Russia had long blocked China’s attempts to create an infrastructure development bank under the auspices of the Shanghai Cooperation Organization, a regional body, fearing it would become a tool for Chinese economic expansion. Beijing responded by sidestepping Moscow, establishing an Asian Infrastructure Investment Bank in June with a $100 billion capital base.
… After the breakdown of relations with the West over Ukraine in 2014, and the imposition of sanctions, the dogmatic view that Russia had to be the top economic dog in Central Asia was questioned and then finally, grudgingly abandoned.
… “Beijing’s strategists studiously avoid any talk of playing a ‘New Great Game’ in the heart of Asia — but they look set to win it nonetheless,” Miller said.
… Bound together by 2,000 years of exchanges dating to the Western Han Dynasty and sharing a 1,100-mile border, the two nations, Xi said, now have a “golden opportunity” to develop their economies and deepen their friendship. ___ https://www.washingtonpost.com/world/asia_pacific/chinas-advance-into-central-asia-ruffles-russian-feathers/2015/12/27/cfedeb22-61ff-11e5-8475-781cc9851652_story.html
Compared to a Russia-in=decline, China is a veritable economic powerhouse. Nations that were formerly economic satellites of Russia, must now look elsewhere for trade, technology, and credit.
Storm clouds may be gathering on China’s economic time-horizon, but for now the Middle Kingdom is coasting on recent decades of rapid economic growth. If only all of the bad economic decisions of the past could be swept under the rug permanently.
The Party is systematically ridding itself of the responsibilities of poor past economic decisions, massive overleveraging, and toxic loans.
Who will be left holding the bag? Retail investors, foreign investors, and unsuspecting Chinese citizens and retirees.
__ Fan Yu
Eventually a significant backlash will occur. But in China — as in Russia — leaders are hoping to postpone the Day of Judgement for as long as possible.
When push comes to shove, the contest for Asia will be between a much-diminished Russia, and a China that hopes it will be ready when the time comes. India would do well to stay out of the fray.
China must insinuate itself so deeply within the Russian weapons infrastructure that it can mitigate — if not control altogether — Russia’s nuclear weapons fleet. China’s military hackers are working as hard at penetrating Russian systems as they are against any other potential foe. A decapitation strike against Moscow would leave Russia’s bare, rich underbelly vulnerable to the bulk of the CPC’s massive army, as long as the nuclear response were kept to a minimum.
Putin must sell Russia’s most advanced weapons systems to China against all his “better judgment” for financial and political reasons. China has no need to make any concessions at all, in the current global economic climate.
(Mostly) Uncensored news concerning a once-great barbarian empire. Read between the lines and understand more about what is coming than the “experts.”
Quotations of Chairman Vlad … A personality cult by any other name, an impoverished feudal tsardom requires a mythical, larger-than-life leader.
In this coming anarchy, even small, sheltered Switzerland faces a crisis from the uncontained swarm.
When the advanced world of the west needs to be preparing for the coming anarchic dysgenic Idiocracy, it is wasting massive resources on a baseless mass delusion of pseudo-science.
The Chinese economy has never made sense, but confidence, both inside and outside the country, held it together. Now, the confidence is disappearing fast, and Beijing does not know how to get it back, except by repackaging solutions that have not worked. China’s technocratic leaders cannot change the downward direction of their economy. The most they can do now is slow the rate of descent with policies that will likely make the ultimate reckoning even worse. __ 2016 a Year of Reckoning?
Both China and Russia want to control all of Asia, and are currently contesting for Central Asia. Each empire wishes to dominate, but that is only possible for one — at the most.
Putin is just good enough to get Russia killed. Under Putin:
Russia has found itself encircled with enemies, and uncertain friends. In the west, Ukraine – dismembered and bankrupt — is now, more than ever determined to carve out a future as a European state. Beyond Ukraine, Poland’s most powerful politician, the leader of the ruling Law and Justice Party Jaroslav Kaczynski — who picked and promoted both the president, Andrzej Duda and the Prime Minister, Beata Szydlo —insists that the truth has not been told about the death of predecessor Lech Kaczynski. Kaczynski was killed when his Polish Air Force jet crashed in Russia on the way to Smolensk on April 10, 2010, and many in Poland blame a Russian conspiracy.
In the north, the Baltic states have troops from other NATO members stationed along their boarders as a warning to their giant neighbor. In the south, Turkey, once a friend, is now a despised lackey of the United States after its shooting down of a Russian fighter. In his end-of-year press conference, Putin said the country was “licking the U.S. in a certain place.” To the east, China is – according to Fu Ying, the head of the Foreign Affairs Committee of the Peoples’ Congress, “not an ally,” and it will not “form an anti-American bloc” with Russia — though relations are business-like, with trade much increased.
Of the other post-Soviet states, Moldova and Georgia are seeking Western alliances; China is wooing the Central Asians with much success, and even loyal Belarus is hedging its bets.