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The Great Game Changer: Belt and Road Intiative (BRI; OBOR)

This is going to have to change. Speaking objectively here, in with Chinese interests in mind, I would say that China will need to get used to the idea of protecting its strategic interests abroad. For one, China has an overwhelming clout in Africa, which is the source of China's raw resource imports. Given the instability of that region of the world, and rising security threats , it will be a necessity for China's PLAN, PLA to be sent for expeditionary missions in the event of some kind of exigency. There's almost 1 million overseas Chinese in Africa and these are Chinese National Citizens. I would not trust the security and protection of China's citizens to local African Governments. If we judge the failure of Nigeria's own security forces to protect its own citizens against terrorists such as Boko Haram, imagine of its ability to protect Chinese minorities' rights.

No, China will have to send its armed forces abroad to advocate their rights. Just as what the United States does for its own. Just as what the JSDF does for our citizens.

Why 1 million Chinese migrants are building a new empire in Africa – Quartz

I agree with you and we saw that with the mass evacuation of Chinese nationals from Libya. I still don't know how permanent overseas bases would be worth the political and economic costs associated with it. China's global interests are trade driven whereas the United States' global interests are comprehensive.
 
I agree with you and we saw that with the mass evacuation of Chinese nationals from Libya. I still don't know how permanent overseas bases would be worth the political and economic costs associated with it. China's global interests are trade driven whereas the United States' global interests are comprehensive.

Developing China's own military bases abroad is only a natural course of action given its growing global imprint. Perhaps what China can do in the mean time is to initiate agreements with host countries to allow the Chinese Embassy in said country to host a specified number of Chinese PLA units, i don't know maybe a battalion or so strong. This should be emphasized for nations that have a considerable number of Chinese expats. For example, Angola (has over 260,000 Chinese expats), South Africa (has over 300,000 expats), etc.

I mean, if these nations are benefiting / receiving multi-billion dollar rewards with a trade with China, receiving multibillion dollar infrastructure project loans form China, they should be prepared to make some concessions.
 
how are America equal partners to everyone else? why does america need germany and japan? korea? saudi arabia? philliphnes? vietnam? poland? all countries who have not only smaller economy and population but also less gdp per capita while russian gdp per capita is higher than chinas.

Besides that, China does not share a similar view of the world with the US when it comes to inter-state relations.

China upholds equality and non-intervention while the US is all for bullying and lecturing from a higher moral/technical ground.

China and Russia are equal partners and and there is nothing like one side imposing their will upon the other against the other's consent.

Geopolitics, by the way, arrests both nations in one way or another. But this does not make unequal relationship. What Leverage stresses are geopolitical realities on the ground. But he misses the point that China, as much as Russia, if not more, is under the influence of geopolitical conditions some of them it controls, some it hardly does.

that will soon chance its already 10% and it will increase

Agreed. Russia's share in China's energy import is growing and I expect it to climb to number two position after Saudi Arabia in terms of crude.

At least with china russia can be sure its chinas only big partner everyone else has smaller economy whos allying with china and japan and other g7 countries sure wont switch sides.

Russia is not a junior partner. Period. Geostrategically, Russia is the most important partner today. An equal partner, regardless of scales of economy or sizes of population. Greater business with US or Japan does not make them strategic partners; in fact, China and US are at each others' throats, diplomatically. There is no strategic trust, even a semblance of it, between the two. Ever since China turned down the G2 offer, it is, figuratively, on US' strategic chopping block.
 
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President Obama brought a climate agreement back from his trip to Beijing last week, and Democrats and the media advertise it as a triumphant step in the U.S.-China relationship. At the weekend, he was in Brisbane for a G-20 meeting where he piled very effectively into Vladimir Putin, according to reports.

When we take a closer look at Obama’s Asian journey, we find Americans in deep trouble across the Pacific, and the guy who gets tough with the Russian leader elicits mostly shrugs. No amount of happy talk can change these realties.

Related: GOP Leaders Fume Over Obama’s Climate Deal with China

In truth, Obama’s days in Beijing, including a summit with President Xi Jinping, had more defeat than victory in them. Bring the cameras in close: We watch as the U.S. reaches its limits with the Chinese, even as China’s ties to other nations, notably Russia, power on with extraordinary momentum.

There is a simple way to put this: When Washington speaks to Asians now it is the past talking plaintively to the future. With the rest of the region abuzz about all that it’s getting done for itself, nagging China and other Asia nations about America’s once-unchallenged primacy in the Pacific is a certain loser.

The press pictures coming out of this trip, which included a gathering of leaders under the Asia-Pacific Economic Cooperation banner told a truer story. Obama was at a complete loss in the presence of the Russian president. Plenty of time with Xi, but both of them avoided eye contact every time a shutter snapped.

Bad atmospherics, then. While Xi and Putin put in strong performances, according to my sources in attendance, the American president was caught up in a mission abroad so carefully stage-managed you could all but read the choreography marks on the floor. It’s hardly a surprise that nothing significant was done.

Related: China Seeks Greater Role in Afghanistan with Peace Talks

What about that climate pact Xi and Obama signed? The American leader committed to reducing greenhouse gas emissions by roughly a quarter by 2025, while Xi agreed to stop the growth of China’s emissions by 2030. “Landmark agreement,” The New York Times reported, a “signature achievement.”

Wait a minute. One, while Obama agreed to quicken the pace of U.S. reductions, we’ll have to see how this plays on Capitol Hill. And China’s target is woefully short of anything remotely effective, climate scientists were quick to say. It’s increasingly clear we don’t have enough time for this sort of incremental, off-in-the-distance non-reduction target.

Two, the Chinese leadership and the CEOs at American power companies are going to wake up in, say, 2019 and fret that they aren’t pacing a bilateral pact signed five years earlier—as in, “We better not annoy those Americans,” or, “What will Beijing say if we don’t move faster?”
Risible. In my read, this agreement was an act of charity on Xi’s part, the American sherpas having said, “Our leader has to go home with something, please.”

Related: China’s Xi, Japan’s Abe Hold Landmark Meeting

Obama cut a deal whereby Chinese and American planes and naval vessels can better avoid confrontations off the mainland’s coast. A few market-opening measures of interest to high-tech manufacturers were signed. All good.

But bits and pieces—salad croutons served as the main course. A uniformed officer at the Pentagon could’ve managed the first agreement and an assistant secretary at Commerce the second.

As advanced before Air Force One took off, Obama was to push forward the Trans-Pacific Partnership, the administration’s (overly) ambitious trade agreement, which pointedly excludes China. Now we hear not a peep, and no surprise: The TPP—as easily predictable—is no further today than it was before this presidential journey.

This may come over as a harsh assessment. It is more an expression of alarm on the way to fear as the 21st century arrives in the western Pacific. Put Obama’s take- home next to China’s and Russia’s and it starts to look as if our leadership is well on the way to Nowheresville (a little-known atoll off the coast of Saipan).

Related: Landmark China/Hong-Kong Stock Trading Scheme Starts Nov. 17

For months before Obama traveled, Washington fought Beijing’s idea of an Asian-managed lending institution intended to rival the Asian Development Bank. This mistake—and it was one—was all too obvious in Beijing, where the Chinese boasted of the up-and-running Asian Infrastructure Investment Bank, its $50 billion capitalization, and its 20 (and counting) members.

Just to make things perfectly clear, Xi announced during Obama’s visit that China was putting $40 billion into a new Silk Road Fund to finance development projects in the seven Central Asian republics.

Stay with me. We’re only part way through the list.
In Brisbane, Obama sat and listened as China pressed its fellow BRICS—the middle-income group comprised of Brazil, Russia, India, China, and South Africa—to move swiftly to establish the New Development Bank, which will finance infrastructure and make available an emergency reserve fund.

It isn’t clear yet whether western nations will be welcome in either the BRICS bank or the AIIB; in the latter case, Washington had to lobby Canberra very hard to keep Australia from joining. Like the AIIB, the BRICS bank is also intended to preclude western leadership and control.

Related: Obama and Putin Are Odd Couple at Beijing Summit

Now we come to the Russian deals. Xi and Putin announced a second natural gas agreement, this one worth $325 billion, following the unprecedented $400 billion deal struck in March. By 2020, Russia will sell China more gas than it now sells Europe, and the supply is big enough and priced such that it could threaten U.S. sales in South Korea, Japan, and elsewhere in the region.

Numerous other agreements came atop this. Most important among them, Russian petroleum sales to China will now double.

This is where sanctions against Russia and a refusal to consider Xi’s persistent, always courteous requests for “a new great power relationship” are getting Washington. The rise of the non-West was destined to be a prominent feature of our century, but the U.S. could not have done more to propel it if it tried.

Related: Drop in Gas Prices Should Continue to Show Up in Economy
“The use the U.S. makes of the privileges she enjoys for providing the world's reserve currency are being increasingly contested,” Ken Courtis, a former Goldman Sachs man and a longtime observer of Asian affairs, said in a long interview carried on Australian Broadcasting over the weekend. “Their misuse has, among other things, pushed China and Russia into a tight strategic partnership.”

One can lay this at Obama’s feet because he has little experience managing foreign policy and no gravitas when he is in the room with leaders such as Xi and Putin. At home and abroad, he’s simply out of his depth.

More fundamentally, however, the policy-setting apparatus in Washington, from State, Defense, and intelligence to Commerce and the trade side simply cannot accept that America has to play a new kind of baseball if it is to keep pace with a world voracious to advance beyond old structures, institutions, and relationships.

How China and Russia Out-Maneuvered Obama in Asia | The Fiscal Times
 
When Washington speaks to Asians now it is the past talking plaintively to the future. With the rest of the region abuzz about all that it’s getting done for itself, nagging China and other Asia nations about America’s once-unchallenged primacy in the Pacific is a certain loser.

The pivot did more harm than help, as it seems. Certain small countries jumped in excitement but it has in fact pushed China to take measures that it would have otherwise taken in the 10-20 years down the road.

Besides, what was the rationale to announce a pivot in the middle of an economic crisis? Who is that smart guy in the US foreign department who thought that foreign policy can be singularly done with military? Did the US ever had a chance (and will it ever have in the foreseeable future) to contain China while it just got more important for the economic future of so many nations across the world?

US leadership is no longer the most sought-after player in any international gathering in Asia because it has very little to offer apart from sending more military assets to be hosted by some island states. US represents the rigid and not moving past while China offers plans and future potentials. China has a vision US has a huge ideological and Euro-centric baggage.
 
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No they can not. Russia itself is under sanction. China is hostile towards all of his neighbor except Pakistan But Pakistan itself depends a lot on US aid. India and Japan can not support china against US. So there is absolutely no question of china and Russia put to gather can wipe out the influence of US from Asia. Relation of Russia and China has not been very good in past nor in present.
 
No they can not. Russia itself is under sanction. China is hostile towards all of his neighbor except Pakistan But Pakistan itself depends a lot on US aid. India and Japan can not support china against US. So there is absolutely no question of china and Russia put to gather can wipe out the influence of US from Asia. Relation of Russia and China has not been very good in past nor in present.
:what:"China is hostile towards all of his neighbor except Pakistan"?

Your media really succeed in brainwash.But we have better relations in education,economic,research and many areas than India with our most neighbors and other countries.Even Sri Lanka prefer China.Don't you know China has better status in international world.Respect is more valuable than boast.

If only buying and buying without doing anything to hold out our cake,China will be welcome like India,all countries will say China is a "super power" "great friend" but we will never achieve it.
 
:what:"China is hostile towards all of his neighbor except Pakistan"?

Your media really succeed in brainwash.But we have better relations in education,economic,research and many areas than India with our most neighbors and other countries.Even Sri Lanka prefer China.Don't you know China has better status in international world.Respect is more valuable than boast.

If only buying and buying without doing anything to get your cake,China will be welcome like India,all countries will say China is a "super power" "great friend" but we will never achieve it.

I guess we just need to leave that Indian alone, bro.
 
:what:"China is hostile towards all of his neighbor except Pakistan"?

Your media really succeed in brainwash.But we have better relations in education,economic,research and many areas than India with our most neighbors and other countries.Even Sri Lanka prefer China.Don't you know China has better status in international world.Respect is more valuable than boast.

If only buying and buying without doing anything to hold out our cake,China will be welcome like India,all countries will say China is a "super power" "great friend" but we will never achieve it.


Your information is scanned information from CPC. You are not worth arguing. Educate yourself from some neutral source of information. We shall discuss then.
 
China investing in strategic partner Russia will financially benefit both - Global Times

Amid intensified Western sanctions on Russia and tumbling global energy prices, the Russian financial system is undergoing enormous difficulties. Its accelerating capital flight has led to a steep drop in the value of the Russian ruble, and meanwhile, its fiscal revenue has considerably decreased due to the plunge in oil prices.

In this context, China's extensive investment in Russia has drawn much attention. China now holds Russian bonds and exchangeable monetary assets and also makes direct investments in Russia. Some observers hold that as the Russian economy is now in a harder position, risks increase for Chinese investment. If massive losses occur, it will in turn affect the safety of Chinese financial institutions and may even spark a systemic crisis, they say.

Should we worry about being implicated in the difficulties of Russian finance? All investment involves risk. International investment in particular involves special risks that result from political, price and contract default factors. While it's necessary to watch these risks, more attention is needed on strategic interests.

Russia is a strategic collaborative partner of China and naturally deserves China's help. In the international landscape, China is under a lot of strategic pressure and needs to stabilize its strategic partner to share the burden. To this end, China's helping a strategic partner is somewhat helping itself.

When some eurozone countries were disturbed by the sovereign debt crisis, it was China that acquired their bonds to help stabilize their markets. However, in the aftermath of the crisis when these bonds appreciated dramatically, some Western investors even came to China in hope of buying back the bonds that they had tried hard to avoid. Didn't they know that things always change?

Such is the case with China's investment in Russia, as it will definitely appreciate when the Russian economy has passed through its difficulties and the world economy returns to the growth track.

As an important part of the global economy, China's decisions will affect the way that things proceed. Where China deploys its over $4 trillion foreign exchange reserves would hence exert a tremendous influence on the global market, which provides a greater security guarantee for China's financial system.

It is businesspeople that haggle over the returns of every investment deal while strategists always eye the ultimate strategic gains. China can only stay stable with stability in Russia ensured. In this case, giving a hand to Russia is also helping China itself.

What will China encounter on the international stage if it lets Western countries heighten sanctions on Russia and drag the country into chaos? What kind of cost will China have to pay for this? This cannot be matched against the losses that China may suffer in its investment in Russia. On the other hand, if China's help earns Russia's trust and makes it a reliable energy and resource supplier as well as a military strategic partner, how much would such a deal be worth?

The author is deputy director of the Institute of World Development at the Development Research Center of the State Council. opinion@globaltimes.com.cn

@vostok , @senheiser , @terranMarine , @Edison Chen , @Nihonjin1051 , @LeveragedBuyout , @Chinese-Dragon , @tranquilium , @Keel , et al.
 
To my fellow Indian friend, the fall of dollar is coming. China and Russia are taking steps towards that. Probably the gold standard will be restored.
It was very interesting to see that "climate deal". Funny thing is that the Europeans and US after being the biggest polluters for a long time, now want to force India and China to cut down emissions, forcing us to slow down industrial growth. Not gonna happen anytime soon.
 

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