One of the major global initiatives by China was the massive Belt and Road Initiative, reviving the old silk roads. In May 2017 a major international conference showed what our experts were already expecting: now all roads lead to China. Even countries who suffered from difficult relations with China, including both Koreas, appeared in Beijing.Larger than the former Marshall Plan after the Second World War, OBOR is going to redefine global trade.
Category Archives: Turkey
China internet giant Alibaba struck a major deal last week with Russia’s Mail.ru – one of Russia’s leading tech and media conglomerates that is already called Russia’s Alibaba. A smart move says Russian Ashley Dudarenok, a veteran marketer on China’s e-commerce and author of Unlocking the World’s Largest E-market: A Guide To Selling on Chinese Social Media in the China Economic Review.
Author Howard French, of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa explains in Foreign Policy what President Obama did not mention in his Nairobi speech. Obama did not really get the fast development of Africa, and has ignored the continent.
The Turkish preference for a Chinese air defense system rocked the Western defense industry, and now US firms are hitting back, writes defense analyst Wendell Minnick in Defense News.