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

[AndrewJin]

How long is it?

 

[cirr]

How long is it?

42 wagons for 84 containers。

 

[ahojunk]

Congratulations to China!

The One Belt One Road is fast taking shape.

There are other trains from China to Europe. From memory, there are trains originating from China that terminate in Madrid and Poland.

 

[cirr]

Russia And China To Build Cross-Border Aerial Ropeway

Posted By: Marie Cabural

Posted date: August 22, 2015 12:27:19 PM

Russia and China are expected to build a 750-meter long aerial ropeway to allow people to pass through across a border river, which would boost tourism in both countries, report Shanghai Daily.



According to the press service of the Russian government, Prime Minister Dmitry Medvedev signed an order authorizing certain government agencies to strike an intergovernmental agreement with counterparts in China for the construction, operation, and maintenance of the cross-border aerial ropeway on Amur River (Heilongjiang River in China).

Cross-border aerial ropeway expected to attract investments

Russia and China are expected to begin the construction of the cross-border aerial ropeway this year, and its estimated opening will be in the first quarter of 2018. The ropeway is expected to add beauty to the Amur region and attract infrastructure investments to improve it as a tourist destination. It is also expected to help promote socio-economic development in the region.

Additionally, China and Russia are expecting to complete the construction of the 2,215-meter long railway bridge across the Amur River by 2015. The bridge will connect China’s Tongjiang City in Heilongjiang Province with Nizhneleninskoye with Russia's Jewish Autonomous Oblast.

The bridge is expected to help boost the development of cross-border trade, transportation and tourism in the region.

A package of investment programs related to the two cross-border projects will be discussed during the upcoming 2015 Eastern Economonuc Forum (EEF) on September 3 to 4 in Vladivostok, Russia.

Russia and China expected to sign 22 agreements

Russian President Vladimir Putin is scheduled to visit China on September 3. He will join his counterpart Xi Jinping in the celebration of the 70th Anniversary of China’s victory against Japan and the broader defeat of the Axis powers and the end of the World War II.

"At the beginning of September, Putin will pay a visit to China. He will also attend celebrations of the 70th anniversary of Victory in the world war against Nazis and the war of China’s resistance to Japanese aggressors. An official meeting between Putin and [Chinese] President Xi Jinping is planned during solemn celebrations," said China’s Deputy Foreign Minister Chen Gopin.

The People’s Liberation Army will showcase its newest military equipment during the event.

Russia and China are expected to sign 22 agreements, according to the Russian Ambassador to Beijing Andrei Denisov. According to him, Putin and other members of the Russian delegation would discuss a range of issues with the Chinese party including trade and economic cooperation.

Denisov said, "I can say that we have 22 documents on the list.” According to him, the documents are related to infrastructure construction, banking, and financial sectors.

"We also expect to see the CEOs of our energy and metals companies, and also transport companies, as we have many transport projects," according to the Ambassador.

Meanwhile, Russia and China started the second phase of the joint naval exercises (Joint Sea 2015) involving 22 warships and more than 500 troops, 20 aircraft, and 40 armor vehicles.

Wang Haiqing of Xinhua commented that the joint naval drills are designed to promote maritime security and regional stability. Political observers suggested that both countries are seeking to extend their military power in the Asian region, which is torn byterritorial disputes.

"Growing military ties between Russia and China have irritated some sensitive nerves especially in Washington, but it is worth noting that excessive geopolitical interpretation of a specific military drill is neither necessary nor justified," said Haiqing.

Russia And China To Build Cross-Border Aerial Ropeway

 

[TaiShang]

China opens cargo train service from northwest city to Germany
(Lanzhou to Hamburg)
| 2015-08-21

LANZHOU, Aug. 21 (Xinhua) -- A freight-train service between Hamburg, Germany, and Gansu Province in northwest China opened Friday.

The first train left Gansu's capital city Lanzhou at 10:50 a.m. on Friday. It will take 13 days to travel the 8,900 kilometers of track to Hamburg.

The train is carrying machinery and electrical appliances, much of it manufactured in east China. On its return journey, it will carry advanced machinery made in Germany, according to Niu Xiangdong, vice mayor of Lanzhou.

"This service will help Lanzhou establish a reputation as a hub for foreign trade, which will help develop the industry here," he said.

A weekly cargo rail service linking Lanzhou with Central Asia started on July 5 this year. The train leaves Lanzhou every Saturday, Niu said.

 

[Keel]

for the foreign-minded simpletons in economics please dont give your vodoo and stolen economic concepts again

Bretton Woods system is a sound system which was built on substance
It aimed to maintain order and stability in currency exchanges all across the board while the american system is built on "american credits" like your credit card without signing limits - like the economists said "Fiat Money" which I brought the term for the first time on PDF on similar topic

China's Yuan is not going to "replace" the dollar overnight or anytime soon.

But the gist of the OP is stating the challenge against the dollars hegemony is there and the most qualified candidate for this job is laid on the shoulders of PRC now

Will RMB succeed in doing so? I think this is beyond discussion but the real sense of the endeavours is the world needs a rebalancing of "dollar hegemony" which will benefit the world currency regimes on the long run if RMB rises in prominence!

 

[gambit]

Some time I just wonder what kind of education level are required to write column or article for Russian source.....

The same level that is in someone gullible enough to believe Russian sources.

 

[TaiShang]

of course not, critical thinking is always necessary, and like with fox news, your sources do away with that in favor of a simple narrative that feels good to whatever viewpoint they are catering to. At least in the US there are more viewpoints than the government's viewpoint.

fine ,live in your dream world where the US is forever collapsing , you will be great company for Hasbara buster, but i'll still call out these crappy sources for those who actually choose to think instead of opening their mouths for whatever soothes their fragile egos.

Chillax, man. I know you know by heart you have a great democracy and you are simultaneously very critical-minded, multi-dimensional, multi-layered, cost-effective and environment-friendly. The news article above is just slightly above your level despite of all the amaznamous attributes and features you have.

Nobody claims the collapse of the US. I promise it won't collapse.

Today I wrote a long post somewhere here arguing that it is only the US that is capable of policing and dominating the world while China is neither capable of nor willing to do so.

You can take my words for China's foreign policy.

China is simply a developing country while US is the behemoth.

Feeling better now?

Note: Those who believe that "those who believe in Russian resources are gullible" are the ones who are gullible themselves. Period. This won't be open for debate again.

By the way, which idiot chooses to use the word believe to refer to reading news sources? This reflects a serious mental disorder and a state of mind of certain Western readership that think reading is an act of believing.

 

[Economic superpower]

Of course. or you don't know how the US financed the war efforts in Vietnam? They printed dollars day and night, making the currency more and more worthless. Until a certain breaking point was reached, when in 1971 the US central bank could not keep the promise: the peg 35 USD to a ounce of gold. Pls feel free and check how much an ounce costs right now.

The US withdrew from VN because the cost became unsustainable, even for a economic and military superpower. That was the strategy of North Vietnam.

LOL you are incredibly stupid if you think the Vietnam war was the one that made the US go off the gold standard.

 

[TaiShang]

US stocks plunge in early trading after Chinese stock rout - The San Francisco Examiner

***

Comment:

Is this a good thing or a bad thing? My answer is: "it depends on who you are, and what your outlook and bearings are, and where you see your goals in financial planning are."

For the stock gamblers, short-term speculators, and those looking at "churning" and flipping stocks, these are bad times.

For the China-bashing, Chinese-demonizing US investors, i.e. those who look at China purely as a casino, and not interested in long-term China, but only in pure profits, short-term, and nothing else, this is the time to panic and flee.

But those of us who have followed China and love its governance and model of economic planning look at China's economic correction, as seen through the Shanghai and Shenzhen stock market rout, the shift from an export-based economy to a domestic-consumer-services based economy, with a re-direction into the new tech economy that is information-knowledge-based, in the e-commerce trajectory that is dramatically different from the mega-malls, bricks and mortar retailing that China's heady urban bling-bling economy... think that this is a correction and overhaul that is long overdue and must be made, with lots of pains and impact upon a privileged, albeit increasingly over-exuberant, and hyper-stimulated sector within China, who have lost all sense of proportionality nor grasp what China's "model of socialism with Chinese characteristics" is all about.

True, China's domestic economy, which has fueled the demand for global natural resources, and construction materials, such as cement, steel, fossil fuel, minerals, chemicals, particularly from those countries which have heavily depended on China as an export market for their resources, such as Australia, Brazil, the U.S., Canada, et al, are being impacted by China's economic correction, with a slowdown in imports of raw materials.

It is to be expected.

All in all, a 5% to 7% GDP growth is not bad for China, and this correction is a reflection of China's economic decision to shift away from an overheated, heady capitalist model of growth, and replacing it with a more balanced growth model that refocuses on social-economic priorities which take care of the vast masses of working Chinese who are not the urban elite, the compradores, and those weaned on export-driven manufacturing.

It is time to re-calibrate and look at a more rational China economic growth model that factors in a more equitable distribution of the wealth, more holistic health care, more sensible housing policies, rather than a hyper-speculative feverish frenzy, cleaner air, cleaner water, less traffic gridlock, a shift away from private automobile obsession, more environmental sustainable growth, better quality of life, a more socially responsible intelligentsia who are not consumed by "fa-jai" (wealth pursuit) as the end-all-and-be-all. And yes, better schools and education which is not consumed by "chu-guo liu xueh" and "western-moon worshipping" and US fellowships and scholarships to study abroad.

This alleged exodus of "panic" or "flight" money is to be expected. But China is not a sinking ship, the Titanic.

China is merely cleaning up and cleansing its big ship of rodents, vectors, rats, maggots, and the socially-reckless, ethically-irresponsible busisnessmen, their corrupt officials who back up their cronyistic business practices, and the foreign-western-US carpet baggers and hustlers.

For these folks, China is not a good place to be at this time.

Welcome to the new ride in China's new "Belt and Road" trajectory. It is not for those who are in it purely for a quick ride and fast profits.

China is not for everyone. Specially if you are a hustler, a stock casino gambler, and someone who is disinterested in "socialism with Chinese characteristics."

Edward Liu

@tranquilium , @Keel , @terranMarine , @AndrewJin , @opruh , @Shotgunner51

 

[Chinese-Dragon]

It is hard to say what US leadership was exactly thinking when it decided to improperly impose sanctions on Moscow, but Russia's consequent pivot to Asia and its blooming partnership with Beijing have had major negative implications for the US power globally.

Well it's true.

Similar to the Cold War, there are 3 main poles. USA, Russia, and China (and the allies of all three).

In a system with 3 poles, the idea is to get 2 of them together in order to gain the advantage.

USA missed a big chance, they could have courted Russia to be at least neutral to their cause.

But now, the Russians won't forget these sanctions for a 100 years. The USA has forever turned Russia into their enemy. An enemy with the largest nuclear arsenal on the planet.

 

[Pangu]

Well it's true.

Similar to the Cold War, there are 3 main poles. USA, Russia, and China (and the allies of all three).

In a system with 3 poles, the idea is to get 2 of them together in order to gain the advantage.

USA missed a big chance, they could have courted Russia to be at least neutral to their cause.

But now, the Russians won't forget these sanctions for a 100 years. The USA has forever turned Russia into their enemy. An enemy with the largest nuclear arsenal on the planet.

Well, if only they've read Romance of the Three Kingdoms, lol.

 

[TaiShang]

Well it's true.

Similar to the Cold War, there are 3 main poles. USA, Russia, and China (and the allies of all three).

In a system with 3 poles, the idea is to get 2 of them together in order to gain the advantage.

USA missed a big chance, they could have courted Russia to be at least neutral to their cause.

But now, the Russians won't forget these sanctions for a 100 years. The USA has forever turned Russia into their enemy. An enemy with the largest nuclear arsenal on the planet.

We should forever be indebted to Mrs. Clinton for ruining "the reset." That was probably the closest moment when the US would have a chance to take down China.

Probably we will be thankful to Mr. Kerry for supporting radical terrorism in Syria, because that is, although a nightmare for the region, realistically, not so bad for China because it has the potential to keep the US busy for years to come.

 

[xesy]

Seriously, who gonna believe it. If the drill is not to flex muscles against US and the West, then who China and Russia show off to? Alien?

 

[TaiShang]

Seriously, who gonna believe it. If the drill is not to flex muscles against US and the West, then who China and Russia show off to? Alien?

This is to increase compatibility between the two navies. Besides, we are as concerned about the regional peace as the US.