Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: ryanaka who wrote (378065)	7/23/2018 4:03:29 PM
From: zzpat	Read Replies (1) \| Respond to of 543056

I think we're talking about two different things. The Belt and Road initiative (free trade) is part of their plan to create infrastructure in other countries so they can trade more. They're not doing it because they're nice but the people in those counties will see it that way. For example, in the news today, "China and Rwanda are expected to sign more than a dozen trade and investment deals during Chinese President Xi Jinping’s state visit as Beijing seeks to cement its strategic influence in Africa and the Middle East." Granted Rwanda is in West Africa and Belt and Road tend to be in East Africa but it shows China is willing to spend whatever it takes to make friends. Another country in the news today, "Senegal’s decision to become the first African country on the Atlantic coast to sign up to the Belt and Road Initiative shows how quickly the transport network project connecting China by land and sea to Asia, the Middle East, Europe and Africa is expanding. Lending by China to Africa rose to about $12 billion in 2015 from little more than $100 million in 2000."