The Chinese belt and road strategy

Lend money to cash strapped nations, leverage the debt to get access to resources and build infrastructure to benefit Chinese countries and then international influence by having the captive nations vote in international forums for the benefit of the Chinese Communist Party

Check out how it is working in Victoriastan.

This entry was posted in International, Rafe. Bookmark the permalink.

38 Responses to The Chinese belt and road strategy

  1. Tim Neilson

    They are road testing how it works in hopeless basket cases like CFMEUistan, then they’ll move to slightly better governed places like Zimbabwe and Venezuela.

  2. John Constantine

    Our Unswerving Compliance to the Party Is Our Strength.

  3. Roger

    Should “Chinese countries” be “Chinese enterprises”?

    Meanwhile, Xi promises that China doesn’t seek hegemony (if you believe that I’ve got a harbour-side opera house to sell you) and perfidious Australian ex-politicians from both sides enrich themselves by currying favour with the Chicoms.

    When the war is over there’ll be an accounting.

  4. John Constantine

    If the chicom secret police don’t pay you directly, but arrange for somebody else to pay you, after you leave parliament.

    You can proudly declare you have done nothing wrong.

    Australia sold for beads mirrors and trinkets.

  5. max

    Orlov’s Obituary of the West Is Premature
    Gary North – July 29, 2015

    China is a Keynesian laboratory. It has more central bank inflation than we do. It has more government intervention than we do. The apparatchiks who run it are stupider economically than ours are. They steal from their people on a massive scale. It is a rigged mercantilist economy. It is better than communism, but it is certainly worse than anything in the United States.

    This is also true of Russia. This is also true of Latin America, with the possible exception of Chile.

    https://www.garynorth.com/public/14096.cfm

    Why China’s Communist Oligarchy Is Doomed
    Gary North – March 12, 2018

    China’s economy is now Keynesian, not Communist. But the government remains officially Communist. Oligarchs hold onto power and privilege in terms of Communist ideology.

    China is an oligarchic regime. It has an official ideology, but this ideology is not enforced where Karl Marx said it had to be enforced, namely, in the mode of production. The mode of production in China is state capital, and it is funded by the Chinese central bank. The Chinese central bankers are Keynesians by default. All central bankers are Keynesians by default. The irony here is that Keynes really didn’t pay that much attention to the central bank. He believed in salvation through government deficits, not salvation through monetary inflation. But this changed after his death in 1946.

    https://www.garynorth.com/public/17830.cfm

  6. John Constantine

    No coal, no gas, just chicom peoples liberation army slave labour solar panels as far as the eye can see.

    All bought from the Tyrant because their yarragrad Nazgul kleptocracy have regulated and mandated their proles buy what the Tyrant is selling.

    Who is going to get the good jobs after politics?.

  7. stackja

    In an attempt to secure relief from the economic hardships imposed by U.S. silver policies, China sought modifications in the U.S. Treasury’s silver-purchase program. But, its pleas fell on deaf ears. After many evasive replies, the Roosevelt Administration finally indicated on October 12th, 1934 that it was merely carrying out a policy mandated by the U.S. Congress. Realizing that all hope was lost, China was forced to effectively abandon the silver standard on October 14th, 1934, though an official statement was postponed until November 3rd, 1935. This spelled the beginning of the end for Chiang Kai-shek’s Nationalist government. FDR’s “plan” worked like a charm — Chinese monetary chaos ensued. This gave the communists an opening that they exploited — one that contributed mightily to their overthrow of the Nationalists.

    FDR should not be remembered as a monetary messiah, but rather as a monetary madman. Abandoning the gold standard resulted in, among other things, America’s only federal government debt default. And, the manipulation of the price of silver forced China, which was on the silver standard, into a depression, opening the door for the communists.

    Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

  8. Tim Neilson

    No coal, no gas, just chicom peoples liberation army slave labour solar panels as far as the eye can see.

    Plenty of coal and gas to export to China, though, John.

  9. Lysander

    Saw this personally in Sri Lanka where they’re building a port bigger than Singapore. The loan came from China. Turns out, Sri Lanka couldn’t service the debt so the Chinese Government were “nice” enough to forgive the debt in exchange for the land/port. Nice place for China to have a port next to India.

  10. John Constantine

    Their shorten looting cartel to double australias foreign aid budget.

    To be given out as instructed by the Tyrant for life of all the chicoms, to countries struggling with one belt one road one way loans, so australian aid money can make the interest payments due to the Tyrant.

    Who doubts this will happen?.

    Comrades.

  11. stackja

    Lysander
    #2888759, posted on December 19, 2018 at 10:46 am

    Chicoms doing what Japanese couldn’t do in 1940s. Like Kaiser Wilhelm’s ‘peaceful penetration’.

  12. stackja

    PM ‘out of touch’ on climate, says NSW energy minister
    The Daily Telegraph
    an hour ago
    Subscriber only

    The NSW energy minister has accused the federal government of being out of touch on energy and climate policy and says it’s time for a change of course.

    NSW Energy Minister Don Harwin has urged the government to end its “climate wars” and provide certainty on reducing emissions, ahead of a meeting with his colleagues from across Australia.

    NSW Glad Bag

  13. Dr Fred Lenin

    Im surprised the union mafia bruddas are allowing their puppet andrews to sell out to the Chinese Fascists there is no way in the world the bruddas would get away with their stand over tactics with a chinese owned crony capitalist , the unio leaders would be shot and half the members sent tp Oodnadatta for “Re Education for twenty or thirty years ,talk about fouling your own nest . I knew they were low intelligece tossers , but Self Harm is serious , no great loss to the community however.

  14. H B Bear

    Luckily Peanut Head and the Liars will be protecting Australia’s interests and sovereignty in 2019. Unlike the Lieboral branch of the UNiParty who leased the Darwin port to the Chinks for a century with the help of Andrew Robb on a nice little earner. That’s how you end up with a harbourside mansion on a parliamentary salary. It’s the Australia way.

  15. Speedbox

    Australia sold for beads mirrors and trinkets.

    Precisely. I am bewildered why people don’t recognise that China is not actually ‘on our side’? China’s global intentions are malevolent and we (our Governments and institutions) are stupidly walking right into their honey (cash) trap.

    It is beyond perplexing that people don’t immediately recognise the ultimate strategy of the Belt and Road program and the resultant creeping but increasing footholds. The goal is to penetrate, influence and ultimately, establish some control over those Governments with the resultant benefits in strategic security (particularly at the expense of the USA), beneficial trade (including access to fishing and mineral rights) and influence those beholden Governments to carry out the will of Beijing.

    We all know that China plays a ‘very long game’ and grudgingly, I think China has read the tea leaves correctly. That is, they forecast the global rise of ‘soft socialism’ in western countries and probably speculated that increased migration (whether by refugees of otherwise) and the increase in ‘permissive equality’ will dilute otherwise homogenized societies, particularly when the influx is from diverse cultures. In other words, western culture will be largely responsible for its own demise and there has never been a better time to create the foundations for a globally dominant China*.

    The militarization of the Spratly Islands in the South China Sea is not an unrelated event. Control of the islands and approaches effectively allows China to be the ‘gate-keeper’ to this vital trade artery that carries some $3.4 trillion (or 21%) of global maritime trade. What did people think China was doing? Building islands for fun – FMD. And when Xi said that China wouldn’t militarize the area it was practically written in neon signs that it was what they intended to do!

    Let’s be clear – China is not our friend but they have embedded themselves as a critical trading partner. For a nation like Australia, blessed with vast resources, but hobbled by a compliant populace, uncritical media and self-serving, shallow politicians, the future is not looking good. We are sooo reliant on Chinese money (whether to buy our exports or buy our houses and commercial property), that their influence in our Government(s) and institutions will only increase.

    *This means that China’s influence and control will eventually exceed that of the USA. The US will retain the mantle of largest national GDP and most advanced military for many years to come and US global influence will remain significant, particularly with GB, Japan, a few Europeans and notionally Australia. But the Chinese strategy will be to achieve no less than economic and military equality with the US whilst the Chinese will also exert increasing control of their ‘dominions’. The Chinese ability to squeeze out the USA and her allies will increase over time thereby achieving effective global dominance.

  16. Speedbox;
    We need to remember just where the three trillion dollars in foreign exchange reserves came from.
    Us.
    When they were admitted to the world trade organisation, they started breaking the rules before they even finished the signing
    Currency manipulation, dumping, substandard goods, intellectual and physical theft of our tradegoods, cyber warfare against companies and government institutions, espionage, etc etc.
    To put it bluntly, the Chinese have been at war with us for decades and our politicians have been complicit in the looting of our treasuries and our societal capital.

  17. Ƶĩppʯ (ȊꞪꞨV)

    More like noose and hangman strategy. China is spreading its communist influence over the globe like a evil black octopus.

    Regime change is the only solution other than war.

  18. Ƶĩppʯ (ȊꞪꞨV)

    Why China’s Communist Oligarchy Is Doomed

    being a totalitarian regime, it makes not one jot of difference if it is keynesian or not. What the regime says will happen is what happens. This means inflation, debt are all meaningless, any figures coming out of China are nothing more than kabuki theater.

    China’s achilles heel is it’s upcoming demographic collapse.

  19. Speedbox

    Winston Smith
    #2888918, posted on December 19, 2018 at 3:22 pm

    Yes. I had many more things to say (including some of those mentioned in your post) but my rant was already long and I didn’t want to fall foul of the spaminator with an excessive post.

    But, the apparent impotency of the West to act*, or worse, the almost flagrant disregard of China’s actions is just bewildering to me. Now, we have a rampant China who believe (probably correctly) that they can proceed with impunity. A few bumps in the road (no pun intended) but Xi is going to see this through and back himself in as the greatest leader since Mao (or ever). The recent vote to abolish term limits effectively assures his Presidency ‘for life’ and is not some happy coincidence.

    *(Trump being the recent exception but what about Obama – the Spratlys were under construction during his Presidency). FMD.

  20. Squirrel

    This is payback, of sorts – the western powers got China on the hook for reckless loans in the 19th century, but the short-sighted idiots running western governments these days would be oblivious to details like that.

    Aside from dabbling with the belt and road trap, the far bigger danger facing Australia is the hundreds of billions our banks have been allowed to borrow overseas to pump up and support our housing bubble.

  21. max

    Chinese menace and other hobgoblins

    H. L. Mencken The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

    The lies they teach our children: Vipers in the nation’s classrooms

    Greg Sheridan, The Weekend Australian, February 2-3, 1985, p. 1, 12.

    All around the country, teachers are giving our children a diet of intellectual poison.
    Syllabuses in the social sciences and value-related areas are being taught, which are deeply hostile to Australia, to the US, to capitalism, to European civilisation, to industry, to Christianity. They, in fact, embody a widespread hatred for our society.
    Accompanying the new secular religion of environmentalism are endless Malthusian delusions about the doomed future of the planet because of over-population and under-production, and the evil effects of industry. Out-of-date, contentious and often inaccurate information is given to school children to show them the path of disaster the world is treading because of the sins of capitalism.
    Large areas of the State education system have been captured by mediocre talents who adhere to a variety of fruit-cake ideologies with little regard for serious scholarship which conflicts with their views.
    In many social sciences Australian students are receiving the worst education possible: plenty of moral anger and little intellectual substance. In peace studies they are in a vice which, on the one hand tries to scare them into pacifism, while on the other feeds them shoddy, anti-American clap trap as a substitute for rigorous analysis.
    http://economics.org.au/2013/05/greg-sheridan-the-lies-they-teach-our-children/

  22. Offset Corner

    When will our politicians stand up for Auatralia by ending Chinese immigration and ending the foreign ownership of Australian land

  23. Bruce of Newcastle

    ending the foreign ownership of Australian land

    I wouldn’t worry about that too much.
    In any “unpleasantness” all those foreign owned assets will suddenly be confiscated by Canberra.

    Foreign ownership of real estate is a useful thing, since it deters the foreign power from doing anything rash. It only fails if the foreign power can make good on their threats. If China is ever in a geopolitical position to do that we’re stuffed anyway, so we may as well all start learning Mandarin.

  24. BoN;

    Foreign ownership of real estate is a useful thing, since it deters the foreign power from doing anything rash. It only fails if the foreign power can make good on their threats. If China is ever in a geopolitical position to do that we’re stuffed anyway, so we may as well all start learning Mandarin.

    Does Australia know what is behind every locked door, in every container in the Chinese leased port in the NT?
    Of course not.
    Because we trust them not to bring in stuff they shouldn’t.
    🙂

  25. Bruce

    Squirrel:

    It is only “payback” to the professionally guilt-ridden who are already committed to being “colonized”.

    Our “rice-propelled”celestial cousins have a whole different psyche.

    Thousands of years of development has produced a culture that has at its core, the absolute belief in the superiority of that culture and all its appurtenances and peculiarities.

    Even the name of the country is significant. Sometimes rendered as “The Middle Kingdom”. it is more accurately, “The CENTRAL Kingdom”.

    Central, as in; “That around which all else revolves”, with all that such a concept implies.

    ALL must pay tribute to the “”Emperor” (or his political successors).

    As for “Real Estate”, it is not just flash houses and apartments that are being snapped up by well-heeled Chinese investors, but a steady tally of PRIME grazing and agricultural properties AND processing and shipping operations. This used to be referred to as “vertical integration”. Literally,”paddock to plate”.

    Interesting to compare the incessant outrage whenever Japanese or American investors opened their wallets to the studied silence directed towards much greater scale operations by Chinese activities.

  26. Mitchell Porter

    Speedbox said

    “China’s global intentions are malevolent”

    What *are* those intentions? Suppose China were comprehensively strategically triumphant – what terrible outcomes would befall Australia?

  27. None

    Cory Bernardi has been calling for years for a royal commission into the extent of Chinese influence in Australia. I think that is a damn fine idea.

  28. 2dogs

    The Belt And Road Initiative involves the construction of 240 coal fired power stations. How long before Victoria gets one of them?

  29. 2dogs

    Two words: Washington Consensus.

    Yes, that’s two words. Another two words are “irrelevant comment”.

  30. Yes, that’s two words. Another two words are “irrelevant comment”.

    Nup. Belt and Road is just another imperialist strategy like the Washington Consensus. The West can hardly complain, because we’ve been doing the same thing for decades.

    The more isolationist Trump becomes, the easier it is for China to project its power.

  31. Mitchell Porter

    Winston Smith said

    “Do you really need to ask?”

    Apparently not only do I need to ask, but I need to ask again, because no-one is saying what the terrible endgame is, if China “wins”. So:

    What *are* the “malevolent global intentions” of China?

    and

    Suppose China were comprehensively strategically triumphant – what terrible outcomes would befall Australia?

  32. Obviously, Mitchell, you are too bloody thick to understand the world and its history.
    So I shan’t bother informing you of the results of Chinese/Han hegemony for the countries that have succumbed to it.

  33. Speedbox

    Mitchell Porter
    #2889127, posted on December 19, 2018 at 10:52 pm

    What *are* those intentions? Suppose China were comprehensively strategically triumphant – what terrible outcomes would befall Australia?

    When I first saw this I concluded you were one of the following:

    a) a child (doubtful)
    b) a remarkably naive adult (unlikely although possible)
    c) a troll (more possible)
    d) somebody’s sock puppet (even more likely)

    Either way, your simplistic question doesn’t warrant an answer. If you really want to know why it would be a very bad outcome for Australia, do your own research on China (both current and historical) and if still not convinced, submit realistic questions with defending examples.

    The Cat can be a great resource but most people here will not do your researching and thinking for you.

  34. Mitchell Porter

    Apparently it’s up to me to make the first move in this discussion, then. Fine. Is the big secret that if China wins, we get annexed and invaded?

  35. Mitchell Porter

    It is famously claimed that during the South Sea Bubble, a company was listed “for carrying out an undertaking of great advantage, but nobody to know what it is”. It seems that for some people, China is to be feared, but no-one is to know exactly why.

    Rafe Champion at least implicitly presented a concrete scenario: we end up part of a Chinese bloc at the UN, because we owe them money. I request again that “Speedbox” and “Winston Smith” be similarly specific about what outcome it is that they are trying to head off.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.