China’s close to one trillion US dollar investment program One Belt, One Road (OBOR) is facing serious pitfalls that could stop it from succeeding, writes financial analyst Sara Hsu in the Huffington Post. Insufficient due diligence is just one of a range of potential barriers, she writes.
Category Archives: Iran
One of the major global initiatives by China was the One-Belt, One-Road (OBOR),reviving the old silk roads. And while it is an open platform, major trade partners of China are currently not part of the initiative, including Australia, the UK and the US. Major disputes, like the Ausgrid, Brexit and Hickley cases, might only add to the worries countries should have when looking at their relation with China, without being part of OBOR.
Recent action by US authorities against ZTE and the Bank of China shows that a tough line with Chinese fraudsters works, writes accounting professor Paul Gillis on his weblog. “Chinese regulators are …protecting Chinese fraudsters and thereby creating a safe harbor for those who wish to commit fraud against US investors.”
China showed off yet another military product at the recent Zhuhai Airshow, the CX-1 missile, writes defense analyst Wendell Minnick in Defense News. The supersonic anti-ship cruise missile is ready for export to America’s friends and foes alike, with potential markets including Iran, Pakistan and African and South American countries.