China’s pioneering initiative to institutionalize trade rules and dispute mechanisms for its New Silk Road is especially impactful in making the World Trade Organization irrelevant in and of itself, but when combined with Trump’s recent moves away from this globalist body, it has the effect of dealing what might be […]
Small but geopolitically important steps were taken by key members of the European Union from the EU’s Eastern periphery. While largely ignored in Western mainstream media and in Brussels, they could well portend a longer-term alternative economic space to the failing construct known misleadingly today as the European Union with its bankrupt Eurozone single currency and European Central Bank. I refer to the talks recently in Beijing at the major Belt and Road Forum, between leaders of 29 nations and China’s President Xi Jinping with the Prime Ministers of Hungary, Greece, Italy, Spain as well as the President of the Czech Republic and the President-elect of the Republic of Serbia .
The significance of the attendance of these specific European countries is underscored by the conspicuous absence of the leaders of Germany, France (maybe excusable due to presidential elections), and the remaining EU member countries, as well as the absence of the President of the EU Commission.
The list of Beijing attendees confirms that a tectonic fault line is developing across Europe between government leaders opting for national economic growth and development versus the nations whose leaders are still tied to the scelerotic, dying economies of the old Atlanticist order known as the American Century.
China made clear to the USA and the EU that their OBOR infrastructure project was not at all exclusionary. Beijing made clear months ago that it genuinely wanted their participation in what Vladimir Putin called the development of an Eurasian Century.
Trump responded by sending a low-level National Security Council civil service bureaucrat named Matt Pottiger. Germany’s Merkel sent her Economics Minister who pompously declared in Beijing that Germany would not sign the Forum Joint Communique, complaining instead that she wanted a “level playing field,” newspeak for the old Anglo-American globalization midel that makes the rules for “less developed” countries and thereby gives superior advantage for the Western G-7 multinational giant corporations and states.
Notably, leaders of the EU countries most strongly objecting to Brussels policies in key areas of the economy and refugees, such as Hungary’s Viktor Orban, strongly embraced participation in China’s vast $22 trillion infrastructure project called One Belt, One Road or OBOR, more recently Belt and Road, for short.
In remarks in Beijing summarizing his talks there, Hungarian Prime Minister Viktor Orban spoke bluntly of an emerging global tectonic fault line. Orban declared that the old globalisation model is obsolete, noting that “a large part of the world has had enough of a world where “a few developed countries have been continuously lecturing most of the world on human rights, democracy, development and the market economy,” a direct slap in the face to the US-led “democracy and human rights” NGOs of George Soros and the CIA-tied USAID which have ferociously tried to topple the very popular Orban.
Orban added that the world today has, “arrived at a cusp between historical eras: the old model for globalisation – built on the assumption that money, profit and technological know-how are in the West, flowing ‘from there to less developed, eastern countries.’ That model, Orban stressed, has “lost its impetus.” The Hungarian leader emphasized the crucial point that Washington and the stagnating governments of much of the EU are in denial. “Over the past ten years, the global economy’s engine room is no longer in the West, but in the East. More precisely, the East has caught up with the West.”
The Hungarian Prime Minister noted the fact that in Hungary over the past year or so, “large American and European companies have been bought up by Chinese enterprises, leading to a sharp increase in the number of Hungarian development projects that are now Chinese-owned. This movement of capital is totally different to what we have been used to, and to what we have been taught about how the global economy operates.”
Orban obviously gets the very central point that Washington, Wall Street, Brussels and Berlin are in denial over: The emerging Eurasian Century represents an entire new quality of globalization. No longer are the colonial European powers or their American cousins holding the key cards or calling the shots.
During his private talks in Beijing with Xi Jinping and other Chinese officials, Orban signed Memoranda of Understnding in connection with linking the OBOR infrastructure with the economies of Europe.
For Hungary, Orban signed financial and economic agreements in Beijing. He stated that the “most spectacular” of these agreements was for modernisation of the Budapest, Hungary to Belgrade, Serbia railway line, including the financing. Serbian President-elect Aleksandar Vučić, together with Orban a major target of destabilization protests led by Washington NGOs of George Soros and the National Endowment for Democracy, also participated in the signing. […]
The Greek Connection
In addition to Hungary and Serbia, debt-ridden Greece is also drawing closer to Beijing and her OBOR initiatives. Prime Minister Alexis Tsipras, until recently a darling of the International Monetary Fund for bringing his Parliament to sign savage pension cuts and other austerity laws so that the EU and IMF debt deals go forward, is finding the Chinese OBOR option increasingly attractive.
In a meeting with Tsipras in Beijing before the opening of the OBOR forum, China’s Xi Jinping offered Tsipras proposals of expanding cooperation in infrastructure, energy and telecommunications. Xi told Tsipras, according to the official Chinese news agency, that Greece was an important part in China’s new Silk Road strategy. He put it in characteristic Chinese language: “At present, China and Greece’s traditional friendship and cooperation continues to glow with new dynamism.”
Greek infrastructure development group Copelouzos signed a deal with China’s Shenhua Group to cooperate in green energy projects and to upgrade power plants in Greece. The deals are worth more than $3 billion. In 2016, China’s largest shipping company, state-owned COSCO bought majority ownership stake in Piraeus Port Authority as preparation to turn Greece into a transhipment hub for the rapidly growing trade between Asia and Eastern Europe.
It is important to recall that, contrary to the religious dogma of economic simpletons such as Milton Friedman, there exist in nature no such entities as “free markets.” Markets are the careful product of man-made economic infrastructure developments. This is the core of China’s “globalization with Chinese characteristics,” as Deng might have termed Xi’s OBOR idea.
In recent months China has been a major investor in Greece’s economy, a sharp contrast to the demands of the EU and IMF for Greek austerity. The China State Grid last year bought a 24 percent stake in Greek power grid operator ADMIE for 320 million euros.
If we take the developments in Beijing’s OBOR forum of Hungary, Serbia, Greece, Czech Republic, and add to this the fact that Turkey’s President Recep Erdogan was also present and made a major committment to participate in the China-Russian-led OBOR, we have the seed crystal of a world geopolitical renaissance that contains the potential to replace the now-dead Anglo-American globalization model of top-down fascist economic domination, with a model truly based on mutual benefit among sovereign nations. As a traditional Russian saying goes, the select nations of Eastern Europe, along with Russia, China and perhaps also Turkey, are truly “making porridge together,” making rich nutritious Kasha. (emphasised ES)
F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”
Uganda is a country that many people seem to have heard of, but barely anyone except the locals knows anything about. Nestled near the divided but resource-rich Central African region,
Martin Zeis, 15.01.2017
I entrust to you the four-part series of articles written by Federico PIERACCINI about Geopolitics, Globalization and World Order.
„In this series of four articles I intend to lay a very detailed but easily understandable foundation for describing the mechanisms that drive great powers. To succeed, one must analyze the geopolitical theories that over more than a century have contributed to shaping the relationship between Washington and other world powers. Secondly, it is important to expound on how Washington’s main geopolitical opponents (China, Russia and Iran) have over the years been arranging a way to put a stop to the intrusive and overbearing actions of Washington. Finally, it is important to take note of the possibly significant changes in American foreign policy doctrine that have been occurring over the last twenty years, especially how the new Trump administration intends to change course by redefining priorities and objectives.“ Pieraccini, 19.12.2016
„The preceding three parts of this series analyzed the mechanisms that drive great powers. The most in-depth understanding of the issues concerned the determination of the objectives and logic that accompany the expansion of an empire. Geopolitical theories, the concrete application of foreign-policy doctrines, and concrete actions that the United States employed to aspire to global dominance were examined. Finally, the last bit of analysis focused particularly on how Iran, China and Russia have adopted over the years a variety of cultural, economic and military moves to repel the continual assault on their sovereignty by the West. Finally, specific attention was given to the American drive for global hegemony and how this has actually accelerated the end of the ‚unipolar moment‘, impelling the emergence of a multipolar world order.
In this fourth and final analysis I will focus on a possible strategic shift in the approach to foreign policy from Washington. The most likely hypothesis suggests that Trump intends to attempt to prevent the ongoing integration between Russia, China and Iran.“, Pieraccini, 15.01.2017
I’ve compiled the articles in one pdf-file (attached, 22 p) – separate they are available via following URLs:
Author: Federico Pieraccini
I. Geopolitics, Globalization and World Order, 19.12.2016
II. The United States and The Race for Global Hegemony, 23.12.2016
III. How a United Iran, Russia and China are Changing The World – For the Better, 01.01.2017
IV. Trump’s Delusion: Halting Eurasian Integration and Saving ‚US World Order‘, 15.01.2017
The two previous articles have focused on the various geopolitical theories, their translations into modern concepts, and practical actions that the United States has taken in recent decades to aspire to global dominance. This segment will describe how Iran, China and Russia have over the years adopted a variety of economic and military actions to repel the continual assault on their sovereignty by the West; in particular, how the American drive for global hegemony has actually accelerated the end of the ‚unipolar moment‘ thanks to the emergence of a multipolar world.
Understanding the objectives and logic that accompany the expansion of nations or empires is always of paramount importance in helping one draw lessons for the future
In this series of four articles I intend to lay a very detailed but easily understandable foundation for describing the mechanisms that drive great powers. To succeed, one must analyze the geopolitical theories that over more than a century have contributed to shaping the relationship between Washington and other world powers. Secondly, it is important to expound on how Washington’s main geopolitical opponents (China, Russia and Iran) have over the years been arranging a way to put a stop to the intrusive and overbearing actions of Washington. Finally, it is important to take note of the possibly significant changes in American foreign policy doctrine that have been occurring over the last twenty years, especially how the new Trump administration intends to change course by redefining priorities and objectives. (…) To be continued
The narrative of a coming conflict between the East and the West has been boiling steadily as the U.S. election nears its end. Even the mainstream media is insinuating the potential for shots fired. Some believe the results of the election will determine the odds of war. There is a different position. It seems the rhetoric of East vs. West and nuclear exchange is being exploited as a distraction away from a different but almost equally catastrophic end game – the death of the U.S. dollar as the world reserve currency.