The ONLY ALTERNATIVE to ECONOMIC MELTDOWN

re posted from                     LAROUCHEPAC.COM

China and Russia Lead Growth; Obama and Wall Street Lead Death-Spiral

January 20, 2016

As Obama continues to improve his kill rates—from Flint, to Puerto Rico, to the overall national demographic death rates—it’s important to keep in mind “how the other half lives,” i.e., that half of humanity that is not enslaved to the British Empire, and is instead progressing under China-led BRICS economic policies. While the financial press ridiculously points to China as the “epicenter” of the ongoing international financial meltdown (supposedly because its GDP growth for 2015 was “only” 6.9%, a 25-year low), the reality is that it is the epicenter of growth.

China’s ambassador to Russia, Li Hui, granted an interview to Sputnik in which he emphasized that China-Russia cooperation is at the center of these economic policies.

“Now, many countries are showing an active interest in the Silk Road Economic Belt initiative, multiple agreements and memorandums on bilateral and multilateral levels have been signed. Russia, as the largest neighbor and a strategic partner of China, is an important participant in the construction of the Silk Road, which has significant advantages,” Li said. He gave some specific examples: “Construction works have already begun in China to build the eastern string of the pipeline that has been dubbed the deal of the century by the media,” Li said.

He also mentioned the high-speed rail line between Moscow and Kazan, which “has entered the stage of practical realization.” And overall there is “stepped up cooperation in building wide-body planes,” as well as on nuclear energy, electricity, chemical industry and production of natural resources, Sputnik reported Li saying.

Li noted that there had been a significant, 29% decline in bilateral Russia-China trade in 2015, mainly due to collapsing oil prices, but he added:

“I believe the decline in bilateral trade is temporary, as China and Russia possess large economies and a high degree of complementarity in their industries, as well as large markets, and, most importantly, a strong desire for bilateral cooperation supplemented by a well-tuned cooperation mechanism.”

He said venues of cooperation include the AIIB, the BRICS New Development Bank, the Silk Road infrastructure fund, etc. China is Russia’s leading economic partner, with $95 billion in trade in 2014. President Putin in June said that the two countries were planning to boost bilateral trade to $200 billion “in the next few years,” Sputnik reported.

SUPPORTING MATERIAL

Xi Jinping on Visit to Saudi Arabia, Iran and Egypt: Bringing Peace Through the New Silk Road

Chinese President Xi Jinping has begun a five-day swing through Saudi Arabi, Iran, and Egypt whose intention is to fully turn the tables on London’s policy of bloody sectarian warfare and terrorism in the region. His main instrument is China’s “win-win” policy of bringing the One Belt One Road program to the remotest corners of the planet. Xi stated the policy in his own words in an article published in Alriyadh on the eve of his Jan. 19 arrival there.

The Egypt leg of the trip will be particularly important, with a major policy speech to be delivered by Xi before the Arab League, headquartered in Cairo. Multi-billion-dollar deals and investment agreements are scheduled to be signed between China and Egypt, including a memorandum of understanding for Egypt to participate in China’s One Belt One Road economic cooperation policy. Other areas will include cooperation in infrastructure, nuclear power, so-called “new energy,” aviation, finance, and other sectors, according to the BRICS Post. Egypt’s ambassador to Russia, Magdy Amer, told Egypt’s MENA news service that during Xi’s visit deals will also be signed for $1.8 billion in loans: $1 billion to strengthen Egypt’s foreign reserves; $700 million to the National Bank of Egypt to finance projects; and $100 million to Banque Misr for small and medium-sized business projects.

A senior intelligence source in Washington, D.C., reported that China is in a unique position to defuse the British sectarian warfare plan in the area, having not “taken sides” between Iran and Saudi Arabia in the recent period. Egypt can also play a key role, the source said, since it has not sunk into the sectarian conflict affecting much of the region.

Xi Jinping Article in Saudi Paper Calls for Win-win Cooperation on the New Silk Road Policy

Xi Jinping arrived today in Saudi Arabia for a two-day visit, before going on to Iran and Egypt, in a trip aimed at intervening against the British provocation of Sunni-Shia warfare. Before arriving in Riyadh, Xi published an article in the Saudi paper Alriyadh titled “Be Good Partners for Common Development.” The visit comes just days after China published its first “Arab Policy” document, laying out China’s intention to extend the Silk Road concept into Southwest Asia.

Xi’s article doesn’t mention Iran or the war danger, but focuses on China’s friendship and trade relations with the Saudis — China is Saudi Arabia’s largest trading partner, and the Saudis are China’s largest source of oil imports.

“Over 2000 years ago,” he wrote, “numerous camel caravans from the two sides traveled along the ancient Silk Road. Diplomatic envoys from the Seljuk Empire visited China during the Tang Dynasty. Zheng He, China’s Muslim navigator in the Ming Dynasty, traveled to Jeddah, Mecca and Medina, and he described them as paradises where people enjoyed peace and harmony. The interactions and mutual learning between the Chinese and Islamic civilizations are an important part in the history of inter-civilization exchanges.”

Xi said the two nations should “bear in mind the strategic nature of China-Saudi Arabia relations…. Let us forge a win-win partnership of mutual benefit and common development,” emphasizing “aerospace, peaceful use of nuclear energy and renewable energy…. We hope and trust that Saudi Arabia, located at the west crossroads of the Belt and Road, will become an important participant of, contributor to and beneficiary of this initiative.”

The Eurasian Land-Bridge After One Year — Trade Explodes

Although China’s trade fell this year overall, in dollar terms, Xinhua reported Tuesday on the extensive new trade facilitated by the new “Eurasian Land-Bridge” rail routes from China to Europe.

“For the whole of 2015, China’s total export and import values continued decreasing by 7% year on year, falling for the first time in six years. However, Yiwu’s [in the coastal province of Zhejiang, the terminus of a Land-Bridge line] small commodity center witnessed a surge of 46.2% year on year in its foreign trade volume, hitting $25.66 billion in the first three quarters of 2015,” they write.

This route, called Yixin’ou in Chinese (Yiwu-Xinjiang- Europe), at 13,052 kilometers, is the longest train route in the world, Xinhua reports, cutting travel time to one-third that of shipping and cutting costs to one-fifth those of air freight.

“Over the past year, 17 trains carried 794 TEU containers to Europe. Three trains sent 146 TEU containers of imported goods back.”

Meanwhile, the northern route from Harbin (in Heilongjiang in the Northeast) to Hamburg through Russia and Poland, transported $87 million worth of goods in the second half of 2015 after the service was launched in June. The 15-day trip, covering 9,820 km, carries goods from China, the Republic of Korea, and Japan to European countries, including Germany, Poland, France, Spain, and Italy.

The west-bound cargo is mostly electronics and auto parts, while China now enjoys “beer from Germany, ham from Spain, pizza from Italy as well as industrial products and daily necessities [which] have become more accessible to ordinary Chinese,” said Cheng Yao, vice head of the economic research institute of the Heilongjiang provincial academy of social sciences.

Xinhua adds that the Land-Bridge “also assisted China’s manufacturing firms in expanding overseas business along the rail line.”