I can't help feeling the US initiative is coming too late. The Guardian are doing a week long series on The Belt And Road, and the amount that's already been done is enormous. Part one is here:...
I can't help feeling the US initiative is coming too late. The Guardian are doing a week long series on The Belt And Road, and the amount that's already been done is enormous.
The approaches taken are very different, going on what Pompeo has said, and it will be interesting to see whether private industry can catch up to the rapidly moving juggernaut of Chinese planning, construction and progress on this.
If the US project turns out to be purely an "our ideology is better than your ideology" attempt to outdo the Chinese efforts it probably won't, in my layman's opinion, have the same impact as the Belt & Roadway project.
I think we are way behind the curve. The Chinese are long range planners, we are more reactionary. Our private sector is focused on short term profits. Investing in long range projects that have...
I think we are way behind the curve. The Chinese are long range planners, we are more reactionary. Our private sector is focused on short term profits. Investing in long range projects that have benefits beyond the bottom line seems antithetical to most of our corporate business cultures.
Perhaps you saw an earlier article on this subject that is salient:
Africa is also a focus of China investment and development programs and not by a small measure either. I expect they will incrementally raise those stakes.
It's difficult to see how private industries focus on the next quarters dividend payment can outplay a nations focus and investment on the next 50+ years.
It's difficult to see how private industries focus on the next quarters dividend payment can outplay a nations focus and investment on the next 50+ years.
Indeed. I found an article yesterday interesting about India attempting to short circuit (US based) big data and big banks attempts to monopolize their systems. With MNC's it is mostly a predatory...
Indeed. I found an article yesterday interesting about India attempting to short circuit (US based) big data and big banks attempts to monopolize their systems. With MNC's it is mostly a predatory one way street while China will likely win through a two way cooperative approach. IDK how politically that will play out or if China will attempt political changes in their favor.
There is a fair amount of resentment across Africa at Chinese presence they feel doesn't benefit them in the way they need, but I think in the long run they will be more successful than "the west"...
There is a fair amount of resentment across Africa at Chinese presence they feel doesn't benefit them in the way they need, but I think in the long run they will be more successful than "the west" in earning influence.
They are very rightfully dubious about any foreign power interest with their rich history of attempted colonizations, out and out slavery and raping of natural resources. The US (particularly the...
They are very rightfully dubious about any foreign power interest with their rich history of attempted colonizations, out and out slavery and raping of natural resources.
The US (particularly the banking/investment sectors) generally perceives everyone as rubes, the less developed the more that perception grows and more aggressive they are (including inside the US). It is that hubris that will be our undoing, imo.
I can't help feeling the US initiative is coming too late. The Guardian are doing a week long series on The Belt And Road, and the amount that's already been done is enormous.
Part one is here: https://tildes.net/~misc/42y/follow_the_new_silk_road
And part two: https://www.theguardian.com/cities/2018/jul/31/no-cambodia-left-chinese-money-changing-sihanoukville
The approaches taken are very different, going on what Pompeo has said, and it will be interesting to see whether private industry can catch up to the rapidly moving juggernaut of Chinese planning, construction and progress on this.
If the US project turns out to be purely an "our ideology is better than your ideology" attempt to outdo the Chinese efforts it probably won't, in my layman's opinion, have the same impact as the Belt & Roadway project.
I think we are way behind the curve. The Chinese are long range planners, we are more reactionary. Our private sector is focused on short term profits. Investing in long range projects that have benefits beyond the bottom line seems antithetical to most of our corporate business cultures.
Perhaps you saw an earlier article on this subject that is salient:
China is laying the groundwork for a post-American world order
https://www.washingtonpost.com/news/theworldpost/wp/2018/07/27/america-china/?utm_term=.2157fd87c0ba
Africa is also a focus of China investment and development programs and not by a small measure either. I expect they will incrementally raise those stakes.
Chinese investment in Africa: Beijing’s testing ground
The country’s politicians, lenders and businesses eye opportunities for growth and greater geopolitical influence
https://www.ft.com/content/0f534aa4-4549-11e7-8519-9f94ee97d996
It's difficult to see how private industries focus on the next quarters dividend payment can outplay a nations focus and investment on the next 50+ years.
Indeed. I found an article yesterday interesting about India attempting to short circuit (US based) big data and big banks attempts to monopolize their systems. With MNC's it is mostly a predatory one way street while China will likely win through a two way cooperative approach. IDK how politically that will play out or if China will attempt political changes in their favor.
There is a fair amount of resentment across Africa at Chinese presence they feel doesn't benefit them in the way they need, but I think in the long run they will be more successful than "the west" in earning influence.
They are very rightfully dubious about any foreign power interest with their rich history of attempted colonizations, out and out slavery and raping of natural resources.
The US (particularly the banking/investment sectors) generally perceives everyone as rubes, the less developed the more that perception grows and more aggressive they are (including inside the US). It is that hubris that will be our undoing, imo.