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China bypasses American ‘New Silk Road’ with two of its own
Washington Post ^ | 10/14/2013 | Simon Denyer

Posted on 10/14/2013 7:01:30 PM PDT by TexGrill

BEIJING — Armed with tens of billions of dollars in investment deals and romantic tales of ancient explorers, Chinese President Xi Jinping has spent much of the past month promoting his vision of two new “Silk Roads” to connect his country to the West and secure its energy supplies — one by land and another by sea.

In the process, he has eclipsed an American vision of a New Silk Road that was advanced with much fanfare by then-Secretary of State Hillary Rodham Clinton two years ago and was supposed to revitalize Afghanistan as the link between Central and South Asia.

The contrast between the two visions — one with huge sums of money on the table, the other struggling to get off the ground — only underlines how China’s ever- growing clout in Asia is challenging the influence of the United States.

In Central Asia in particular, China’s leader has taken advantage of Russia’s relative decline and the planned U.S. troop withdrawal from Afghanistan to expand his country’s influence, experts said.

“China is making a pretty bold move,” said Chris Johnson of the Center for Strategic and International Studies in Washington. “Xi Jinping sees a huge gaping hole in terms of trade and economic opportunities that the U.S. has so far failed to take advantage of.”

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; History; Society; Travel
KEYWORDS: afghanistan; china; chinaeconomy; obama; waronterror
Global business tip
1 posted on 10/14/2013 7:01:30 PM PDT by TexGrill
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To: TexGrill
ROTFLMAO!

They can't even handle the “market” they have stolen!

I wish China could be forced to take the bad with the good!

Frankly, only China can solve the “problems” of the New World Order idiots.

Let them.

2 posted on 10/14/2013 7:22:14 PM PDT by sarasmom (Extortion 17. A large number of Navy SEALs died on that mission. Ask why.)
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To: TexGrill; Olog-hai

Ping!

King Obama and Hitlery steals Russian (along with American) lunch for the Chinese to eat.


3 posted on 10/14/2013 8:06:53 PM PDT by cunning_fish
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