Support the US war-waging foreign policy or China’s global economic co-operation initiatives?

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Support the US war-waging foreign policy or China’s global economic co-operation initiatives?

KUALA LUMPUR (February 2018): The US has become a desperado of sorts in its foreign policy against China and Russia.

It is using its pro-American media to senselessly bash and demonise China and Russia - two countries that are fast gaining both global economic and defence influence.

The war-waging US has become such a kiasu (fear of losing) that it now makes allegations that are clearly senseless, illogical and unsubstantiated.

U.S. Secretary of State Rex Tillerson reportedly warned countries in the region (Latin America) against excessive reliance on economic ties with China.

Do you prefer to support the US war-waging foreign policy or China’s global economic cooperation initiatives? Conclude with your own logic.

Given the US history of waging war and occupation of sovereign countries post World War ll, more and more nations are beginning to trade with China and Russia.

China’s multi-trillion-dollar Belt Road Initiative (BRI) to invest into the construction of roads, rails, ports and airports to link Asia, Europe, Africa and even the Scandinavian countries has made the US jealous.

Already, at least 68 countries have already inked agreements with China to develop BRI, formerly known as the One Belt One Road (OBOR) Initiative which is dubbed as the revival of the ancient Silk Route.

And, China and Russia had started the “ball rolling” by striking deals with countries to use their own currencies in trans border trade. These mean dumping the Greenback in international trade!

These economic developments have infuriated the US which is unable to match China’s investments into BRI because the Americans need to contain their national debt of between US$22 trillion and US$222 trillion!

I Love Malaysia-China Silk Road reproduces below two stories that show how ridiculous the US has become in trying to discourage international trade with China:

"China accuses U.S. of disrespect after Latin America comments
WORLD
Saturday, 3 Feb 2018
9:04 AM MYT




BEIJING (Reuters) - China accused the United States of disrespecting Latin America after U.S. Secretary of State Rex Tillerson warned countries in the region against excessive reliance on economic ties with China.

Tillerson, in a speech ahead of a visit to Mexico, Argentina, Peru, Colombia and Jamaica, said China was getting a foothold in Latin America, using economic statecraft to pull the region into its orbit.

In a statement released late on Friday responding to Tillerson, China's Foreign Ministry said cooperation between China and Latin America is based on common interests and mutual needs.

"What the United States said is entirely against the truth and displayed disrespect to the vast number of Latin American countries," the ministry said.

"China is a major international buyer of Latin American bulk commodities, and imports more and more agricultural and high value-added products from the region," the ministry said.

China's investment in and financial cooperation with Latin American countries are in full accordance with commercial rules and local laws and regulations, it added.

"The development of China-Latin America ties does not target or reject any third party, nor does it affect the interests of third parties in Latin America," the ministry said.

"We hope that relevant countries abandon outdated concepts of zero-sum games and look at the development of China-Latin America relations in an open and inclusive manner."

Chinese Foreign Minister Wang Yi visited Chile last month for a summit with Latin American and Caribbean countries, where he invited them to join China's massive Belt and Road infrastructure programme.

Separately, the U.S. Treasury's top economic diplomat, David Malpass, on Friday accused China of enabling poor governance in Venezuela by propping up the socialist government of President Nicolas Maduro through murky oil-for-loan investments.

(Reporting by Ben Blanchard; Editing by Leslie Adler)


Opinion: Blaming Beijing not to help Washington's image in LatAm


Chilean police officers take part in a handover ceremony of bicycles donated by China in Santiago, capital of Chile on Aug. 8, 2017. (Xinhua/Jorge Villegas)
by Xinhua writer Zhu Dongyang

WASHINGTON, Feb. 1 (Xinhua) -- In recent days, the Trump administration seems to have stepped up its firepower against China in its foreign policy narration.

Ahead of his visit to five Latin American nations, U.S. Secretary of State Rex Tillerson on Thursday let off steam against Beijing, accusing it of "using economic statecraft to pull the region into its orbit."

Defaming China can not help change the bad image of the United States in Latin America or stop countries in the region from seeking cooperation elsewhere to spur economic growth.

Over the past year, the Trump administration has sparked region-wide outrage by tightening rules on immigration, building a wall to discourage population inflows, seeking to tilt the trade deals to its favor.

It seems that Washington lacks the basic interest to boost development there other than taking it as its backyard and a hotbed of drug dealers and illegal immigrants.

China's cooperation with the countries in the area are built on mutual benefit and mutual respect. The success of the just-concluded second ministerial meeting of China and the Community of Latin American and Caribbean States Forum is a good example.”


Photo taken on April 11, 2017 shows a technician from China's CRRC Sifang Locomotive and Rolling Stock Co., Ltd. walking on a platform where trains are parked for review at the workshops of the Roca Line, in Llavallol, Argentina.
Argentina has embarked on an ambitious plan to upgrade its dilapidated rail transport, taking China as a key partner providing both technology and manpower. (Xinhua/Martin Zabala)

The meeting, held in the Chilean capital of Santiago, approved three key documents -- the Santiago Declaration, a joint action plan, and a special declaration on the Belt and Road Initiative. They have been warmly welcomed by Latin American and Caribbean countries.

For local countries, the China-proposed initiative can help them better promote connectivity and infrastructure, and lay down a solid foundation to boost future development.


A worker picks out nectarines in a factory of Agricola Garces in Mostazal, Chile on Jan. 19, 2018.
Chilean cherries have been viewed by Chinese customers as a "trademark" from the Latin American country. Now, the Chilean fruit suppliers are working to entice Chinese customers with new flavors. (Xinhua/Xu Rui)

The Trump administration needs to understand that scapegoating China for its fading charisma in the region, a cheap political stunt, would help little to restore Washington's influence in Latin America.

Rather, it insults the autonomy of Latin American countries in deciding their own development paths, and dampens the prospect of China-U.S. cooperation to boost the regional economy together.

For the moment, instead of wasting time on blaming China, it might be a good idea for Washington to dial down its hostile rhetoric, review its foreign policy, and drop its backyard thinking."

Challenges of Polar Silk Road
PUBLISHED
FEB 1, 2018, 5:00 AM SGT
When China released its first Arctic policy White Paper last week, what caught the media's attention was the link to its ambitious Belt and Road Initiative (BRI) through a Polar Silk Road. Some called it an extension of the BRI, a plan to build roads, railways, ports and industrial parks linking China to Europe and Africa via land and sea routes that involve more than 60 countries. Another paper published last June by the Chinese government, the Vision For Maritime Cooperation Under The Belt And Road Initiative, had incorporated the development of an Arctic shipping route into the BRI. China's Arctic policy comes at a time when global warming and ice melt in the polar region make it possible to exploit its resources and sail through its seas during the summer months … for more, go to http://www.straitstimes.com/asia/east-asia/challenges-of-polar-silk-road
China invites Latin America to take part in One Belt, One Road
Reuters|
Jan 22, 2018, 11.26 PM IST
China invited Latin American and Caribbean countries to join its "One Belt, One Road" initiative on Monday, according to a draft statement seen by Reuters, as Beijing continues to diverge from the United States' increasingly protectionist tack. Chinese Foreign Minister Wang Yi said the region was a natural fit for the initiative, which China has leveraged to deepen economic and financial cooperation with developing nations worldwide. "China will always stay committed to the path of peaceful development and the win-win strategy of opening up, and stands ready to share development dividends with all countries," Wang said in opening remarks on Monday at a meeting between China and 33 members of the Community of Latin American and Caribbean States (CELAC) … for more, go to https://economictimes.indiatimes.com/news/defence/china-invites-latin-america-to-take-part-in-one-belt-one-road/articleshow/62609875.cms

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