.Executive Intelligence Review Online
China at APEC:
West Should Join Us on the New Silk Road
by Helga Zepp-LaRouche
Nov. 14—The rapid pace with which the world has changed positively since the summit of the BRICS countries in July in Brazil took another qualitative step forward at the summit of the Asia Pacific Economic Cooperation (APEC) forum last week in Beijing. Xi Jinping's agenda not only dominated the dynamics of the APEC summit; at the G20 summit in Brisbane, Australia, on Nov. 15-16, the new leading role of the BRICS countries (Brazil, Russia, India, China, and South Africa) will also contrast with the outdated model of trans-Atlantic member states.
President Obama's economic strategy, which had just caused a resounding electoral defeat for the Democrats in the mid-term elections, had actually been that the Trans-Pacific Partnership (TPP), which excludes China, would dominate the APEC summit, and the Chinese version, the Free Trade Agreement for Asia and the Pacific (FTAAP), which would be open to all, would not even be discussed at the summit, and neither would the Asian Infrastructure Investment Bank (AIIB) or the New Silk Road. Instead it was the inclusive FTAAP—which even the by-no-means pro-Chinese Peterson Institute in the United States had referred to as the superior model—that turned out to be much more attractive to the APEC states.
What China is offering with its various economic initiatives—the New Silk Road; the Maritime Silk Road; the Silk Road Development Fund, for which it has put up $40 billion in capital; $20 billion more in loans at low interest rates...
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This Week's Cover

  • China at APEC:
    West Should Join Us on the New Silk Road
    by Helga Zepp-LaRouche.
    The rapid pace of positive change in the world, since the July summit of the BRICS countries in Brazil, took another qualitative step forward at the summit of the Asia Pacific Economic Cooperation (APEC) forum last week in Beijing. Chinese President Xi Jinping's agenda not only dominated the dynamics of the summit; at the G20 summit in Brisbane, Australia, on Nov. 15-16, the new leading role of the BRICS countries is also in sharp contrast with the outdated model of trans-Atlantic member states, including President Obama's promotion of geopolitical confrontation.

National


International


Feature

  • Integrating the Nile Basin with Modern Transport
    The fourth and final part of a series by Hussein Askary and Dean Andromidas on the Nile Basin and East Africa, aimed at showing the tremendous potential for peace and prosperity in Africa, and also that the shovels are now in the ground, and beginning construction of great projects, for the first time in decades.

Science


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