Monday, April 16, 2018

Kings of the East

Japan signals interest in China's One Belt, One Road initiative - UPI.com
UPI reports: "Tokyo and Beijing discussed shared concerns, including the imposition of high U.S. tariffs on imported steel, a measure that would affect Chinese and Japanese producers. Wang also invited the top Japanese diplomat to consider participating in China's One Belt One Road network of global trade. Kono said Japan would be willing to pursue projects within the network that 'meet the standards of the international community.'"

Comment: Trump's neo-isolationism will impair U.S. leadership but is a boon to Asian economic development. China's "One Belt, One Road" initiative is one of the most ambitious and creative development projects since the Marshall Plan. It has the potential to anchor China firmly at the center of Mideast, European and Asian economic security.

No comments: