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Post-COVID, Is China Only Country with Enough Reserves to Lend ?
- May 7, 2020
- Posted by: Mr Manoj Mohanka
- Categories: ASEAN & ARF, China, Current Affairs, Foreign Affairs, Rest of the World, SAARC, USA, West Asia
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On 3 April 1948, three years after the WWII ended, President Truman signed the Economic Recovery Act of 1948. It came to be known as the Marshall Plan, named after Secretary of State George Marshall, who, in 1947, proposed that the United States provide economic assistance to restore the economic infrastructure of post-war Europe.
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The Infected Project of the Century
- July 4, 2019
- Posted by: Lt Gen PR Shankar (Retd)
- Categories: ASEAN & ARF, Europe, General Topics, Rest of the World, USA, West Asia
The BRI envisaged infrastructure and construction projects at a mega scale — Railways, Highways, Ports, Energy Projects, and Industrial Estate Developments across 70 odd countries. The crown jewel being the CPEC. The Chinese ambitions are to displace the US from the top. Engage countries in bilateral economic partnerships. Deploy excess Chinese capital and capacity overseas to boost the economy. Chinese merchandise was to flow in outbound streams. Inbound traffic ensures food, energy, and resource securities for China. BRI consolidates Xi Jinping’s role in perpetuity in creating a Sinocentric world.
