• China's Belt And Road Agenda Now Moves to 'Global Governance' As Beijing Looks To Control The World

    April 29, 2019
    1 Comment
    China's Belt And Road Agenda Now Moves to 'Global Governance' As Beijing Looks To Control The World
    Mothers' Crusade for Victory over Communism, 1965-1973

    The Chinese program 'One Belt One Road' has led to bankruptcy of nations through predatory lending and the seizing of vital infrastructure from sovereign nations as Beijing looks to expand its influence throughout Central Asia, Africa, and Europe. The examples are plentiful, like Kenya which is losing control of its main port in Mombassa due to default on loans made to Kenya Railways.

    Now, in an ominous development, China is admitting the next phase of the project to be implemented will be about 'global governance'.

    “There will be a shift away from ... hard infrastructure projects,” Tom Rafferty, principal economist for China at The Economist Intelligence Unit, said Friday. ”(The Belt and Road is) going to have a broader range," reported CNBC.

    In fact, Rafferty said, the Chinese leader demonstrated that he sees the program “as a China global governance initiative.”

    Chinese President Xi Jinping says in a speech that, through the Belt and Road Initiative, China would “strengthen cooperation in customs, taxation and audit oversight” and pursue cooperation on technological development, wrote CNBC.

    The United States has pressured European allies to be wary of Chinese lenders bearing gifts but the caution has been thrown to the wind on The Continent as Italy, and many of the Balkan countries are moving forward with Beijing's plans and accepting funds for infrastructure development.

    The Trump administration has also warned against using Chinese 5G equipment made by Huawei but again the warnings have fallen on deaf ears as Europe looks to snub Trump while destroying its security. French President Macron declared last year that Europe needs to raise an army to protect against the United States. Perhaps they believe that if Chinese control extends over Europe the U.S. will bail them out again.


    L Todd Wood

    L Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd has been a national security columnist for The Washington Times and contributed to One American News, Fox Business, Newsmax TV, Moscow Times, Novaya Vremya (Ukraine), the New York Post, National Review, the Jerusalem Post, Zero Hedge and others. He is also founder/publisher of CDM. For more information about L. Todd Wood, visit LToddWood.com.
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    This would lead to an interesting conflict between Communist China and Islam for the dominance of Europe. Perhaps they will cancel each other out.

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