It started in April with a rash of deals between Argentina and Russia during President Cristina Kirchner’s visit to Moscow.
And it continues with a $53 billion investment bang as Chinese Premier Li Keqiang visits Brazil during the first stop of yet another South American commercial offensive – complete with a sweet metaphor: Li riding on a made in China subway train that will ply a new metro line in Rio de Janeiro ahead of the 2016 Olympics. Continue reading BRICS Trample U.S. in South America→
March 15—Substantial international attention has been focused on this year’s meeting of China’s National People’s Congress (NPC) and the Chinese People’s Political Consultative Committee (CPPCC), much of it misguided and/or malicious. But there is a real reason for the Congress’s importance. With the full brunt of the international financial crisis hitting Europe and the U.S., China is playing a crucial role in maintaining stability in the world economy. In particular, China’s commitment to the development of the two Silk Roads, the Silk Road Economic Belt and the 21st Century Maritime Silk Road, represents the only option for the world to chart a path out of the present economic crisis. Continue reading China’s Congress Charts a New Path for the World→
While China has been asserting its ownership of the major portion of the Collateral Accounts, it’s not leaving everybody behind.
Last December 16th,
“At a meeting with the leaders of 16 Central and Eastern European countries (CEE) in the Serbian capital of Belgrade on Tuesday, Chinese Premier Li Keqiang announced a new investment fund of $3 billion to facilitate financing in the cash-strapped countries.”
However, this is not news for the mainstream media… Continue reading China Extends $3 Billion Aid to Europeans; Monitoring Ruble→