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+--- Thread: Not Yellow Brick but 2 Silk Roads... (/thread-18731.html)
Not Yellow Brick but 2 Silk Roads... - mapoui - 06-27-2014
http://rt.com/op-edge/168588-chinese-silk-road-projects/
Quote:RT: A number of countries, including several wealthy states in the Middle East have already showed interest in the project. Do you think the project will make Europe and Washington nervous?
AL: I do not think that it will make Western Europe that nervous. China actually has had many conversations with European nations about various trade issues, and I’m sure this has come up with them; they are actually quite open to it. I would say the biggest country that has been resisting this is the US. China had actually tried to appeal for a larger share in IMF voting rights and would like to have a seat on the executive board, and the European nations have basically agreed to China’s request. The only one that objected was the US. So I do not think that China is going to come up against a lot of friction with the European nations, especially if they intend to have the Silk Road end there. Obviously they already had these discussions and I am sure the European nations agreed, otherwise China would not have announced them.
Re: Not Yellow Brick but 2 Silk Roads... - Allison - 06-28-2014
If China was creating more than one Silk Road would net Chine a huge win fall of money. They would have to build that road all the way to the Pacific coastline. That way most if not all of the Chinese cities would have access to that road. All of Europe and the Middle East would be connected to that road as well.
Instead of Europe investing in China it may prove to be the other way around. China would begin heavy investment in Europe. Eastern Europe and the Middle East have cheaper labor than China.