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RE: Will New Silk Route change the world we know?

in #trade6 years ago

China's silk road initiative is one way trade. Countries that got in early a little peeved about it. Venezuela was suppose to be an important piece in the silk road. The communist party is in a race, they need to get their systems in place before they collapse.

The wealthy in China are trying to get their money out of the country because they don't think the communist can stay in power. Centralization of power never works, their economic reforms only delayed the end of communism in the country.

My money is on communism in China collapsing within the next 5-10 years. I don't think the communist will dominate. If China ever becomes a free market economy then they will control 30% of the worlds GDP.

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Hi,
I won't agree with statement that this is one way trade, on example of Pakistan: https://steemit.com/news/@deerdance/gwadar-baby
Besides that, my money is on communism party won't fail in China - external forces have no power there to destabilize the country.

Time will tell, communism fails from within not by external forces. We have our own problems in the west to fix anyways.

China Uncensored does a good job covering Chinese news in a comedic way. I recommend digging deeper after. Keep in mind the Chinese government pays for positive media coverage and has a growing influence in western universities (just like western propaganda). If you get a chance look into how Chinese loans for oil devastated Venezuela when the price drop. Venezuela should of never took the loans in the first place.

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