Friday, February 10, 2017

Pepe Escobar — Decoding Trump’s pivot to China

Trump remains hostage to his own election rhetoric, legacy of past policies. Meantime, Beijing is delivering its strategic vision for a new Pax Sinica
When President Xi Jinping visited the United Nations in Geneva last month, before his landmark pro-globalization speech in Davos, he said China’s proposition to the world was to “build a community of shared future for mankind and achieve shared and win-win development.”
Then came the astonishing numbers. “In the coming five years, China will import US$8 trillion of goods, attract US$600 billion of foreign investment, make US$750 billion of outbound investment, and Chinese tourists will make 700 million outbound visits.”
For most of the “community of shared future,” it didn’t take long for the implications to sink in....
Asia Times
Decoding Trump’s pivot to China
Pepe Escobar

Referred to in the article:

Weekend reading.

Monthly Review (US Marxist publication)
One Belt, One Road — China's Strategy for a New Global Financial Order
Erebus Wong, Lau Kin Chi, Sit Tsui and Wen Tiejun

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