NeutralCitizen
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Germany was well organized under Hitler, but it fell apart when he started going insane, communism and Soviet Nationalism that kept them organized.
The Great Game Changer: Belt and Road Intiative (BRI; OBOR)
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Germany was well organized under Hitler, but it fell apart when he started going insane, communism and Soviet Nationalism that kept them organized.
Sasquatch
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Russian Prime Minister Vladimir Putin has thrown down the glove at China over the two countries rival interests in Central Asia, announcing plans to form a 'Eurasian Union,' whose borders will encompass much of Chinas northwest and give Russia power over Chinas access to Central Asian markets and energy supplies. The proposed map which bears a suspicious resemblance to that of the former Soviet Union has so far met with derision in China.
Up until now, Putins call has been reported as a challenge to the EU. The Financial Times reports:
All this comes just as European Union attempts at closer integration with its eastern neighbours are faltering. Even if coincidentally, Mr Putins article appeared just days after an EU summit in Warsaw that aimed to relaunch an initiative to draw six former Soviet republics into its embrace, known as the Eastern Partnership. It was a damp squib.
This is missing the point: the countries already signed up for the union, Belarus and Kazakhstan, give the project a decidedly Eastern orientation, and Russia is much more concerned about Chinese influence in the landlocked region than the distant calls of Europe and the United States. A new report from SIPRI this week argued that Sino-Russian relations are weakening as China seeks a diverse portfolio of energy suppliers and is changing from an arms buyer to a competing manufacturer. Both countries have extensive Central Asian borders, and have strong interests, with China seeking energy suppliers and control over potential bases for militants from the Muslim region of Xinjiang.
Two chapters from a new book from the American National Bureau of Asian Research address the 'Great Game' in Central Asia and conclude that armed with infrastructure projects and deep pockets for loans, as well as the world's largest market for fossil fuels, China looks like it will have much more to offer over the long term than Russia.
But, Putin likely hopes, by offering market access and political support now, Russia can get these countries 'locked in' to a deal that will make him the gatekeeper for Chinas energy projects and political dealings in Central Asia. An economic or even currency union with Russia at its core would guarantee his continued relevance in an Asia that now looks like to be dominated by China in the coming century.
Is this project likely to succeed? Not to the extent Putin is hoping. C. Enders Wembush, in the NBR report, writes that Central Asian states are increasingly 'designing their own strategies to pursue objectives that are sometimes shared but sometimes in conflict with their Central Asian neighbours. The Central Asia they seeas well as the character of the competition enveloping itis not foremost the Soviet Central Asia of yesteryear.' Theyve learned to profit from working with both of the regions large powers, and are unlikely to accept a deal that will restrict their ability to deal with China.
So far, it seems, China is unconcerned about getting locked out of Central Asia, at least to the extent that its represented by its media. Coverage of the proposed union has ranged from indifferent to mocking. As one headline put it: Putin announces Eurasian Union, expert responds: Not expecting much.
Up until now, Putins call has been reported as a challenge to the EU. The Financial Times reports:
All this comes just as European Union attempts at closer integration with its eastern neighbours are faltering. Even if coincidentally, Mr Putins article appeared just days after an EU summit in Warsaw that aimed to relaunch an initiative to draw six former Soviet republics into its embrace, known as the Eastern Partnership. It was a damp squib.
This is missing the point: the countries already signed up for the union, Belarus and Kazakhstan, give the project a decidedly Eastern orientation, and Russia is much more concerned about Chinese influence in the landlocked region than the distant calls of Europe and the United States. A new report from SIPRI this week argued that Sino-Russian relations are weakening as China seeks a diverse portfolio of energy suppliers and is changing from an arms buyer to a competing manufacturer. Both countries have extensive Central Asian borders, and have strong interests, with China seeking energy suppliers and control over potential bases for militants from the Muslim region of Xinjiang.
Two chapters from a new book from the American National Bureau of Asian Research address the 'Great Game' in Central Asia and conclude that armed with infrastructure projects and deep pockets for loans, as well as the world's largest market for fossil fuels, China looks like it will have much more to offer over the long term than Russia.
But, Putin likely hopes, by offering market access and political support now, Russia can get these countries 'locked in' to a deal that will make him the gatekeeper for Chinas energy projects and political dealings in Central Asia. An economic or even currency union with Russia at its core would guarantee his continued relevance in an Asia that now looks like to be dominated by China in the coming century.
Is this project likely to succeed? Not to the extent Putin is hoping. C. Enders Wembush, in the NBR report, writes that Central Asian states are increasingly 'designing their own strategies to pursue objectives that are sometimes shared but sometimes in conflict with their Central Asian neighbours. The Central Asia they seeas well as the character of the competition enveloping itis not foremost the Soviet Central Asia of yesteryear.' Theyve learned to profit from working with both of the regions large powers, and are unlikely to accept a deal that will restrict their ability to deal with China.
So far, it seems, China is unconcerned about getting locked out of Central Asia, at least to the extent that its represented by its media. Coverage of the proposed union has ranged from indifferent to mocking. As one headline put it: Putin announces Eurasian Union, expert responds: Not expecting much.
ChineseTiger1986
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Lets forget about this for the moment, but an Eurasian Union with RMB as the common currency will be indeed nice.
China, Russia quit dollar
By Su Qiang and Li Xiaokun (China Daily)
Updated: 2010-11-24 08:02
St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.
China, Russia reach consensus on energy cooperation
Highlights of Chinese premier's activities in Russia
Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.
"About trade settlement, we have decided to use our own currencies," Putin said at a joint news conference with Wen in St. Petersburg.
The two countries were accustomed to using other currencies, especially the dollar, for bilateral trade. Since the financial crisis, however, high-ranking officials on both sides began to explore other possibilities.
The yuan has now started trading against the Russian rouble in the Chinese interbank market, while the renminbi will soon be allowed to trade against the rouble in Russia, Putin said.
"That has forged an important step in bilateral trade and it is a result of the consolidated financial systems of world countries," he said.
Putin made his remarks after a meeting with Wen. They also officiated at a signing ceremony for 12 documents, including energy cooperation.
The documents covered cooperation on aviation, railroad construction, customs, protecting intellectual property, culture and a joint communiqu. Details of the documents have yet to be released.
Putin said one of the pacts between the two countries is about the purchase of two nuclear reactors from Russia by China's Tianwan nuclear power plant, the most advanced nuclear power complex in China.
Putin has called for boosting sales of natural resources - Russia's main export - to China, but price has proven to be a sticking point.
Russian Deputy Prime Minister Igor Sechin, who holds sway over Russia's energy sector, said following a meeting with Chinese representatives that Moscow and Beijing are unlikely to agree on the price of Russian gas supplies to China before the middle of next year.
Russia is looking for China to pay prices similar to those Russian gas giant Gazprom charges its European customers, but Beijing wants a discount. The two sides were about $100 per 1,000 cubic meters apart, according to Chinese officials last week.
Wen's trip follows Russian President Dmitry Medvedev's three-day visit to China in September, during which he and President Hu Jintao launched a cross-border pipeline linking the world's biggest energy producer with the largest energy consumer.
Wen said at the press conference that the partnership between Beijing and Moscow has "reached an unprecedented level" and pledged the two countries will "never become each other's enemy".
Over the past year, "our strategic cooperative partnership endured strenuous tests and reached an unprecedented level," Wen said, adding the two nations are now more confident and determined to defend their mutual interests.
"China will firmly follow the path of peaceful development and support the renaissance of Russia as a great power," he said.
"The modernization of China will not affect other countries' interests, while a solid and strong Sino-Russian relationship is in line with the fundamental interests of both countries."
Wen said Beijing is willing to boost cooperation with Moscow in Northeast Asia, Central Asia and the Asia-Pacific region, as well as in major international organizations and on mechanisms in pursuit of a "fair and reasonable new order" in international politics and the economy.
Sun Zhuangzhi, a senior researcher in Central Asian studies at the Chinese Academy of Social Sciences, said the new mode of trade settlement between China and Russia follows a global trend after the financial crisis exposed the faults of a dollar-dominated world financial system.
Pang Zhongying, who specializes in international politics at Renmin University of China, said the proposal is not challenging the dollar, but aimed at avoiding the risks the dollar represents.
Wen arrived in the northern Russian city on Monday evening for a regular meeting between Chinese and Russian heads of government.
He left St. Petersburg for Moscow late on Tuesday and is set to meet with Russian President Dmitry Medvedev on Wednesday.
By Su Qiang and Li Xiaokun (China Daily)
Updated: 2010-11-24 08:02
St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.
China, Russia reach consensus on energy cooperation
Highlights of Chinese premier's activities in Russia
Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.
"About trade settlement, we have decided to use our own currencies," Putin said at a joint news conference with Wen in St. Petersburg.
The two countries were accustomed to using other currencies, especially the dollar, for bilateral trade. Since the financial crisis, however, high-ranking officials on both sides began to explore other possibilities.
The yuan has now started trading against the Russian rouble in the Chinese interbank market, while the renminbi will soon be allowed to trade against the rouble in Russia, Putin said.
"That has forged an important step in bilateral trade and it is a result of the consolidated financial systems of world countries," he said.
Putin made his remarks after a meeting with Wen. They also officiated at a signing ceremony for 12 documents, including energy cooperation.
The documents covered cooperation on aviation, railroad construction, customs, protecting intellectual property, culture and a joint communiqu. Details of the documents have yet to be released.
Putin said one of the pacts between the two countries is about the purchase of two nuclear reactors from Russia by China's Tianwan nuclear power plant, the most advanced nuclear power complex in China.
Putin has called for boosting sales of natural resources - Russia's main export - to China, but price has proven to be a sticking point.
Russian Deputy Prime Minister Igor Sechin, who holds sway over Russia's energy sector, said following a meeting with Chinese representatives that Moscow and Beijing are unlikely to agree on the price of Russian gas supplies to China before the middle of next year.
Russia is looking for China to pay prices similar to those Russian gas giant Gazprom charges its European customers, but Beijing wants a discount. The two sides were about $100 per 1,000 cubic meters apart, according to Chinese officials last week.
Wen's trip follows Russian President Dmitry Medvedev's three-day visit to China in September, during which he and President Hu Jintao launched a cross-border pipeline linking the world's biggest energy producer with the largest energy consumer.
Wen said at the press conference that the partnership between Beijing and Moscow has "reached an unprecedented level" and pledged the two countries will "never become each other's enemy".
Over the past year, "our strategic cooperative partnership endured strenuous tests and reached an unprecedented level," Wen said, adding the two nations are now more confident and determined to defend their mutual interests.
"China will firmly follow the path of peaceful development and support the renaissance of Russia as a great power," he said.
"The modernization of China will not affect other countries' interests, while a solid and strong Sino-Russian relationship is in line with the fundamental interests of both countries."
Wen said Beijing is willing to boost cooperation with Moscow in Northeast Asia, Central Asia and the Asia-Pacific region, as well as in major international organizations and on mechanisms in pursuit of a "fair and reasonable new order" in international politics and the economy.
Sun Zhuangzhi, a senior researcher in Central Asian studies at the Chinese Academy of Social Sciences, said the new mode of trade settlement between China and Russia follows a global trend after the financial crisis exposed the faults of a dollar-dominated world financial system.
Pang Zhongying, who specializes in international politics at Renmin University of China, said the proposal is not challenging the dollar, but aimed at avoiding the risks the dollar represents.
Wen arrived in the northern Russian city on Monday evening for a regular meeting between Chinese and Russian heads of government.
He left St. Petersburg for Moscow late on Tuesday and is set to meet with Russian President Dmitry Medvedev on Wednesday.
Russia may seek to help Euro bailout as it dumps US Treasuries
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Kenneth Schortgen Jr
, Finance Examiner
December 15, 2011
Over the last 12 months, Russia has been divesting itself from US Treasuries, and is now seeking to assist a potential Euro Zone bailout through the IMF. On December 15th, Arkady Dvorkovich, Deputy Minister for the Russian Federation, informed the public that they are considering supplying the IMF with $20 billion to assist in helping Europe's debt crisis.
Why's that? Because like China, Russia just dumped US bonds for the 12th straight month and instead both Russia and China are now focusing on making Europe their vassal state.- Zerohedge
Both Russia and China have been quietly selling Treasuries to lower their US risk as the dollar becomes a less valued currency in the global economy. Focus for the Eurasian countries has been in an emphasis on commodites and oil, along with strategic attempts to purchase corporations and economic zones of influence, as China accomplished recently in the state of Idaho.
Federal Reserve Chairman Ben Bernanke specified just yesterday that the central bank has little intention at this time to help bailout the Euro Zone as it did in 2008, and this decision opens the door for Russian and Chinese influence, but on their terms and requirements. So far, European nations have fought off attempts by China to purchase national corporations or other valuable infrastructure, but as the Euro Crisis continues, these policies may change.
Russia is seeking economically in Europe, what they once could not achieve militarily, a ripe opportunity as the prime supplier of energy in Europe to expand that influence. With the United States suffering their own economic problems, the shift by Russia from US debt to European bailouts may eventually bear fruit, and expand the overall European hogemony in the global economy.
Another nail into Pax America
Add a comment
Kenneth Schortgen Jr
, Finance Examiner
December 15, 2011
Over the last 12 months, Russia has been divesting itself from US Treasuries, and is now seeking to assist a potential Euro Zone bailout through the IMF. On December 15th, Arkady Dvorkovich, Deputy Minister for the Russian Federation, informed the public that they are considering supplying the IMF with $20 billion to assist in helping Europe's debt crisis.
Why's that? Because like China, Russia just dumped US bonds for the 12th straight month and instead both Russia and China are now focusing on making Europe their vassal state.- Zerohedge
Both Russia and China have been quietly selling Treasuries to lower their US risk as the dollar becomes a less valued currency in the global economy. Focus for the Eurasian countries has been in an emphasis on commodites and oil, along with strategic attempts to purchase corporations and economic zones of influence, as China accomplished recently in the state of Idaho.
Federal Reserve Chairman Ben Bernanke specified just yesterday that the central bank has little intention at this time to help bailout the Euro Zone as it did in 2008, and this decision opens the door for Russian and Chinese influence, but on their terms and requirements. So far, European nations have fought off attempts by China to purchase national corporations or other valuable infrastructure, but as the Euro Crisis continues, these policies may change.
Russia is seeking economically in Europe, what they once could not achieve militarily, a ripe opportunity as the prime supplier of energy in Europe to expand that influence. With the United States suffering their own economic problems, the shift by Russia from US debt to European bailouts may eventually bear fruit, and expand the overall European hogemony in the global economy.
Another nail into Pax America
VCheng
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Pakistanisage
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Sugarcane
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NO!
Convert them all to roubles and yuan!
This will worsen euro zone crises. I am not that much cruel
Safriz
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Let's see what comes of this.
Well you know.....
Now Tibet issue will be headline news and Putin's opposers will be given all the money they want to protest against his shady election.
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