars is essential for the support of the US Dollar’s leading role worldwide. The US dollar's status as the planet’s reserve currency is one of two bulwarks of Washington's hegemony since the end of the Second World War, the other is projecting US military presence.
An International Energy Agency report showed that at the end of 2015 Russia overtook Saudi Arabia as the biggest crude exporter to China. The trade is Ruble/Yuan oriented, not US Dollar. Russian exports to China have more than doubled over the past seven years, rising to over 550,000 bpd and are expected to continue to be strong especially via the Eastern Siberia-Pacific Ocean (ESPO) pipeline.
Whatever alternative reality the US has been focusing on, whether it's arguing over photo sessions in the white house between guests (Trump-Lavrov), projecting military force to enhance stability of overseas interests (safe neighborhoods?), or transgender toilet issues. Not much is happening within the beltway to enhance the qualities of Gravitas, Pietas, Dignitas, or Virtus that befit hegemonic empires, or help with our global economic and geopolitical image.
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan, the Indian Rupee and even the Russian Ruble will eventually occupy a place on the world financial stage as serious competitors to U.S. dollar dominance.
One day when the USD is no longer the only go-to reserve currency, perhaps we may wish we had taken a more democratic path as we push ever harder to market our unipolar, beltway sanctioned “proper life for man” brand.
Speaking of brands, one Russian businessman tried to explain to me his view of how America globalizes, he said “It is like having a shoe that fits you well, but there is only one size. Those with bigger feet will suffer as they force their size 45 foot into that size 38 Oxford with all the accompanying pinched pain. Those with small feet will cry crocodile tears as their feet are hammered persistently for a swell-to-fit result… Either way no-one but the original owner is ever going to walk well”.
Paul Goncharoff is Chairman, Disciplinary Committee, National Association of Corporate Directors, Russia
@BRICSFTW , @samsara , @Kiss_of_the_Dragon , @powastick , @AndrewJin
***
For future potential reference, I save @onebyone 's thread here:
https://defence.pk/pdf/threads/5-000-china-europe-cargo-trains-expected-by-2020.495597/
China's Belt and Road summit has begun—and its outcome will put another nail in the petrodollar's coffin
Paul Goncharoff
Marcellus’ famous one-liner to Horatio—“Something is rotten in the state of Denmark”—could be updated in 2017 as “something is rotten in the state of the Union”.
Does anyone else find it odd that one of the broadest geo-economic projects in recent history is only being attended by unofficial observers from the United States? It is the potentially game changing “Belt and Road” vision which is steadily, surely and inevitably coming together as evidenced by meetings ongoing in China this weekend. The project has already had some impact on the status and future relevance of the dollar, eurodollar and petrodollar.
The “Belt and Road” is China’s vision. It comfortably meshes with Russia’s Eurasian vision, coming together to provide a roadmap which includes a broad swathe of countries with contiguous or strategic interests on the continental landmass, from the South China sea to the Baltic. One of the key tenets of these programs is the promotion of free trade, contrasting with politically inspired behaviorism in sanctioning countries and tuning relationships via import restrictions.
China has put its money where its mouth is, with a further 100 billion yuan deposited to the Silk Road Fund to assist infrastructure projects and 60 billion yuan in aid to developing countries. In addition Chinese government-run banks are now establishing lending mechanisms of approximately 380 billion yuan to support the project. Both Russia and China agree that economic development will enhance political stability thoughout the many countries in the region.
Putin mentioned that trade protectionism creates the environment of have’s vs; have-not’s, resulting in a “breeding ground for international extremism and terrorism.” He went on to say that “Russia believes the future of the Eurasian partnership is not just about fostering ties between a few select countries and economies. It should change the very political and economic landscape of the continent bringing Eurasia stability, and prosperity.”
Over the past few years, and with increasing amplitude, China, Russia and other similarly interested economies are taking steps to reduce their dependence on the US dollar. The fact that the sale of oil denominated in US dollars is essential for the support of the US Dollar’s leading role worldwide. The US dollar's status as the planet’s reserve currency is one of two bulwarks of Washington's hegemony since the end of the Second World War, the other is projecting US military presence.
An International Energy Agency report showed that at the end of 2015 Russia overtook Saudi Arabia as the biggest crude exporter to China. The trade is Ruble/Yuan oriented, not US Dollar. Russian exports to China have more than doubled over the past seven years, rising to over 550,000 bpd and are expected to continue to be strong especially via the Eastern Siberia-Pacific Ocean (ESPO) pipeline.
Whatever alternative reality the US has been focusing on, whether it's arguing over photo sessions in the white house between guests (Trump-Lavrov), projecting military force to enhance stability of overseas interests (safe neighborhoods?), or transgender toilet issues. Not much is happening within the beltway to enhance the qualities of Gravitas, Pietas, Dignitas, or Virtus that befit hegemonic empires, or help with our global economic and geopolitical image.
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan, the Indian Rupee and even the Russian Ruble will eventually occupy a place on the world financial stage as serious competitors to U.S. dollar dominance.
One day when the USD is no longer the only go-to reserve currency, perhaps we may wish we had taken a more democratic path as we push ever harder to market our unipolar, beltway sanctioned “proper life for man” brand.
Speaking of brands, one Russian businessman tried to explain to me his view of how America globalizes, he said “It is like having a shoe that fits you well, but there is only one size. Those with bigger feet will suffer as they force their size 45 foot into that size 38 Oxford with all the accompanying pinched pain. Those with small feet will cry crocodile tears as their feet are hammered persistently for a swell-to-fit result… Either way no-one but the original owner is ever going to walk well”.
Paul Goncharoff is Chairman, Disciplinary Committee, National Association of Corporate Directors, Russia
@BRICSFTW , @samsara , @Kiss_of_the_Dragon , @powastick , @AndrewJin
***
For future potential reference, I save @onebyone 's thread here:
https://defence.pk/pdf/threads/5-000-china-europe-cargo-trains-expected-by-2020.495597/
Last edited:
Dungeness
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But they do have lots of "plans".
MultaniGuy
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Thankfully the rise of China will change things for the better.US in Denial as Beijing Lays Groundwork for New Economic Order
China's Belt and Road summit has begun—and its outcome will put another nail in the petrodollar's coffin
Paul Goncharoff
Marcellus’ famous one-liner to Horatio—“Something is rotten in the state of Denmark”—could be updated in 2017 as “something is rotten in the state of the Union”.
Does anyone else find it odd that one of the broadest geo-economic projects in recent history is only being attended by unofficial observers from the United States? It is the potentially game changing “Belt and Road” vision which is steadily, surely and inevitably coming together as evidenced by meetings ongoing in China this weekend. The project has already had some impact on the status and future relevance of the dollar, eurodollar and petrodollar.
The “Belt and Road” is China’s vision. It comfortably meshes with Russia’s Eurasian vision, coming together to provide a roadmap which includes a broad swathe of countries with contiguous or strategic interests on the continental landmass, from the South China sea to the Baltic. One of the key tenets of these programs is the promotion of free trade, contrasting with politically inspired behaviorism in sanctioning countries and tuning relationships via import restrictions.
China has put its money where its mouth is, with a further 100 billion yuan deposited to the Silk Road Fund to assist infrastructure projects and 60 billion yuan in aid to developing countries. In addition Chinese government-run banks are now establishing lending mechanisms of approximately 380 billion yuan to support the project. Both Russia and China agree that economic development will enhance political stability thoughout the many countries in the region.
Putin mentioned that trade protectionism creates the environment of have’s vs; have-not’s, resulting in a “breeding ground for international extremism and terrorism.” He went on to say that “Russia believes the future of the Eurasian partnership is not just about fostering ties between a few select countries and economies. It should change the very political and economic landscape of the continent bringing Eurasia stability, and prosperity.”
Over the past few years, and with increasing amplitude, China, Russia and other similarly interested economies are taking steps to reduce their dependence on the US dollar. The fact that the sale of oil denominated in US dollars is essential for the support of the US Dollar’s leading role worldwide. The US dollar's status as the planet’s reserve currency is one of two bulwarks of Washington's hegemony since the end of the Second World War, the other is projecting US military presence.
An International Energy Agency report showed that at the end of 2015 Russia overtook Saudi Arabia as the biggest crude exporter to China. The trade is Ruble/Yuan oriented, not US Dollar. Russian exports to China have more than doubled over the past seven years, rising to over 550,000 bpd and are expected to continue to be strong especially via the Eastern Siberia-Pacific Ocean (ESPO) pipeline.
Whatever alternative reality the US has been focusing on, whether it's arguing over photo sessions in the white house between guests (Trump-Lavrov), projecting military force to enhance stability of overseas interests (safe neighborhoods?), or transgender toilet issues. Not much is happening within the beltway to enhance the qualities of Gravitas, Pietas, Dignitas, or Virtus that befit hegemonic empires, or help with our global economic and geopolitical image.
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan, the Indian Rupee and even the Russian Ruble will eventually occupy a place on the world financial stage as serious competitors to U.S. dollar dominance.
One day when the USD is no longer the only go-to reserve currency, perhaps we may wish we had taken a more democratic path as we push ever harder to market our unipolar, beltway sanctioned “proper life for man” brand.
Speaking of brands, one Russian businessman tried to explain to me his view of how America globalizes, he said “It is like having a shoe that fits you well, but there is only one size. Those with bigger feet will suffer as they force their size 45 foot into that size 38 Oxford with all the accompanying pinched pain. Those with small feet will cry crocodile tears as their feet are hammered persistently for a swell-to-fit result… Either way no-one but the original owner is ever going to walk well”.
Paul Goncharoff is Chairman, Disciplinary Committee, National Association of Corporate Directors, Russia
@BRICSFTW , @samsara , @Kiss_of_the_Dragon , @powastick , @AndrewJin
AndrewJin
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Plan=Achievement in their splendid western democracy....
TaiShang
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Not just plans. They even have plans about plans; it is like a black hole.
Besides, for some Indians on this thread to understand, I will repeat what @hackerdelight has gently reminded (I will write in large fonts):
Exports of goods and services (% of GDP) - World Bank:
India's GDP to export ratio is higher (and declining before even picking up).
Dungeness
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H1B visa holders' salaries are counted as their IT Export, and it is big part of their total export. I don't see too many products here that are made in India, but I do own one, a 10" x 10" steel temper that I bought at Home Depot some time ago. India is making progress in export of manufactured goods.
It's so hilarious when these joker brag abt their so called export superior to Chinese
132 Exascale supercomputer in 2017 and supapowa in 2012. Jai Hind!
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