Decades ago, the West criticized China for being an isolationist country. Now that it is opening its doors for healthy and peaceful collaboration with them, the West is resorting to criticism and even tries to move into a protectionist stance. Suddenly, globalism became a dirty word, and capitalist “China is just promoting its One Belt, One Road Initiative to find an open market for its industrial over capacity. ” Continue reading Six of G7 Countries Snub China’s Belt & Road Summit Due to “Dubious” Leaders
January 18, 2015, 7:43 am
The five Finance Ministers of BRICS will meet on the sidelines of the WEF summit next week in Davos where they will discuss preparations on establishing the newly-launched $100 billion BRICS Bank.