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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (131169)	3/1/2017 2:15:53 AM
From: TobagoJack	Respond to of 217542

one belt one road engages w/ american know-how hong kong is open for business ft.com New market: Blackwater founder looks to China for business The boom in private security services for Chinese companies has attracted a number of entrepreneurs including Erik Prince, the founder of Blackwater, the US private military company that achieved notoriety following a series of shootings in Iraq. Erik Prince © Bloomberg He is executive chairman of Hong Kong-based Frontier Services Group, which specialises in what it describes as ”securing supply chains” in Africa. China International Trust and Investment Corporation, a major Chinese state investment company, owns a 20 per cent stake in the group. Aside from this link to the Chinese government, Mr Prince brings political connections from the US — he is the brother of Betsy DeVos, Donald Trump’s education secretary. The company raised eyebrows in December when it announced it would establish two “forward operating bases” in China, one in Yunnan Province to service Southeast Asia, and the second in the restive western region of Xinjiang, which abuts central Asia. FSG said the strategy is to take advantage of China’s “One Belt, One Road” programme for trade and investment expansion. Despite its militaristic terminology FSG insists it will not provide armed guard services and weapons training — which are heavily restricted in China. The company says the bases will provide “training, communications, risk mitigation, risk assessments, information gathering, medical evacuation and joint operations centres that co-ordinate security, logistics and aviation services”. Mr Prince objects to the suggestion that FSG is a “Chinese Blackwater” and says that while many Chinese companies approach him for armed guard services, “I quickly try to disabuse them of the notion that it would be a good idea or that it would be permitted”.