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Board Politics & Society
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China wants 'new Silk Road' One Belt One Road project to help it dominate world
by
freedomno1
on 14/05/2017, 05:11:42 UTC
President Xi Jinping will host 28 world leaders and representatives from another 70 countries to sell his hugely ambitious signature project.

The plan is to build a vast network of new trade routes across the globe, multiple high-speed rail networks to penetrate Europe, massive ports across Asia and Africa and a series of free-trade zones.

China is going to spend up to a trillion dollars on infrastructure projects and hopes to bind more than 65 countries and two thirds of the world's population to its economy.

Economists have likened the project to a modern day Marshall Plan — which helped secure the US as the world's superpower after World War II — but it's much bigger.

China's aim is to lift trade by $2.5 trillion in a decade by flooding world markets with cheap, high-quality Chinese goods.

Opinions on a China led world order / Marshall Plan versus an American one.

http://www.abc.net.au/news/2017-05-14/china-plans-new-silk-road-to-dominate-world-trade/8522682