Relentless reports that the New Silk Roads, or the Belt and Road Initiative (BRI), are a perfidious neo-imperial debt trap set up by Yellow Peril 2.0 are vastly exaggerated.The BRI is set to bring the lagging economies (and societies) in Asia into the 21st century in a way similar to the dynamic growth of China since the Deng era, but free of Western control, unlike Japan and South Korea. Europe has no choice but to join. And if the US doesn't change its imperialistic approach, the rest of the South (Latin America and Africa) is headed that way, too.
With less than one week to go before the next BRI forum in Beijing, a quick overview of what’s been happening in Europe and Southwest Asia may be quite enlightening....
Asia Times
China’s road to a win-win ahead of BRI forum
Pepe Escobar
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