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President Xi Stresses the Belt and Road Initiative as a New Form of Global Governance

Aug. 27, 2018 -Speaking at a symposium on the Belt and Road Initiative as we approach next month, the fifth anniversary of its inception, President Xi Jinping underlined its importance as the basis of a new type of global governance.

“In the past five years, the ‘One Belt and One Road’ has greatly improved the level of China’s trade and investment liberalization and facilitation, and promoted China’s open space from the coast, along the river to the inland, along the border, forming a new open pattern of land and sea linkage, east and west mutual aid,” Xi said. “The trade volume of goods with the countries related to the Belt and Road has accumulated more than $5 trillion, and the direct foreign investment has exceeded $60 billion, creating more than 200,000 jobs for the local economies. China’s foreign investment has become an important factor driving the growth of global foreign direct investment.”

Xi pointed out that the world today is undergoing a period of great development, great change, and adjustment.

“We must have a strategic vision and establish a global outlook. We must have both a sense of risk and a sense of history, and we must have a sense of historical opportunity to work hard in this century-old change. … Building a community of human destiny with the ‘One Belt and One Road’ as a platform for practice, is proposed from the perspective of China’s reform and opening up, and long-term development. It is also in line with the Chinese philosophy that the Chinese nation has always upheld, in line with the Chinese people’s concept of harmony under heaven and occupies the commanding heights of international morality. Building the Belt and Road is not only a means of economic cooperation, but also an important way to improve the global development model and global governance and promote the healthy development of economic globalization,” Xi said.

Xi explained how the BRI has won support throughout the world for the benefits it has brought, and that the key now was to proceed to expanding and deepening its influence. Xi said that
in the past few years, the “One Belt, One Road” project has produced the general layout of the project, and that a “‘large freehand brushwork’ has been sketched out.” Moving forward, he said, it is a matter of “filling in the ‘more delicate lines’ and achieving an exquisite ‘Chinese brushwork painting.'”

“We must work hard to open up the market, build more trade promotion platforms, guide powerful enterprises to carry out investment cooperation with the countries along the Belt and Road, develop new trades and new modes of cross-border e-commerce, and pay attention to trade balance. We must work hard on financial security, speed up the formation of financial support and build a `One Belt, One Road’ policy system, promote the internationalization of the RMB in an orderly manner, guide social funds to jointly invest in national infrastructure and resource development projects along the route, and provide foreign exchange funds for enterprises going global.

“It is necessary to promote the vigorous exchanges in the fields of education, science and technology, culture, sports, tourism, health, archaeology, etc., and carry out effective ‘people’s livelihood assistance’ around the ‘One Belt, One Road.’ It is necessary to standardize corporate investment and business operations, conduct legal and compliant operations, pay attention to protecting the environment, fulfilling social responsibilities, and become a model ambassador for the joint construction of the `Belt and Road’. It is necessary to attach great importance to the prevention of overseas risks, improve the security risk prevention system, and comprehensively improve overseas security and risk response capabilities.”

El Salvador Prepares To Get On Board the Belt and Road

Aug. 21 – El Salvador’s President Salvador Sanchez Ceren told a national TV audience last night that El Salvador had broken diplomatic relations with Taiwan and established relations with the people’s Republic of China, in order to fulfill the government’s promise to secure a dignified life for all citizens, and create a future for new generations. He reported that a delegation of three high-level officials, led by Foreign Minister Carlos Castaneda, were in Beijing, and had just signed a Joint Communiqué on the Establishment of Diplomatic Relations with China.

The President did not mention the Belt and Road Initiative in his speech, but Panama’s eager participation in the BRI, after its decision to break with Taiwan in June 2017, has sparked discussion throughout Central America on prospects for increased integration and actually crushing poverty, drugs and violence. In point of fact, El Salvador’s move in the direction of the BRI is the single most important action it could have taken to stop the scourge of drugs and Satanic gang violence which, along with Wall Street looting, has driven over 20% of 1st generation Salvadorans to emigrate desperately to the U.S.

El Salvador has been looking for some time for international assistance to relaunch its container port at La Union in the Gulf of Fonseca on the Pacific, and China has expressed interest in
the project. The initial concept for the La Union port was to turn the Gulf into a development hub with Nicaragua and Honduras, which also border the Gulf, and to connect it to the Caribbean through a railroad across Honduras. At the same time, the high-speed railroad in Panama which China has agreed to build has sparked active discussion in Costa Rica, El Salvador, and Honduras, minimally, of building a regional railroad, {EIR} has learned.

El Salvador’s decision increases the potential for other Central American countries–Honduras, Nicaragua, and Guatemala, in particular–to also leave the “Taiwan Gap” and enter the future. President Sanchez Ceren had met with the Presidents of Honduras and Guatemala earlier in the day, on the occasion of his nation joining the Customs Union which those two nations had created, bringing the 32 million people in those three countries — 73% of all of Central America’s population — closer together.

“I am speaking to you on this occasion to make public a decision which will have a profound impact on the present and future development of our country,” President Sanchez told the nation. When he was inaugurated, he explained, he promised to create the conditions needed to transform the nation towards securing a decent life for each one and their families, and after analyzing the domestic and foreign situation, we have made the decision to break relations with Taiwan and establish relations with the P.R.C., he explained.

This is a decision which will bring “great benefits to the country and offer extraordinary opportunities on the personal level to each of you. The People’s Republic of China is the second economy in the world, in continuous development, and whose development achievements in diverse fields has enabled it to position itself among the most successful countries,” he said, citing China’s promotion of “shared development … in countries such as ours through South-South cooperation.”

Sanchez reported that dialogue will immediately begin between the two countries to identify “potentials and concrete actions in the areas of trade, investment, infrastructure development, scientific, economic and technical cooperation, in health care, education, tourism, and support for micro and medium-sized companies,” as well as coordinating immediate humanitarian aid for Salvadoran farmers affected by drought.

FOCAC-Gipfel: Eine neue Phase der chinesisch-afrikanischen Beziehungen

  1. Erneuerung des Aufrufs für eine gemeinsame Zukunft von China und Afrika im Rahmen ihrer gemeinsamen Interessen.
  2. Einleitung einer neuen Phase der chinesisch-afrikanischen Entwicklung, verstärkte Beteiligung afrikanischer Länder in der Belt and Road Initiative und verbesserte Zusammenarbeit im Handel, der Infrastruktur und den zwischenmenschlichen Kontakten.
  3. Eröffnung von Wegen für eine höhere Ebene der Zusammenarbeit in den kommenden drei Jahren und Unterzeichnung mehrerer Kooperationsabkommen mit einigen Ländern mit Schwerpunkt auf für Afrika kritische Bereiche.
  4. Fortführung der historischen chinesisch-afrikanischen Zusammenarbeit mit neuen menschenbezogenen Maßnahmen.

Wang Yi betonte außerdem, daß man ein großes Schwergewicht auf junge Menschen lege, um die Beziehungen weiter voranschreiten zu lassen.

Am Vormittag des ersten Gipfeltages wird ein Eröffnungsdialog zwischen den Teilnehmern, konzentriert auf praktische Fragen der Zusammenarbeit, der Erhöhung der Synergie und Verbesserung der Handelsbeziehungen stattfinden. Präsident Xi und mehrere afrikanische Staatsführer sowie Wirtschaftsführer und andere Delegierte werden sich an der Debatte beteiligen. Am Nachmittag gibt es die Eröffnungszeremonie, auf der Präsident Xi eine Grundsatzrede halten wird, gefolgt von einer formellen Diskussion fokussiert auf industrielle Zusammenarbeit, Entwicklung des Handels, Fragen des Gesundheitswesens, Friedens- und Sicherheitsfragen. Die Diskussion soll auf die Bedürfnisse der afrikanischen Länder zugeschnitten sein. Präsident Xi und der südafrikanische Präsident Cyril Ramaphosa werden die Sitzung gemeinsam leiten.

Am 4. September findet eine Roundtable-Diskussion statt; die Morgensitzung wird von Präsident Ramaphosa und die Nachmittagssitzung von Präsident Xi geleitet. Zur Diskussion steht der Dreijahresplan bis zum Jahr 2021. Am Rande des Gipfels wird sich Präsident Xi mit afrikanischen Staatschefs treffen. Xis Ehefrau Peng Liyuan wird außerdem ein Forum über AIDS leiten.

Webcast: Time Has Come For a New Bretton Woods, Based on LaRouche’s Four Laws

Does anyone really believe that more Quantitative Easing (QE) will solve the accelerating world financial crisis?  That creating more unpayable debt, through Central Banks increasing the volumes of QE funny money surging through system, will rebuild a single bridge, a kilometer of rail, or produce one productive job paying a livable wage?  Or that more free trade, privatization and deregulation are the keys to economic prosperity?  These are the “solutions” being pushed by the imperial elites of London and Wall Street who are still dictating policy in the Trans-Atlantic region.
But the axioms behind these failed policies produce paper profits only for the few, at the expense of growing numbers of lives, lost through the combined effects of deindustrialization and cultural degeneration, which have destroyed the optimism which should characterize the outlook of youth, who are turning instead to deadly opiods and suicide.   Voters throughout the Trans-Atlantic world have shown in the that they no longer trust or believe the pronouncements of the financial oligarchs, who cling to these failed axioms to keep their decaying system alive.
And many governments in the emerging sector have shown the same mistrust, as they are increasingly turning to China, and its now-global Belt-and-Road Initiative, rejecting the neo-liberal axioms to overcome the disasters imposed on them by those elites who have overseen the “post-colonial system” of looting and destruction.
The post-colonial system came into virtually unchallenged control nearly fifty years ago, with the decision on August 15, 1971, to break away from Franklin Roosevelt’s Bretton Woods fixed exchange rate financial system.  At that time, and since, Lyndon LaRouche and his wife Helga have been the leaders of the fight for a New Bretton Woods, based on bringing together the leading powers of the U.S., Russia, China and India to implement it.  With the election of Donald Trump, who shares LaRouche’s opposition to the establishment running this order, it became possible for the U.S. to fulfill the mission LaRouche had outlined since that fateful August day in 1971.
John Brennan, a hitman working for this London-based system, who intends to stop Trump, is now on the hot seat, facing the possibility of prosecution, along with many of his collaborators, for their crimes, including concocting the fraudulent case of Russiagate.
This Thursday, Helga Zepp LaRouche will advise you on what you can do to bring the New Bretton Woods fully into being, and put Brennan and his pals where they belong, in prison.  Don’t miss this opportunity!

Uruguay Formally Joins the Belt and Road

Aug. 20, 2018  — Meeting in Beijing yesterday with China’s Foreign Minister and State Councillor Wang Yi, Uruguayan Foreign Minister Rodolfo Nin Novoa signed a Memorandum of Understanding (MOU) by which his government formally joined the Belt and Road Initiative. China is Uruguay’s most important trading partner, purchasing 27% of that country’s exports. In addition to Wang Yi, Nin also met with the head of the National Reform and Development Commission, He Lifeng, among other dignitaries.

The meeting with Wang Yi also served to commemorate the 30th anniversary of diplomatic relations between the two nations, as well as to officially launch “Uruguay Week in China.” During his Aug. 19-28 stay, Nin will lead a large delegation of businessmen to the cities of Chongqing and Guangzhou, and will return in November to head up the Uruguayan delegation to the Shanghai International Import Fair.

Uruguay and China have enjoyed a comprehensive strategic association for the past few years, but Uruguay wants to deepen that relationship, increasing cooperation in several other areas in addition to trade, while offering attractive conditions for Chinese investors, particularly in the area of infrastructure. He identified as key investment projects Uruguay’s Central Railroad, a new fishing port, and rural electrification in the country’s north.

“We believe that all the conditions Uruguay offers make China’s presence, permanence, and closer ties with our country very attractive,” Nin told EFE news service. “In Uruguay, there is an absolutely consensual policy on the role that China plays and the relationship we should have with it.”  According to Xinhua, he also stressed that Uruguay is the first member of the four-nation Common Market of the South (Mercosur) to join the Belt and Road Initiative, but expressed the hope that his country can serve as an “entry point” for China into the region, and help promote closer ties between China and Mercosur, and with other Ibero-American countries as well.

China Brings UHV Technology to Brazil’s Electrical Grid

Aug. 21 –The ultra-high voltage (UHV) cable lines China’s State Grid company and local Brazilian companies such as Tractebel are now putting up to transmit electricity from the huge Belo Monte dam on the Brazilian-Bolivian border in the Amazon region down to power-short southeastern city of Rio de Janeiro, is a great step forward for the Belt and Road Initative in Ibero-America, the Portuguese-language edition of {People’s Daily} reported yesterday.

The transmission lines, which will provide power to Rio de Janeiro and vicinity, are the second phase of the Belo Monte project which radical environmentalists did everything in their power to stop.China’s Ambassador to Brazil Li Jinzhang told {People’s Daily} that China’s UHV technology is “a calling card of `Made in China’…. This is the first time that China applies UHV technology abroad. Its construction inaugurates a new historic stage, which marks the recognition by other countries of UHV technology and other technologies created in China. Through the Belo Monte  project, Brazil’s government, businesses and local population expressed the will and interest in deepening mutually beneficial cooperation which is advantageous to all.”

Former U.S. Secretary of Energy Stephen Chu has called China’s development of UHV technology a “Sputnik moment” for the U.S., the {Financial Times} reported on June 6, 2018. “China has the best transmission lines in terms of the highest voltage and lowest loss. They can transmit electricity over 2,000km and lose only 7% of the energy. If we transmitted over 200km we would lose more than that,” Chu stated.

Italian Government Launches “Task Force China”

Aug. 21  — In a press release last week, the Italian Ministry for Economic Development (Industry, Trade, Fishery etc.), has announced the creation of a “Task Force China” under the direction of Undersecretary of State Michele Geraci.   The release, which has been posted also in English, says among other things:

“Among the Task Force’s main objectives are that of strengthening the relationship between China and Italy (in the fields of trade, finance, investment, R&D and co-operation in third countries), and that of guaranteeing Italy a position of leadership in Europe vis-à-vis China’s Belt and Road and Made in China 2025 initiatives.”

In a long Appendix, the Ministry states:

“Helping Italian companies to participate to Chinese investment programs, financed by the Belt and Road Initiative both in China and along the entire route of the New Silk Road, at the same time stimulating investments and transfer of Chinese know-how to develop infrastructure, energy and transport networks in Italy. With 25,000 km of high-speed trains already built and 21,000 km more planned, to just mention one of the many possible examples, China is currently the country that more than anyone else in the world has the best knowledge in the sector of infrastructural development.”
Another  point in the Appendix says:

“China can help Italy to solve the immigration problem by helping Africa: China is the country that has invested the most in Africa (already $340 billion, many more than the just $70 billions normally estimated by analysts), with effects that are already visible in terms of impact on poverty rates and which in the long term should gradually help diminishing migration flows towards Europe. China’s involvement in Africa offers Italy a historic opportunity of international cooperation for the socio-economic of stabilization of the continent, crucial not only for a sustainable and solidarity solution of the immigration problem, but also for the economic opportunities that will arise in the continent for Italian firms.”

Webcast: As Financial System Teeters, a New Bretton Woods is the Solution

Sign our petition for a New Bretton Woods!
Only a fool could ignore the signs of an impending crash of the financial system. The whole international order is disintegrating, driven by the efforts of City of London/Wall Street financial oligarchs to grab more loot to prop up their speculative, casino economy, and its volume of unsustainable debts of all sorts.

Decades ago, Lyndon LaRouche forecast that this was inevitable, as those running the financial empire adopted increasingly insane strategies to protect worthless debt. As the Cold War division of the world ended, the neocons and neo-libs believed that they could keep the racket going, by employing U.S. military power to impose a unilateral order, based on the same geopolitical assumptions that led to two devastating world wars during the 20th century. In response, the populations of the Trans-Atlantic region rebelled, with Brexit, the Trump election and numerous other examples demonstrating the emergence of a full-scale insurgency against “mainstream” institutions, including political parties and the media.

At the same time, LaRouche’s call for an agreement among major powers is becoming a reality. LaRouche proposed an alliance between the U.S., Russia, China and India to form the core of establishing a New Bretton Woods. The advances made in the last years, centered around China’s Belt-and-Road Initiative, and the election of Donald Trump in the U.S., represent the only way out, for if the unilateralist geopoliticians maintain control, the world is heading for financial chaos and war.

This battle for the future has been the ongoing focus of Helga Zepp-LaRouche’s weekly webcasts. Join us this Friday for the latest update.

Caspian Sea Agreement Enhances Belt and Road Initiative

Aug. 13, 2018 –The Caspian Sea agreement signed this weekend by Presidents of the five countries on its border – Russia, Kazakhstan, Iran, Azerbaijan, and Turkmenistan – will enhance the region’s role in the Belt and Road Initiative. Along with the convention which also bans military presence of any outside power, effectively ruling out leasing a military base to a foreign power, several other documents include protocols on cooperation in the fight against terrorism and organized crime, and an agreement to avoid incidents in the Caspian Sea. The five presidents also signed agreements on trade and economic cooperation, and an agreement on cooperation in transportation.

Underscoring the need to develop transportation, Russian President Vladimir Putin said in his address, “Transport interconnection is one of the key factors for securing sustainable growth and strengthening our countries’ cooperation,” explaining that Russia is implementing a strategy for the development of seaports in the Caspian Basin till 2030, including the building of a deep-water port near Kaspiysk by 2025. The port will be capable of handling heavy-duty vessels with a payload of 15,000-25,000 tons.

Kaspiysk is the port directly across the sea from Kuryk port in Kazakhstan. Its development as a deep-sea port implies the development of an east-west corridor in the contexts of the Belt and Road Initiative. Furthermore, developing a port for ships of 15,000 to 25,000 tons is also significant because the largest ships are no more than 10,000 tons and conform to the river-sea class capable of entering the Volga River and the broader Russian river and canal network.

Uruguay to Announce Formal Entry into Belt and Road Initiative

Aug. 3, 2018-The office of Uruguayan president Tabare Vasquez has announced on its website that it will formally join the Belt and Road Initiative (BRI), to be announced officially during the Aug. 20-27 “Uruguay Week in China” to be celebrated in the Chinese cities of Beijing, Guangzhou and Conqing.

Although the Uruguayans claim they are the “first” Ibero-American nation to officially join the BRI, both Panama and the Dominican Republic, which established diplomatic relations
with China during the past year, also claim to be the “first” in joining the BRI. Undoubtedly there will be many more “firsts”!

Uruguay’s Foreign Ministry and the Uruguay XXI trade promotion office are organizing the “Uruguay Week in China” event, and foreign minister Nin Novoa will lead the delegation
participating in it. Uruguay XXI’s director, Antonio Carambula, stressed that during the Aug. 20-27 events, “we will be presenting Uruguay as a nation of great investment opportunities
…. but also thinking of the possibilities of expanding to the rest of the region,” according to the montevideo.comwebsite.

Following the August events, Uruguay will send another large delegation to Shanghai, to attend the Nov. 5-10 China International Import Expo, hosted by the Chinese Commerce Ministry and the Shanghai municipal government. This is a huge affair, at which representatives of at least 100 countries are expected to attend. Several Ibero-American governments and companies have already committed to attending, and the Chinese continue to organize for this aggressively around the world.

(Chinese imports are in fact growing significantly faster than its exports now; a 21% annual pace in the first half of 2018, as opposed to 10% annual rate of growth in exports.) Also taking place in November in the city of Zhuhai is the China-Latin America-Caribbean Business Forum, which Uruguay hosted last year, and is another very large event including Chinese and Ibero-American businessmen and government officials. Later in November, Carambula announced, the “icing on the cake” will be Chinese president Xi Jinping’s state visit to Uruguay following the G20 meeting.

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