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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: 0) by Anonymous Coward on Tuesday May 16 2017, @09:28PM (2 children)
Last I checked the USA wasn't murdering political prisoners to harvest their organs for party members.
Killing other countries innocents as collateral damage in a war is far better than intentionally murdering the innocents one literally exists to protect.
By all means USA, continue your self-hatred party, but don't attempt to place such scum as China beneath you. That isn't just virtue signalling self-degrading, it's insulting to the billions who suffer under properly oppressive regimes.
(Score: 3, Touché) by FunkyLich on Tuesday May 16 2017, @10:46PM
I wonder when was the last time you checked a history book? I mean books which don't have the wars like in Korea, Vietnam, Nicaragua, Laos, Lebanon, Cambodia, Panama, Haiti, Iraq, censored out?
Why won't you spend the time reading a bit about the world instead of admiring your new star spangled undies in front of the mirror?
(Score: 2) by Azuma Hazuki on Wednesday May 17 2017, @01:13AM
China also never claimed to be a bastion of freedom. Their leadership is a bunch of right bastards, and they've never pretended to be anything but a bunch of right bastards.
I am "that girl" your mother warned you about...