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China's President has pledged $124 billion for a new "Silk Road" connecting Asia, Africa, and Europe:
Chinese President Xi Jinping on Monday urged major multilateral institutions to join his new Belt and Road Initiative, stressing the importance of rejecting protectionism in seeking global economic growth.
Addressing other world leaders at a summit on the initiative in Beijing, Xi said it was necessary to coordinate policies with the development goals of institutions including the Asia-Pacific Economic Cooperation (APEC), ASEAN, African Union and the European Union.
Xi pledged $124 billion on Sunday for his new Silk Road which aims to bolster China's global leadership ambitions by expanding links between Asia, Africa, Europe and beyond, as U.S. President Donald Trump promotes "America First".
No one is totally sure. At the most basic level, One Belt, One Road (OBOR) is a collection of interlinking trade deals and infrastructure projects throughout Eurasia and the Pacific, but the definition of what exactly qualifies as an OBOR project or which countries are even involved in the initiative is incredibly fuzzy. "It means everything and it means nothing at the same time," said Christopher Balding, a professor of economics at Peking University. [...] According to Chinese state media, some $1 trillion has already been invested in OBOR, with another several trillion due to be invested over the next decade.
Fuzzier story at CNN. More at Wikipedia.
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(Score: 2) by Grishnakh on Tuesday May 16 2017, @08:01PM
Citation needed for all of these.
I think the thing you're missing is that "nationalism to protect your country from an aggressive invader isn't too bad", and that "nationalism which encourages invading your neighbors is bad".
Palestine isn't invading anyone, they're being occupied and oppressed by Israel.
Ukraine isn't invading anyone, they're being invaded and occupied by Russia.
Japan isn't invading anyone these days, so no one really cares if they're nationalistic as long as they're not militaristic, which they're not any more.
North Korea wants to take over the South, and has wanted this ever since the Korean War.
The Swiss have never invaded anyone, and are very strongly neutral.
American nationalism seems to usually involve blatant racism and white supremacy much like the German nationalism during the Nazi era.