Sunday, May 14, 2017

China Promotes Globalisation And Free Trade At New 'Silk Road' Summit

The Guardian: China's Xi lays out $900bn Silk Road vision amid claims of empire-building

Global leaders attend ‘Belt and Road’ infrastructure summit to praise plan Xi Jinping says will bring a new ‘golden age’ of globalisation

Chinese president Xi Jinping has kicked off a two-day showcase of what some call the most ambitious development project ever by comparing his country to a peace-loving explorer set on transforming the world with treasure-laden galleys not warships, guns or swords.

Speaking at the start of a high-profile summit about China’s “Belt and Road initiative”, Xi hailed his multi-billion dollar infrastructure crusade as a means of building a modern-day version of the ancient Silk Road and a new “golden age” of globalisation.

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WNU Editor: India is raining on the parade .... but their objections are valid about the debt burden that countries will be assuming if they accept the Chinese offer ..... India skips China's Silk Road summit, warns of 'unsustainable' debt (Reuters).

More News On Today's Belt And Road Initiative In China

China invests $124bn in Belt and Road global trade project -- BBC
China’s Xi says Silk Road plan boosts finance, security ties -- AP
China pledges $124 billion for new Silk Road as champion of globalization -- Reuters
Belt & Road: China welcomes heads of state, intl bodies at global cooperation forum -- RT
China's Xi Says Silk Road Plan Expands Finance, Security Ties -- RFE
China hosts Silk Road forum to revive trade route -- Al Jazeera
Beijing Puts Its Best Foot Forward for Xi's Summit -- Bloomberg
United States says it supports China's infrastructure connectivity plan -- Reuters
Australia receptive to China's Silk Road, but national interest first -- Reuters
China's COSCO to invest in Kazakhstan border project as part of Silk Road drive -- Reuters
Mongolia sees light over 'New Silk Road' -- Al Jazeera
Germany demands more free trade guarantees on China Silk Road plan: minister -- Reuters
China's Muslim Uighurs look to cash in on 'New Silk Road' -- Al Jazeera
Venezuela hopes no country hinders China's 'fantastic' Silk Road initiative -- Reuters
North Korea keeps low profile after U.S. complaint at China summit appearance -- Reuters
China wants 'new Silk Road' One Belt One Road project to help it dominate world trade -- ABC News Online
The $900bn question: What is the Belt and Road initiative? -- Tom Philips, The Guardian

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