Lecture by Lawrence Freeman on US adversarial policy against China. October 27, 20024, Rising Tide Foundation at risingtidefoundation.net

November 8, 2024

Watch my one hour lecture in the video above, in which I present my insights, gained from attending the Beijing Xiangshan Forum (September 12-14), and spending nine days in Beijing and Shanghai from (September 9-17). Read my report on Xiangshan forum: China Not An Enemy of the US, Could Be A Partner For Global Economic Development. I experienced special treat during my visit. I was able travel on China’s high-speed train from Beijing to Shanghai. At 215 miles per hour, it took only 4.5 hours to travel 819 miles.

I can tell you unequivocally, do not believe U.S. propaganda about China. The U.S. is drowning in its rules-based order ideology, with its zero-sum doctrine. China is a  very interesting country, with its ancient culture and its friendly people. I highly recommend visiting this fascinating nation, if you can.

I discuss China’s remarkable accomplishment of transforming its economy and lifting 750 million of its citizens out of poverty in just thirty-five years, from 1978 to 2023. As an expert on Africa, it is clear that China is in the best position to assist African nations in eliminating poverty, which is its declared intention. The U.S. has no such inclination.

The U.S. treats China as its number one enemy, claiming that China wants to be the number one power-hegemon in the world. Contrary to this false belief, China’s concentration is on modernizing its economy to become by 2035, a modern socialist nation with Chinese characteristics. China as a leader of the BRICS is concerned with economic development, as are all nations in the Global South.

If, and when the elites of Western nations that adhere to the rules-based order recover from their dementia, they could understand that China can become a partner in global economic development. I proposed in the Xiangshan Forum that the U.S. and China collaborate on a great joint mission: eliminating poverty and hunger in Africa. Read: Freeman Speaks on China-Africa Strategy at Respected Beijing Xiangshan Forum

Please watch the full hour on my video, which politically and musically crescendos at the conclusion. Freeman on China

 Watch Part two for pictures and discussion.

Read my earlier post: Chinese Amb Xie Feng Rejects “zero-sum” Mentality of the West at 75th Anniversary

Watch Freeman on Global Times

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for 35 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is the creator of the blog:   lawrencefreemanafricaandtheworld.com, and also publishing on: lawrencefreeman.substack.com, “Freeman’s Africa and the World.”

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Rules-Based Order Strategic Mistake to Label China Enemy #1

November 8, 2024

Watch my one hour lecture in the video above, in which I present my insights, gained from attending the Beijing Xiangshan Forum (September 12-14), and spending nine days in Beijing and Shanghai from (September 9-17). Read my report on Xiangshan forum: China Not An Enemy of the US, Could Be A Partner For Global Economic Development. I experienced special treat during my visit. I was able travel on China’s high-speed train from Beijing to Shanghai. At 215 miles per hour, it took only 4.5 hours to travel 819 miles.

I can tell you unequivocally, do not believe U.S. propaganda about China. The U.S. is drowning in its rules-based order ideology, with its zero-sum doctrine. China is a  very interesting country, with its ancient culture and its friendly people. I highly recommend visiting this fascinating nation, if you can.

I discuss China’s remarkable accomplishment of transforming its economy and lifting 750 million of its citizens out of poverty in just thirty-five years, from 1978 to 2023. As an expert on Africa, it is clear that China is in the best position to assist African nations in eliminating poverty, which is its declared intention. The U.S. has no such inclination.

The U.S. treats China as its number one enemy, claiming that China wants to be the number one power-hegemon in the world. Contrary to this false belief, China’s concentration is on modernizing its economy to become by 2035, a modern socialist nation with Chinese characteristics. China as a leader of the BRICS is concerned with economic development, as are all nations in the Global South.

If, and when the elites of Western nations that adhere to the rules-based order recover from their dementia, they could understand that China can become a partner in global economic development. I proposed in the Xiangshan Forum that the U.S. and China collaborate on a great joint mission: eliminating poverty and hunger in Africa. Read: Freeman Speaks on China-Africa Strategy at Respected Beijing Xiangshan Forum

Please watch the full hour on my video, which politically and musically crescendos at the conclusion. Freeman on China

 Watch Part two for pictures and discussion.

Read my earlier post: Chinese Amb Xie Feng Rejects “zero-sum” Mentality of the West at 75th Anniversary

Watch Freeman on Global Times

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for 35 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is the creator of the blog:   lawrencefreemanafricaandtheworld.com, and also publishing on: lawrencefreeman.substack.com, “Freeman’s Africa and the World.”

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Will FOCAC Summit Strategize For Africa’s Future Economic Growth?

September 2, 2024

China is hosting the 9th Forum on China-Africa Cooperation (FOCAC) summit in Beijing on September 4th through September 6^th. FOCAC conferences have occurred every three years since the year 2000 bringing together leaders and representatives from the African continent with their Chinese counterparts. These discussions cover all aspects of economic, political, and social relations between China and the African nations. There is no doubt, despite all the naysayers and propaganda attacks against China alleging an ulterior motive, this is a true friendship, an important feature of China’s foreign policy. China has outflanked the Western governed “rules-based international order,” creating a bond between the two giant populated regions of the world. FOCAC is unique. There is no such comparable forum between African nations and the United States or Europe.

Geopolitical Limitations

The West, led by the United States, has continually attacked China with false claims, trying to create a wedge between China and Africa. They have accused China of being the new colonial power in Africa, which is completely false. They have accused China of “debt-trap” diplomacy, which has been proven erroneous again, and again. There has not been a single project in Africa taken over by China, or any assets seized by China, because of the inability of African nations to pay their loans. Despite all these attempts to malign China, the China-Africa relationship has substantially grown in this century. China eclipsed the United States in trade with Africa in 2009. China-Africa trade has  zoomed up to approximately $282 billion, while United States trade with Africa has shrunk to less than $50 billion.

From the combination of FOCAC, and the creation in 2013 of the Belt and Road, China has contributed to massive infrastructure expansion across the continent. In summary, this includes installation of over 25 gigawatts of electricity generation capacity, constructing and upgrading over 10,000 kilometers (kms) of railways; 100,000 kms of highways; over 60,000 kms of submarine cables; almost 1,000 bridges; 100 ports; and over 100 health facilities and schools.

Such vital categories of hard and soft infrastructure were never built by the “rules-based order” in the half century in which the West dominated trade with Africa.

China-Africa Partner for Growth

The 9^th FOCAC is the first summit following the disruptions caused by Covid-19. The theme of this conference is Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future. This theme is not new. China and Africa have a history of cooperation, which continues to develop.

Soon after the 8^th FOCAC in Dakar, Senegal in 2021, China released an outline of future China-Africa cooperation,  China Africa Vision 2035. In this policy paper, China outlines the key categories of cooperation for the development of the African continent. They include expansion of infrastructure, and growth in the manufacturing sector in order to achieve poverty reduction of poverty. See excerpts below.

Program for Infrastructure Development in Africa-PIDA’s Energy Impact” from the African Union’s vision statement, . (courtesy of limn.net)

 2.3 Advancing integrated cooperation. China actively participates in the development of the African Continental Free Trade Area (AfCFTA). China-Africa infrastructure cooperation is upgraded as China supports the development of African railway, highway, shipping, port, airline and communications network based on multiple cooperation models. The two sides establish diversified arrangements for trade and investment facilitation to elevate China-Africa cooperation on trade and investment facilitation to a new level.

3.2 Expanding production capacity cooperation. China will help Africa develop “Made in Africa” brands and integrate into global industrial and supply chains by assisting Africa to develop its manufacturing sector. China supports Africa in building and improving technical standard system for quality infrastructure. China will share experience with Africa to help Africa upgrade and enhance the competitiveness of its manufacturing sector, invigorate the private sector, and create more jobs in the private sector.

5.2 Notable achievements in poverty reduction cooperation. China and Africa continue to share experience in job creation and poverty reduction in various ways. China supports Africa in enhancing poverty reduction capacity, improving education, water and power supply and other public utilities, advancing urbanization, and achieving inclusive growth. With solid progress, the humanitarian exchange serves as a humanitarian bridge between China and Africa.

Achieving Economic Growth

For those of us who comprehend the true history of modern economic development, it is beyond dispute that infrastructure, especially electricity, and manufacturing are essential to achieve measurable physical economic growth. I have made the case repeatedly that without electricity (infrastructure), no nation is capable of economic growth. Read: Africans Fight Back Against Green Energy Poverty Policy of the West.

There has been much justified insistence that African nations should no longer allow their resources, especially critical minerals, to be simply extracted with little or no benefit to their economy. Now, nations are determined to create additional wealth through processing and manufacturing of their own resources into valuable finished products. However, this is impossible without abundant and accessible energy!

Without manufacturing capability, a nation will always be enslaved to those who produce and sell finished goods at their controlled prices. Essential categories of hard and soft infrastructure provide a platform for an economy to grow. A manufacturing sector produces the necessary physical wealth to maintain an expanding society and increases the productivity of the agricultural sector as well. The lack of these crucial elements has prevented African nations from developing modern industrial economies. China understands these rudimentary economic concepts from its own experience and has provided important contributions to many African nations to assist in their development. Investment in these economic categories is still insufficient, but no other nation, including the entire advanced sector has matched China’s involvement.

China’s vision for Africa in 2035 is coherent with their own plans for their economic future. The third plenary session of the 20^th Central Committee of the Communist Party of China adopted plans to achieve a modern-prosperous socialist economy by 2035. Read: China’s Reform to Advance Modernization

Western nations should be emulating China’s commitment to prosperity and eliminating poverty, not maligning it. There has been much chatter by African specialists, in recent days, predicting a reduction of China investment, leading into this week’s FOCAC Heads of State Summit. They claim that China will no longer be loaning money for big projects, and that the shine has come off the Belt and Road, due to the slowdown of the Chinese economy. China is accused of overloading African nations with unpayable debt, even though China is a minority holder of African debt. The International Monetary Fund reports that China has just six percent of sovereign debt of African nations and only seventeen percent of their external debt.

Acting On The Future

It is projected that Africa’s population will be near 2.5 billion people in a mere twenty-five or so years. By then Africa will have approximately one quarter of the planet’s population, the largest labor force, and over a billion young people, according to current projections. Consequently, the African continent will become the focal point for trade and commerce throughout the world, creating a new strategic reality.

For those of us who proceed from a knowledge of the future, know, that designing policy to eliminate poverty and hunger across Africa is of the upmost strategic importance. For this reason, an important agenda item for FOCAC would be, to assess the total infrastructure needs of the African continent as an interconnected  whole. And from that analysis, identify those crucial infrastructure projects that would have the most immediate effect on advancing the current mode of economic production. Infrastructure affects all aspects of production of consumer and capital goods. More advanced infrastructure platforms introduce new technologies into an economy, resulting in an increase in productivity. China’s Foreign Ministry reiterated last week that infrastructure development is a priority in its relationship with Africa.

Through massive investments in infrastructure, China has transformed its economy. It has more than doubled average life expectancy from 33 years in 1960 to 78 years in 2021, on par with the U.S. During recent decades, China has lifted almost three-quarters of a billion of its people out of poverty. Yet, economic misery in Africa continues to increase, with approximately half a billion Africans suffering from abject poverty today. While this demographic achievement of China’s successful infrastructure driven economic growth, is deliberately ignored by the arrogant “rules-based order” it is nonetheless a modern economic miracle. A knowable miracle that can be applied for the development of African nations

Read my earlier posts below.

African Leaders Speak Out for Physical Economic Growth at World Bank Forum

African Leaders Speak Out for Physical Economic Growth at World Bank Forum

Alexander Hamilton Created the U.S. African Nations Can Embrace His Economic Principles

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for 35 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is the creator of the blog:  lawrencefreemanafricaandtheworld.com, and also publishing on: lawrencefreeman.substack.com, “Freeman’s Africa and the World.”

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African Leaders Speak Out for Physical Economic Growth at World Bank Forum

June 16, 2024

The BRICS and the emergence of the Global South are providing an alternative to the Western created rules-based order, which is failing due to its flawed axioms of belief. Both Naledi Pandor, Minister of International Relations and Cooperation, Republic of South Africa, and Sergey Lavrov, Russian Foreign Minister, addressed the importance of this new multi-polar dynamic in the world. Both presentations beg the need for the creation of a “new just economic order” based on a paradigm of economic development.  

Below are excerpts of Minister Pandor’s June 10^th remarks.

We mark the expansion of BRICS to include further members of the global South and so increase our voice and influence as we continue to strive to shape a more fair, just and representative multipolar world order.

We also face very complex and political challenges that require ingenuity, innovation and increased global cooperation and we can be a force for good.

South Africa stands ready to work with our new members as they join all BRICS cooperation tracks and structures.

BRICS has increasingly become an important global forum. It is important that we maintain the momentum across all pillars of cooperation in the BRICS spirit of solidarity, openness, mutual respect and understanding in full consultation and consensus. Our collaboration can enhance effective action in all three pillars of BRICS, namely financial and economic cooperation, political and security cooperation, and cultural and people-to-people cooperation.

Together, we can realise the full potential of our BRICS economic partnership for mutually beneficial and inclusive economic growth and sustainable development. We therefore welcome the establishment of a Task Force to prepare a “BRICS Report on Improving the International Monetary and Financial System” and Central Bank discussions on the feasibility of establishing a BRICS international settlement and depository platform.

Our vision for BRICS is to foster a partnership that promotes the inclusion of countries of the global South in a fair, just, and equitable world, based on mutual respect and the equal sovereignty of nations. We see our partnership as a catalyst for sustained and mutually beneficial global growth and sustainable development that addresses the needs and demands of the entire world, not just the rich and the privileged.

As BRICS, we share a commitment to upholding and strengthening international law and advancing the central role of the United Nations in promoting inclusive multilateralism to foster increased cooperation between sovereign states in pursuit of international peace and security, sustainable development, democracy, human rights, and fundamental freedoms for all. (emphasis added)

Read Minister Pandor’s complete remarks: Pandor on BRICS

Below are excerpts from Minister Lavrov.

Multipolarity is not something that depends on the wishes of a certain state or a group of nations. Multipolarity or polycentrism as we also call it, is an objectively developing historical process which cannot be stopped. Although the West is trying to stall it by crook or by hook in order to prolong its hegemony that was proclaimed as the main goal of the US and its allies. They openly say that the world order in which the leading role belongs to the Americans, NATO and the EU, cannot be allowed to change.

This is an openly neocolonial mentality, which is manifested in everything the collective West does. It is the West that is trying to divide the world into various blocs. Think back to how the Americans convened a special ‘summit for democracy’, where they personally appointed the participants and sent them invitations. There was only one criterion for being invited – loyalty to the United States, first of all, loyalty to the democratic administration of [US President] Joe Biden.

Read my earlier posts below on this subject:

Lawrence Freeman: Why The “Rules-Based International Order” Has Failed and Will Always Fail: The Case of Africa

Freeman Interview: Is The West’s Rules-Based Order Targeting Horn of Africa and South Africa?

“Pan African Visions” Freeman Interview: The Newly Expanded BRICS Has Indelibly Changed The Universe-Ethiopia and Africa

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com

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Freeman Tells Xinhua: U.S. Officials Lie About China’s Belt & Road Initiative-BRI In Africa

(BRF2023) Interview: BRI greatly contributes to Africa’s infrastructure development, says U.S. expert

Source: Xinhua, Editor: huaxia

October 24, 2023   

Staff members work on the fiberglass production line of Jushi Egypt in Suez, Egypt, June 26, 2023. (Xinhua/Wang Dongzhen)

Speaking of the groundless accusations and malicious attacks by some U.S. politicians on the Belt and Road Initiative, Freeman, an American expert on Africa, said claims that China conducts the so-called “debt trap diplomacy” have been repeatedly proven false by Western experts.

by Xinhua writers Deng Xianlai and Xu Yuan

WASHINGTON, Oct. 24 (Xinhua) — Lawrence Freeman, an American expert on Africa, said in a recent interview with Xinhua that the Belt and Road Initiative (BRI) has made important contributions to improving global political and economic relations since its inception a decade ago, especially on the African continent.

He believes that the severe shortage of electricity is the most intractable infrastructure problem facing Africa, which not only exacerbates poverty, but also “kills” Africans.

“This is not a metaphor,” Freeman said, because without electricity, industrial and agricultural production and basic infrastructure such as hospitals would be impossible. China is actively working with many African countries to address this issue, he added.

Belt and Road projects in Africa cover energy, ports, airports, roads, railways, schools and other aspects, Freeman said, and it is a proven fact that China’s involvement in Africa’s infrastructure construction and economic and social development “is right now irreplaceable.”

As an expert on Africa, Freeman has advised many governments in sub-Saharan Africa on economic development policies and has witnessed several Belt and Road projects on the continent.

“One economic minister in Africa once told me: ‘If you take China out of Africa, there is no substitute that would step in,’” he said.

For years, Freeman has been vehemently advocating for the African Union’s visionary Integrated High Speed Train Network, which is a flagship project of the AU’s “Africa 2063 Agenda” adopted in 2015 and, when finished, would connect African capitals and commercial centers. As such, Freeman is particularly impressed by the several high-standard railways China helped build on the African continent.

This photo taken on Aug. 21, 2023 shows the Karuma dam at Karuma Hydropower Plant in Kiryandongo, Uganda. (Photo by Hajarah Nalwadda/Xinhua)

In 2016, Freeman attended the ceremony marking the inauguration of the Addis Ababa-Djibouti electrified railway — an early harvest project of China-Africa production capacity cooperation — in Addis Ababa, capital city of Ethiopia. And his decades-long dream of taking a train in Africa was realized on a Chinese-built railroad in Nigeria.

“Of the 30 years I’ve been traveling to Africa, I finally got a ride on a railroad in 2021,” Freeman said, adding it was on the railway linking Abuja — the Nigerian capital — and Kaduna, a northern metropolis and a major transportation hub in the country.

“I’ve driven that route on a poorly paved road,” Freeman recalled. With the completion of the Abuja-Kaduna railway, “I could sit back on a train … It was comfortable, it was smooth … I enjoyed every second of it because I’ve been waiting for decades to take a train in Africa.”

Speaking of the groundless accusations and malicious attacks by some U.S. politicians on the Belt and Road Initiative, Freeman said claims that China conducts the so-called “debt trap diplomacy” have been repeatedly proven false by Western experts.

“China is not intervening into domestic affairs (of countries along the Belt and Road),” he said. “China lends money with no conditionality.”

“Yet we have ignorant people in the U.S. government, in the State Department, in the Congress who repeat this” (false rhetoric) about China’s Africa policy, Freeman said.

Some U.S. diplomats and members of Congress have repeatedly discredited China’s Africa policy, throwing out “unfounded or ignorant attacks on China” despite “having access to knowing better” what the reality is, he noted.

“They’re repeating something that is known to be untrue. So that is no longer ignorance. That’s deliberate disinformation,” Freeman said.■

Read Chinese translation

Read my earlier post: “Win-Win Cooperation” Is Our Goal for China-U.S. Relations

Also read: “BRI provides solid platform for global cooperation” chinadailyhk.com

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com

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“Win-Win Cooperation” Is Our Goal for China-U.S. Relations

September 29. 2023

On Wednesday night, September 27^th, I had the pleasure of attending China’s 74th anniversary of the founding of the People’s Republic of China, at the Chinese Embassy in Washington DC. Officials of the US government, policymakers, and think tank analysts should carefully read the presentation-Remarks by Amb Xie Feng-by the new ambassador of China to the United States, Xie Feng.

The most salient portions of his comments are obvious to me and should be understood by all rational people. China desires Win-Win cooperation with the United States. The ambassador is correct in emphasizing that when China’s economy is expanding, it not only helps 1.4 billion Chinese people, but it actually also advances the world economy and benefits all people on our planet. Therefore, those in Washington and elsewhere, who foolishly gloat over the difficulties or temporary declines in the Chinese economy are really not acting in the interest of the United States. Ambassador Feng also emphasized that it is dangerous for the two largest economies armed with nuclear weapons to be involved in a Cold War much less a Hot War, and this has to be avoided at all costs for the sake of humanity.

In fact, there is no objective inherent contradiction between the development of China and the development of the United States. I know this as an expert on African political economy. The needs of the African nations in terms of basic infrastructure; railroads, electricity, roads, hospitals, and schools is so massive that all nations could collaborate together in addressing this serious infrastructure deficit. China and the United States actually share a common interest in the development of humankind. China and the United States could take up jointly the mission of eliminating poverty in Africa.

What is preventing this type of global economic progress, is the dominant U.S. geopolitical mindset that views hegemony in the world as a zero-sum game of winners and losers. This perverted geopolitical outlook prevents the type of superpower cooperation between the U.S. and China, which Ambassador Feng alluded to in his remarks.

Following the presentation by Ambassador Feng there was a 45 minute delightful musical presentation by young musicians from the Juilliard School in New York City. They performed classical Western music and classical Chinese music. This was not only a joy to listen to, but actually made clear to me something very important about Chinese culture. Classical music is the most rigorous form of music that stimulates the human mind and is actually composed for the purpose of nurturing   human creative thinking.

The mini-concert began with a composition from Johannes Brahms that was performed with precision and passion. It was also very interesting for me to sit there and observe an audience of several hundred people quietly, and thoughtfully listening to classical music in the Chinese Embassy. Most people don’t understand that classical music is not meant just for Western audiences. Classical music is intended for all human beings. Every great form of music, drama, and poetry, if they qualify as classical, share the same quality: developing the human mind. Therefore, having this performance following the presentation by Ambassador Feng confirms to me the desire by China to have a working relationship with the United States and the West. In this instance, classical music was chosen as a universal medium to build a friendship between China and the U.S.

Thus, to my mind, the two events are connected as if from a single piece of cloth: An insightful presentation by Ambassador Feng, followed by an excellent classical music performance by a talented trio (cello, violin, piano). This is an eloquent method to educate the audience on the inseparability of politics and culture, when conducted at the highest level.

As a result, I had an informative and enjoyable evening. I presume others did as well.

Remarks by H.E. Ambassador Xie Feng At the Reception Marking the 74th Anniversary of The Founding of the People’s Republic of China.

Reads the entirety of Remarks by Amb Xie Feng

Excerpts follow:

Dear friends,

Welcome to the first in-person National Day reception at our embassy after the pandemic!

It is a great pleasure to get together with you face to face to celebrate the 74th birthday of the People’s Republic of China. Let me extend my heartfelt thanks to friends from various communities for your longstanding support for China and China-U.S. relations, and also warmest festival greetings to our fellow compatriots in China and the United States!

Over the past 74 years, under the leadership of the Communist Party of China, billions of Chinese people have forged ahead with fortitude, and embarked on a path of socialism with Chinese characteristics. We have created a miracle of rapid economic growth with hard work, a miracle of lasting social stability with unity, a miracle of poverty reduction with perseverance, and a miracle of peaceful rise with a great sense of responsibility. 

Today, 74 years on, we are advancing the great rejuvenation of the Chinese nation on all fronts through a Chinese path to modernization. While Chinese modernization is conceived in China, it will bring opportunities to the whole world.

— It is the modernization of a huge population. Achieving modernization for more than 1.4 billion people is an unprecedented task, and requires arduous efforts. Pursuing high-quality development is our top priority, and reform and opening-up remains our fundamental national policy. Our focus is to be a better self. We have no intention to challenge, outcompete or displace anyone else.

— It is the modernization of common prosperity for all. We will both make the pie bigger and divide it more fairly. China’s middle-income group will exceed 800 million by 2035. Its market for health services is estimated to reach around 2.2 trillion dollars by 2030. And Chinese airlines will need 8,700 new aircraft by 2040…

It is also the modernization of peaceful development. We have put forward the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, offering China’s solution for addressing the deficit in development, overcoming security challenges and enhancing mutual learning between civilizations, and calling on countries to jointly build a community with a shared future for mankind.

This year, amid the tortuous global economic recovery, every country has its own problems to tackle. While facing some difficulties and challenges, the Chinese economy has been on an upward trajectory generally. Our GDP grew 5.5% in the first half of the year, outpacing most major economies. In the first eight months, investment in high-tech industries grew 11% year over year, and retail sales in accommodation, catering and other services increased 19%. Over 500 million Chinese went to the movies this summer alone. In recent months, China has rolled out new policies to reinvigorate consumption, boost the private sector and attract more foreign investment, which are gradually paying off.

Things are best appreciated when one takes a long-term view. The fundamentals sustaining China’s growth in the long run have not and will not change. Choosing China is to embrace opportunities and secure the future. In a globalized era, everyone is interconnected. All countries are in the same boat. The notion that other countries could economically collapse while one still thrives is utter fantasy. Pulling together is our only choice.  

Over the months, I have engaged extensively with friends old and new from various sectors. Here is my impression: while a lot has changed in China-U.S. relations, the fact that we are interdependent has not changed. We still share extensive common interests and important common responsibilities. The Earth is big enough for China and the United States to develop respectively and prosper together.

Nor has the international community’s expectation for a generally stable China-U.S. relationship changed. China and the United States are the two largest economies and nuclear-weapon states. Any conflict or confrontation between us would produce no winner, and would be the last thing the world wants to see. A “new Cold War” would only be a tragedy for the entire humanity.

To our encouragement, under the guidance of our leaders and with our joint efforts, the China-U.S. relationship has seen some positive signs of stabilizing. Progress has been made in enhancing dialogue and cooperation. In particular, the two sides have agreed to return to the Bali agenda, and implement the important common understanding reached between President Xi Jinping and President Biden…

Of course, we still face serious difficulties and grave challenges in the bilateral relationship, and there is still a long way to go to stabilize and improve our relations. The key is to find the right way for China and the United States to get along in the new era. The three principles outlined by President Xi Jinping, namely, mutual respect, peaceful coexistence and win-win cooperation, have pointed us in the right direction. 

— Mutual respect is the prerequisite for our interactions. China does not interfere in U.S. domestic affairs and does not bet against the United States. In the same vein, we hope the United States will also respect our sovereignty and territorial integrity, properly handle important, sensitive issues such as the Taiwan question in line with the principles of the three joint communiques, and respect the Chinese people’s choice of development path and political system and right to a better life.

— Peaceful coexistence is the red line we must keep to. Any war, cold or hot, trade or technological, should be avoided. Sanctions on Chinese entities and individuals should be stopped.

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“Pan African Visions” Freeman Interview: The Newly Expanded BRICS Has Indelibly Changed The Universe-Ethiopia and Africa

For almost three decades, Lawrence Freeman, an American Political Economic analyst for Africa has been voicing critically against the west’s approach towards its economic relation with the developing world especially Africa. After creating his website entitled, www.lawrencefreemanafricaandtheworld.com he has been lobbying for economic interventions that liberate Africa from poverty and has been suggesting ways that African policy makers should adopt in order to sustainably address the economic problems of Africa. During his latest interview with The Ethiopian Herald in connection with the BRICS summit in South Africa, he said that he is happy to see one of his dreams, for which he fought for about a generation, has come true. Enjoy reading the detail!

September 26, 2023

The interview below is reprinted from Pan African Visions

Read: BRICS-alliance-challenges-the-old-order

Question: How The BRICS Alliance Challenges The Old Order

Lawrence Freeman: The addition of Ethiopia with over 115 million people, and Egypt with over 105 million people strengthens Africa’s hand in BRICS , says Lawrence Freeman.
For almost three decades, Laurence Freeman, an American Political Economic analyst for Africa has been voicing critically against the west’s approach towards its economic relation with the developing world especially Africa. After creating his website entitled www.laurencefreemanafricaandtheworld.com, he has been lobbying for economic interventions that liberate Africa from poverty and has been suggesting ways that African policy makers should adopt in order to sustainably address the economic problems of Africa. During his latest interview with The Ethiopian Herald in connection with the BRICS summit in South Africa, he said that he is happy to see one of his dreams, for which he fought for about a generation, has come true. Enjoy reading the detail!

Question: How do you see the course that BRICS has passed through so far?

Freeman: The BRICS now has already emerged and is now accelerating its institution as an alternative to the western view of the world, and the Western political economic system that gives now called a new rules based international order. And that unipolar Western domination is now ending. And the BRICS is a very strong, emerging alternative. And as you know, an additional six countries have been invited to join the BRICS beginning 1st of January 2024. And of those six countries, Ethiopia is one of those countries, and Egypt is another. And therefore, out of the 11 nations, that will be BRICS members three of them will now be from Africa. So, this is very good news for Ethiopia, for Africa, and for the World Development.

Question: Two more African countries are now invited to join BRICS. How do you see the representation of Africa in the bloc?

Freeman: What is clear now is the addition of Ethiopia, which is over 115 million people, and Egypt, which is over 105 million people. You’ve now two very important countries added to the bloc, the second and third most populous countries of the African nations, and together with the existing member of South Africa.

So this is a very powerful representation, because these countries represent very significant pillars of the African continent.

Now, Ethiopia has been a leading nation in terms of driving economic development, not only in the country of Ethiopia, but really implicitly for the whole continent. Because of the Grand Ethiopian Renaissance Dam, which is going to produce 5,150 megawatts within two years. This dam will also lead to a great development in the Horn of Africa, East Africa, and Nile Basin nations.

Egypt has also been expanding its economy. It’s building nuclear power plants. It has built industrial complexes along the Nile River. And so these two additions, plus South Africa, which is the most industrialized nation on the continent, these three represent a very significant force for change and economic development in Africa. And the BRICS now has made it clear that they’re going to build the New Development Bank (NDB), which was set up after the BRICS; the NDB is going to be increasing its lending and 30% of its new lending will be in local currencies. So what we’re seeing is the domination of the dollar and the domination of the rules based order are now being said really weakened.

And we’re already in or approaching to the post unipolar Western dominated world. And BRICS is going to be one of the most central institutions in making those kinds of dynamic changes for world economic development. And of course, for Africa, with the level of poverty that exists on the continent, this could be a game changer.

Question: Do you think there will be a confrontation with other contending blocs now that BRICS is expanding by more than double?

Freeman: There is the danger of the West, taking measures against the BRICS, they have been organizing against the BRICS consistently. In fact, I found it very revealing that even days before the BRICS summit, which was the 22nd 23rd, and today to 24th, the whole western establishment in Western media was talking about how unimportant the BRICS summit was, and how it was much to do about nothing. And of course, they were just expressing their fear. Because if you ask China and other countries, they will tell you that they need oil. But they’re not just taking oil, they are building infrastructure and expanding the markets.

And the West has basically lost a level of its thinking capability, because rather than adjusting itself to these new developments; they’re trying to maintain the old developments. If, these BRICS countries, that are now growing to 11 increase the trade among themselves, if they’re increasing the investment among themselves, if they are building important infrastructure, manufacturing capabilities, and expand their markets, that each one of them can be selling to the other then it is given that the thing is going to be more and more dominated outside of the dollar, it’s going to be conducted in local currencies. So, if the West, my United States, was more intelligent, we would be oriented toward also being part of the changes but the geopolitical mindset have always been on top and is in control, and the hegemony is preventing the west from thinking clearly.

The BRICS is a reality; just like the Belt and Road Initiative is a reality. It’s not going to be put back in the bottle, as we say. And it’s a potential for real growth, and energy for infrastructure and energy for manufacturing development projects.

It would be beneficial to all the countries involved, and the sooner the West, and the Secretary of State Blinken and President Biden and others wake up to this new reality, the better the world would be. We are facing a dangerous situation in Niger, West Africa, which I know well, is a sign of the same dynamic that you’re having. West African countries are rejecting colonialism; the French control over their economy, and are also rejecting military intervention. The coups are driven by the fact that the country is poor. One has to know the fact that there is only 3% of the Niger population accessing electricity. Less than 50% of the African continent has electricity access. Development is the most important aspect of the relationships with the BRICS. And the West does not or refuses to understand this vivid fact.

Question: How should African countries work in collaboration with BRICS as an alternative source of finance, market?

Freeman: One good thing is, they’re now going to be capable of having access to loans from the BRICS New Development Bank, and the NDB set up in 2015. So now this NDB is going to increase its loan portfolio. And it means that these countries may have an opportunity to get these loans. Now, these loans do not contain the conditionality that the IMF and World Bank attaches with. And the mindset of the BRICS, Brazil, Russia, India, China, South Africa, is the global south has to be developed.

The BRICS has already represented about a third of the GDP worldwide, about 40% of the global population. So, both those figures are going to increase. So, the reality is that the African nations are joining a new dynamic in a world that is going to offer them with the new opportunities. Don’t forget, Africa is suffering; people are dying every day, because of a lack of electricity, and a lack of manufacturing capability. Those two things had been denied to the nation’s economies of Africa, this now gives an opportunity to change. But the West has never wanted to see this kind of economic development, in manufacturing, in particular, and electricity. Those two things are addressed along with a plan for high speed integrated rail, which I’ve also written about it on my website, those things will change or transform the African continent, and this is the way to eliminate poverty.

And if you eliminate poverty, you can eliminate instability. The reason is a lack of security in many countries, especially on the Sahel is because there’s no development, because people live like beasts, forced to live that way without the basic qualities of life. And so if you transform that, you can transform the entire political economic security situation. So, Egypt is all the way up in the north of the continent. It has an effect on the whole Sahel region. Ethiopia is right there in the center of East Africa, is the largest economy in East Africa. This could obviously affect a number of countries, Kenya, Djibouti and Sudan. And then you have South Africa in the very tip in the south. And if we expand the relationships, if we build the high speed railroads, if we expand the electricity, if we build manufacturing centers, we can see a whole different Africa.

Now, the BRICS, can’t do that overnight. But as they expand their lending capability, and also complementary is the Belt and Road Initiative, over a period of time, we can see a significant change in the lives of Africans and that their material standard of living. So now, three of the 11 nations of the BRICS are African nations, because that’s already a very sizable bloc within the BRICS itself. So I’m very optimistic about the potential and I’m very happy and excited for Ethiopia, because Ethiopia, if it gets this kind of new economic relations with the BRICS, then more of the desire and potential of Ethiopian economy can be realized, which is what I’ve been advocating for over 10 years.

Question: What kind of challenge do you expect for the newly invited countries in the course of joining BRICS?

Freeman: They will become official members of BRICS in about four months. And what we need to do for Ethiopia, especially all the countries involved in Africa, is long term low interest. What I mean is 2% to 3% long term interest rates on 15 year loans, government backed loans, or government supported loans for infrastructure. We need to be building an additional 1000 gigawatts of power on the continent. We need to have a high speed rail system that connects every port, every major city, every major industrial center, and every major agricultural center, connects the continent so that we can do the merger of Africa. Failing to have this infrastructure and have this manufacturing capability is the biggest weakness which is observable now. And only 13% to 15% of trade from African countries is among African countries, they’re exporting 85%. The African countries are importing 40 billion and plus dollars’ worth food commodities. The fact is that there is no reason for Africa to become self-sufficient in food. But Africa also needs the infrastructure, and it needs manufacturing.

So there’s a lot of potential, how aggressively would the BRICS proceed, I don’t know. But if they’re going to proceed as aggressively as possible, in effect, Africa can become a different place. All in all, the changes that are going on in West Africa are really part of the same process. The rules based order is no longer, hegemonic. The world is not unipolar. And therefore, that gives us potential for transformational change in Africa.

Question: How do you think developing countries including Africa maintain their ties with the west in the middle of the possible rift that could happen between BRICS and the other blocs?

Freeman: I suggest African countries have to understand this. There is no reason and there’s no benefit to attacking the West, head on. What these countries will be doing is that they will maintain their relations with the West. But they will not be forced to submit to the conditionalities of the West. And they want to drive out the last vestiges of colonialism. So, you have the French controlling 14 countries’ economies in Francophone Africa to a new form of colonialism. We have 1500 French troops in Niger, we have 1200 American troops. We have six bases in just Niger alone, that we’ve helped build. We’ve spent billions and billions of dollars on the so called counterterrorism.

What we now have to do is we have to spend billions and billions of dollars on development. So the African countries will say, we are open to working with everybody.

We will work with the West, we will work with the Global South. But we’re going to only work in ways that build our nations.

You had a very interesting statement from Naledi Pandor, who is the equivalent of foreign minister of South Africa last month when she met with her counterpart from the Democratic Republic of the Congo, [ And she said do not accept any investment that does not include manufacturing in your own country, and I agree with her 110%, then there should not be. The African nations now also have to expand their energy. And that means they should burn and use their natural resources. That means coal; that means oil; that means gas; that means hydro. And it means expanding nuclear energy, with the help of Russia, China and India will help in this regard. And they have to be and they’re not going to accept the dictates of the bank, the Western banking system that says, No, we’re not going to lend you money, unless you stop burning fossil fuels. And the African countries have said clearly, we are going to go ahead and burn our fossil fuel because we need energy to keep our people have a fulfilling life. So I don’t think the Asian countries in general are not going to be confrontational, but they no longer have to submit to the dictates of the rules based order.

Question: What do you think the countries of the West should do to maintain their relations with BRICS and developing countries?

Freeman: This is a very interesting question I’ve been writing and speaking about this. The problem that the West has, take the United States, for example, is that it is dominated by a geo political ideology. And this ideology says that the world is fixed, doesn’t grow. And therefore, the only way for superpowers to exist, they have to be on top, they have to be in control, called the zero sum game, everything has to add up to zero. So if I’m on top, you’re going to be on the bottom. If I am on the bottom, then you’re going to be on top. And this mentality is completely destructive. Now that mentality, that ideology, which is perverse, in my view, is under attack, because the reality of the universe we live in, has changed as you and I have been discussing.

So now, the world as a result of this BRICS summit and the changes in the BRICS configuration is a new factor in reality. It cannot be changed back in the west now, either they have to become aware of that and reflect on your policies and change their policies to pro development policies for these emerging markets, or the West will be left out of it or gets to military confrontation. So , can the West adjust? Can the West, think? Can people like the Secretary of State Blinken and Biden, think and reflect that the policy they’ve been advocating has failed? I don’t know if they’re going to do that. But that’s what they have to do. If they want to remain relevant in the world, and not push the world to military confrontations or impossible nuclear wars we’re seeing with Ukraine and Russia, whether they will actually have the ability to rethink and understand the errors of the ways is a very interesting question are going to see over the next several months, but the reality has changed, and that fact, can no longer be denied as much as the media would like to.

Now the 11 nations in the BRICS are representing larger and larger portions of the world economy in the world’s population, a large percentage of those almost 30% now of African nations, this represents a new reality. This represents a new dynamic. As we speak, the world has already changed. So now we have a new potential. And it is up to leaders of these African nations, and leaders of the BRICS, and leaders of other global south nations, to make these new realities, new potentials come about to realize that and to organize them around a new paradigm of economic order for development. And that is something very exciting. Something I’ve been fighting for 30 years, and I’m very happy to see the progress we’re making. And the reality has now changed as of today.

Thank you very much for your time!

You’re most welcome!

Culled from the September Issue of PAV Magazine and published Courtesy Of ZEKARIAS OLDEMARIAM, THE ETHIOPIAN HERALD SATURDAY 26 AUGUST 2023

Read my earlier post: BRICS Offers New Potential for Africa & The World: The Human Race Will Benefit

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BRICS Offers New Potential for Africa & The World: The Human Race Will Benefit

August 26, 2023

The just concluded BRICS Summit in South Africa, has changed our planet and implicitly the universe. This change cannot be reversed. It is the consequence of adding Ethiopia, Egypt, Iran, Saudi Arabia, United Arab Emirates, and Argentina to the BRICS, beginning in January 2024. This expansion of the BRICS to eleven nations, which already comprised 40% of the world population, and is expected to reach 32.1% of the global GDP this year, larger than that of the G-7 nations, cannot be disregarded. It is a new reality for our civilization. Obviously, as a result of its doubling of participating nations, the BRICS will experience significant growth beginning next year.

The new expanded BRICS definitely ends the control by the West’s “rules-based order.”  There is now an alternative global institution not under the thumb of the so called advanced sector nations and their IMF-World Bank financial system. A new global potential has emerged, one rooted in the commitment by “South -South” nations to fully develop their economies. The BRICS, unlike the geopolitical ideologues of the West, will bring forth a new paradigm of development in political-economic relations among nations.

A new dynamic now exists on our planet which is the culmination of the progression of the BRICS from its initial embryonic form to a universal institution. The BRICS came into existence in 2009 , and its own New Development Bank, five years later. Despite all the naysayers, critics, and those who called this recent BRICS Summit “much ado about nothing.” The BRICS is here to stay and is expanding.

We should all take a moment to celebrate this accomplishment, but not for too long. We have to get back to work, and make sure we realize the full potential of this new factor of change that has altered our universe. To my friends and collaborators, who have labored with me to improve the living conditions of the people of Africa, I anticipate a special joy, knowing that in a few months, three of the eleven BRICS nations will be from the African continent.

“BRICS expansion game changer for Africa” Lawrence Freeman

THE ETHIOPIAN HERALD, ADDIS ABABA, August 26, 2023

The invitation of Ethiopia and Egypt to BRICS membership gives Africa a very powerful representation in the new bloc and could be a game changer for the continent, says American political economy analyst.

“This is very good news for Ethiopia, for Africa, and for World Development”, added Lawrence Freeman, a political analyst of African affairs.

He further explained that he is optimistic and excited over Ethiopia’s membership of the new bloc as this kind of new economic relations with the BRICS would help it obtain more resources to realize more of its desire and potential of economy.

“This is what I’ve been advocating for over 10 years” Freeman noted.

According to him, the BRICS expansion is a new paradigm or dynamics in the world while the changes that are going on in West Africa are also part of the same process, Freeman stressed.

Out of the 11 nations in the BRICS, a bloc that represents larger portions of the world economy and the world’s population, almost 30% are African nations; this represents a new reality or a new dynamic.

The rules based order is no longer, hegemonic and the world is not unipolar, he noted adding “that gives us potential for transformational change in Africa”

The African nations and the whole global south no longer have to bow to the rules based order, according to Freeman.

The BRICS is now accelerating its institution as an alternative to the western view of the world and the Western political economic system that gives a new, rules-based international order.

“And we’re already approaching the post unipolar Western dominated world. And BRICS is going to be one of the most central institutions in making those kinds of dynamic changes for world economic development” Freeman indicated.

Concerning the way African countries can benefit from the expansion of BRICS membership, he said that it is up to leaders of these African nations, and leaders of the BRICS, and leaders of other global south nations, to make these new potentials come about to realize that and to organize themselves around a new paradigm of economic order for development.

And the BRICS now has made it clear that they’re going to launch an expansion of their New Development Bank, the NDB, which is going to be increasing its lending. And 30% of its new lending will be in local currencies. Freeman further noted that African countries are now going to be capable of having access to loans from the do not contain the conditionality that the IMF and World Bank loans do.

“And that is something very exciting. Something I’ve been fighting for 30 years, and I’m very happy to see the progress we’re making. And reality has now changed as of today” Regarding the future ties of BRICS, developing countries with other blocs, Freeman stressed that the changes in the BRICS configuration is a new factor in reality and cannot be changed back.

Therefore he noted, the West now has to become aware of that and reflect on their policies and change their policies to pro development policies for these emerging markets, he reiterated.

 BY ZEKARIAS WOLDEMARIAM

Read my full interview below

Watch Interview With Lawrence Freeman on BRICS Summit  

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com.

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China Unequivocally Supports Ethiopia’s National Reconstruction, Industrialization, and Modernization of Agriculture

July 24, 2023

These statements from China’s leading diplomat, Wang Yi’, in his meeting with Ethiopia’s Prime Minister, Abiy Ahmed, and Deputy PM, Demeke Mekonnen, make abundantly clear, China’s commitment to assist in the economic development of Ethiopia. This is essential to bring peace and stability to the Horn of Africa.

On July 21, 2023, Wang Yi, member of the Political Bureau of the Central Committee and director of the Central Foreign Affairs Office, visited Ethiopia on his way to South Africa to attend the meeting of the BRICS High Representatives on Security Affairs, and Ethiopian Prime Minister Abiy met with Wang Yi in Addis Ababa.

Mr. Abiy spoke highly of the great achievements of socialism with Chinese characteristics and appreciated China’s determination to follow the development path in line with its own national conditions and its rapid economic and social development, which has set an example for developing countries. Ethiopia will never forget the strong support given by China when it faced difficulties and regards China as a great and reliable friend. Ethiopia is willing to learn from China’s development concepts and experience, and strive to realize self-sufficiency in agriculture and rapid economic growth, and promote green and sustainable development. Ethiopia abides by the one-China principle, supports China’s position in international affairs, actively participates in the construction of the “Belt and Road”, and is willing to work closely with China on mutually beneficial cooperation in various fields to promote greater development of relations between the two countries.

Wang Yi said that Ethiopia is a major African country with significant influence. China and Ethiopia are comprehensive strategic partners with each other, the two countries have common goals and common pursuits, and have carried out fruitful cooperation under the framework of building the “Belt and Road” and the Forum on China-Africa Cooperation (FOCAC), which is at the forefront of China-Africa cooperation. China values its traditional friendship with Ethiopia, firmly supports its domestic reconstruction and economic recovery, and is willing to further explore the potential of cooperation with Ethiopia to help it accelerate industrialization, modernize agriculture and explore green and low-carbon development. China encourages strong and reputable enterprises to invest in Ethiopia, and is willing to play an active role in alleviating the debt pressure on Ethiopia. We hope that Ethiopia will actively create a favorable business environment.

Wang Yi said that China’s cooperation with Africa is an important part of South-South cooperation and mutual support and assistance among friends. China has never interfered in the internal affairs of other countries, never attached political conditions and never sought geopolitical self-interest in its cooperation with Africa. China is willing to work with African countries, including Ethiopia, to strengthen cooperation in trade and investment, green development, digital economy, health and sanitation, and continuously create a new situation for China-Africa cooperation.

On July 21, 2023, Director of the Central Foreign Affairs Office (CFA) Wang Yi met with Ethiopian Deputy Prime Minister and Foreign Minister Demeke in Addis Ababa.

Wang Yi said that China and Ethiopia are good brothers who care for each other’s guts, good friends who watch out for each other, and good partners in common development. China has stood with the people of Ethiopia at the critical moment of safeguarding national peace and stability, and will continue to stand with the people of Ethiopia as it enters a new phase of peace restoration and national reconstruction. China firmly supports Ethiopia in safeguarding national sovereignty and territorial integrity, supporting Ethiopia’s commitment to national unity and stability, and supporting Ethiopia to play a greater role in regional and international affairs, and is willing to continue to strengthen strategic collaboration with Ethiopia, deepen practical cooperation in various fields, and work together to safeguard the fundamental interests of the two countries and the common interests of developing countries, and to maintain the basic norms of international relations.

Wang Yi said that China has great potential for cooperation with Ethiopia. China is willing to strengthen high-level exchanges with Ethiopia and exchanges at all levels in all sectors, support strong and reputable enterprises to invest in Ethiopia, accelerate the implementation of key cooperation projects, expand the scale of bilateral trade, and help Ethiopia to promote industrialization and modernization of agriculture and improve its capacity for independent development. It is hoped that Ethiopia will take practical and effective measures to ensure the safety of Chinese organizations and personnel. China is willing to work with Ethiopia to promote the implementation of the “Horn of Africa Peaceful Development Concept” and support Africans to solve African problems in an African way.

Demeke said Ethiopia has a long history of relations with China and is firmly committed to strengthening cooperation with China at bilateral, regional and multilateral levels. Ethiopia is grateful to China for its help in maintaining national security and stability, and looks forward to China’s support for the consolidation of peace, reconstruction and economic revitalization of Ethiopia, as well as the global development initiative, global security initiative and global civilization initiative put forward by China, and is willing to strengthen all-round exchanges among the government, political parties and enterprises with China, and deepen the mutually-beneficial cooperation in the field of trade and economic cooperation. Ethiopia firmly opposes the use of human rights as a tool to interfere in the internal affairs of developing countries, actively supports participation in collective cooperation among developing countries, and is willing to work with China to implement the “Horn of Africa Peaceful Development Concept” to promote regional peace and prosperity.

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. He is also the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

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China & Freeman Agree With The African Charter: “Economic Development is a Human Right

June 24, 2023

s succeeded in lifting three quarters of a billion of its people out of poverty; a feat that the Western financial institutions could not accomplish with their monetarist policies. This has been achieved through a dedicated effort by the Chinese government over several decades. Should not concerned nations in the West, collaborate with China to eliminate poverty worldwide, as a shared common mission?

U.S. Has lost Its Vision for Development

As the U.S. vision for the world has shrunk and its culture corrupted, we have produced no statesman, much less a visionary leader, who can articulate a policy for uplifting humankind. There are no Kennedys, Roosevelts, or Lincolns, in the political class of America today. As a result, the notion of developing other nations, (much less our own) has virtually vanished from the American lexicon, and U.S. strategic policy. Tragically for the U.S. and the rest of the world, the diseased doctrine of geopolitics has become the dominant ideology in formulating foreign policy. In this warped creed, might makes right, and the desire to remain on top dominates, in a belief structure of a fixed zero-sum world. In this perverted mind-set, what drives a nation’s foreign policy is the thirst to maintain its power.

Demands for so called human rights, good governance, and the insistence for Western structured democracy, are not only terribly flawed, but in fact, have been used  as weapons to bludgeon nations into accepting the dictates of the “rules-based international order.” This is the new term for geopolitical control by the West, with its unipolar view of the world, following the demise of the Soviet Union. China and Russia are wrongly viewed as enemies of the U.S. However, it should be understood that China and Russia China, along with an increasing number of nations in the expanding non-align movement are indeed a threat to the hegemony of the “rules-based order.

Again, I agree with Zhang Weiwei: “Only through development can poverty be eliminated, and the root causes of many conflicts be removed.” Allow me to extendthis line of reasoning by stating unequivocally: poverty is the enemy of human rights, the enemy of democracy, and the enemy of peace and stability.

Democracy and human rights are a cruel illusion: when almost half of one’s nation lives in poverty; when the majority of the citizens have no access to electricity; when mothers have to search for food each day to feed their children; when the lack of productive jobs forces young men and women to hustle for survival in the informal economy; and when families believe they have no long term economic security for the future.  

Democracy is more than voting every four years. Democracy requires that its citizens have the material standard of living and leisure time to inform themselves  so they can intelligently discuss and debate national policies that will impact the present and future of their nation. Electing candidates who will offer a meaningful and dignified life for its people, and hope for the future, requires a society with a culture that fosters a thinking citizenry. What makes us human is our creative imagination that allows us to discover the laws of the universe. Thus, each human being should have a rising standard of living that provides for one’s material needs and the freedom to nurture the creative potential of their mind.

Why isn’t the right to electricity a human right? Why isn’t the right to have a productive job a human right? Why isn’t the right to a quality education a human right? These omissions from the mantra of the “rules based order,” and the U.S. State Department, are glaring and fatal.

Common Aims of Humankind

A nation’s foreign policy towards other nations is clear and elementary, if one understands this crucial principle: all people share a universal similarity as members of the human species, who are uniquely endowed with the potential of creative reasoning. Thus, the interest of each nation is the same: the material and spiritual development of each of its citizens. Therefore, it is in the self-interest of each nation to cooperate with other nations to foster the enrichment of the mind, soul, and body of every human being. From this higher understanding of civilization, we redefine a nation’s relationship to the rest of the world, away from geopolitics to one of collaboration in creating a new paradigm based on economic development

It has not always been the case that U.S. foreign policy towards developing nations excluded economic development. President Franklin Roosevelt was appalled at the conditions of Africans living in British controlled colonies. Prime Minister Churchill was furious when President Roosevelt confronted him with this ugly reality. Elliott Roosevelt, President Roosevelt’s son, who was present at many of his father’s meeting with the Prime Minister, reports in his book, As He Saw It, their diametrically opposed view on colonialism.Elliott Roosevelt recalls a heated conversation, when his father told Churchill, that after the war he intended to dismantle the British Imperial system. President Roosevelt also told his son of his intention to help turn the Sahara Desert green with vegetation.

Sixty years ago, a young President, John Kennedy, reversed his predecessor’s  aloofness towards Africa, and embraced the newly independent African nations. He made a commitment to assist in modernizing and industrializing their underdeveloped economies. This was most evident in President Kennedy’s agreement with Ghana President, Kwame Nkrumah, to support the construction of the Volta River Dam project. To this end, the Kennedy administration provided a $40 million loan for the hydroelectric dam and bauxite smelting manufacturing facility to produce aluminum.

 

When in the last five decades has the U.S. led any effort to assist an African, or developing nation, in significantly expanding its manufacturing capability?

In examining whether a nation’s foreign policy is successful or not, the criteria is  obvious, and one that I have long ago adopted. Does it result in an improvement in the conditions of life? Does it lead to a reduction of poverty? If it does not, the policy should be discontinued, and replaced with a strategy to increase the production of physical economic wealth for the benefit of the people.

It is well past time for the “rules-based order” to be replaced with principles that benefit humankind. Principles are always superior to rules.

Read my earlier post: My Thoughts: Poverty & Ethnicity Kill Democracy in Africa

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. He is also the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

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China Fully Engaged in Africa for 2023-The Future is Trade Not Debt

The spaceport, expected to include seven satellite launch pads and three rocket testing pads, will be the first orbital spaceport on the continent.

Africa is entering a very exciting period in which it is asserting its scientific and engineering capabilities. Humankind’s exploration of space is the highest form of human discovery of the universe, and introduces into society new advanced technologies. With the completion of Ethiopia’s Grand Renaissance Dam in 2025, a scientific-engineering marvel, and the creation of Djibouti’s spaceport in five years, Africa is demonstrating its leadership for the 21^st century, and creating the scientific foundation  for economic growth. This is true sceintific-economic progress for the nations of Africa, whcih should make all poeple, of all nations happy. 

 Janary 23, 2023, Quartz Africa Weekly

Excerpts follow:

Africa could soon get a new spaceport after Djibouti signed a partnership deal with Hong Kong Aerospace Technology to build a facility to launch satellites and rockets in the northern Obock region.

According to the preliminary deal, the Djibouti government will “provide the necessary land (minimum 10 sq km and with a term of not less than 35 years) and all the necessary assistance to build and operate the Djiboutian Spaceport.”

The $1 billion spaceport project will also involve the construction of a port facility, a power grid and a highway to ensure the reliable transportation of aerospace materials.

The deal’s signing was presided over by the president of Djibouti, Ismail Omar Guelleh, and the project is set to be completed in the next five years.

The spaceport is a massive milestone for Africa, making it the first orbital spaceport on African soil.

 

The Djibouti spaceport project

According to Victor Mwongera, Head of the Department of Mechanical Engineering at Kenyatta University, the projection will avail a launch base that will serve all Africans.

“It will push eastern Africa off the sleeping state as far as active development of space-based innovations are concerned,” he explained.

Trial and small-scale launches have been executed in Africa in the past, including the Italian-operated Broglio Space Centre (San Marco) in Malindi, Kenya and Algeria’s Reggane.

Mwongera sees the expansion of Africa’s space industry—with a number of African countries already building and operating their own microsatellites—as a growing trend.

“It has taken time but we needed time as a continent to be ready for this age. Now that we are ready, you are seeing the number is increasing and it is bound to increase further,” he said.

Africa’s space industry is a billion dollar sector

According to the 2022 annual sector report of research firm Space in Africa, the value of the African space and satellite industry has risen to more than $19.6 billion.

The charge is fuelled by 14 countries that have launched 52 satellites into space.

South Africa, Egypt, Algeria, and Nigeria have the highest number of satellites in space as of 2022, each having launched more than five satellites.

Mwongera explained that east African countries are well positioned to harbor more spaceports, due to their proximity to the equator.

The original version of this article was published by bird-Africa no filter.

Read my ealier posts below:

GERD: Utilizing the Blue Nile to Create Energy for Development in Ethiopia & The Horn of Africa

Science and Technology Will Transform Africa: Ethiopia to Launch New Satellite in 2019

China & the US Can End Poverty by Exploring Space: Africa Gains

July 24, 2023

On July 21, 2023, Wang Yi, member of the Political Bureau of the Central Committee and director of the Central Foreign Affairs Office, visited Ethiopia on his way to South Africa to attend the meeting of the BRICS High Representatives on Security Affairs, and Ethiopian Prime Minister Abiy met with Wang Yi in Addis Ababa.

The spaceport, expected to include seven satellite launch pads and three rocket testing pads, will be the first orbital spaceport on the continent.

Africa is entering a very exciting period in which it is asserting its scientific and engineering capabilities. Humankind’s exploration of space is the highest form of human discovery of the universe, and introduces into society new advanced technologies. With the completion of Ethiopia’s Grand Renaissance Dam in 2025, a scientific-engineering marvel, and the creation of Djibouti’s spaceport in five years, Africa is demonstrating its leadership for the 21^st century, and creating the scientific foundation  for economic growth. This is true sceintific-economic progress for the nations of Africa, whcih should make all poeple, of all nations happy. 

 January 23, 2023, Quartz Africa Weekly

Excerpts follow:

Africa could soon get a new spaceport after Djibouti signed a partnership deal with Hong Kong Aerospace Technology to build a facility to launch satellites and rockets in the northern Obock region.

According to the preliminary deal, the Djibouti government will “provide the necessary land (minimum 10 sq km and with a term of not less than 35 years) and all the necessary assistance to build and operate the Djiboutian Spaceport.”

The $1 billion spaceport project will also involve the construction of a port facility, a power grid and a highway to ensure the reliable transportation of aerospace materials.

The deal’s signing was presided over by the president of Djibouti, Ismail Omar Guelleh, and the project is set to be completed in the next five years.

The spaceport is a massive milestone for Africa, making it the first orbital spaceport on African soil.

 

The Djibouti spaceport project

According to Victor Mwongera, Head of the Department of Mechanical Engineering at Kenyatta University, the projection will avail a launch base that will serve all Africans.

“It will push eastern Africa off the sleeping state as far as active development of space-based innovations are concerned,” he explained.

Trial and small-scale launches have been executed in Africa in the past, including the Italian-operated Broglio Space Centre (San Marco) in Malindi, Kenya and Algeria’s Reggane.

Mwongera sees the expansion of Africa’s space industry—with a number of African countries already building and operating their own microsatellites—as a growing trend.

“It has taken time but we needed time as a continent to be ready for this age. Now that we are ready, you are seeing the number is increasing and it is bound to increase further,” he said.

Africa’s space industry is a billion dollar sector

According to the 2022 annual sector report of research firm Space in Africa, the value of the African space and satellite industry has risen to more than $19.6 billion.

The charge is fuelled by 14 countries that have launched 52 satellites into space.

South Africa, Egypt, Algeria, and Nigeria have the highest number of satellites in space as of 2022, each having launched more than five satellites.

Mwongera explained that east African countries are well positioned to harbor more spaceports, due to their proximity to the equator.

“At the equator… there is minimal energy required,” he said.

The original version of this article was published by bird-Africa no filter.

Read entire article: Africa Will Get A New $1 Billion Spaceport in Djibouti

Read my ealier posts below:

GERD: Utilizing the Blue Nile to Create Energy for Development in Ethiopia & The Horn of Africa

Science and Space Exploration Essential For Africa’s Economic Growth

Science and Technology Will Transform Africa: Ethiopia to Launch New Satellite in 2019

China & the US Can End Poverty by Exploring Space: Africa Gains

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. He is also the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

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BRICS not a talking shop but a task-force that gets things done: President Xi Jinping September 3, 2017

In an address at the opening session of the BRICS Business Forum on Sunday, Chinese President Xi Jinping said the global economy is “still not healthy enough” and that economic globalisation is facing many uncertainties. 1200 industry representatives from the BRICS nations and other countries were in attendance at the Xiamen business forum. Brazilian President Michel Temer and South African President Jacob Zuma also attended the meeting. Responding to critics of BRICS, Xi said, although the five economies “have encountered headwinds of varying intensity but the growth potential and growth trends of these countries remain unchanged”.

“In the past 10 years, BRICS combined GDP has grown by 179%, trade by 94% & urban population by 28%,” Xi said on Sunday underlining the growing clout of the bloc. BRICS, Xi said, are not a talking shop but a task force that gets things done. “The New Development Bank and the contingency reserve arrangement have provided financing support for infrastructure building and sustainable development of the BRICS contributing to enhanced global economic governance and building an international financial safety net,” Xi noted. The $100 billion BRICS Contingent Reserve Arrangement (CRA) became fully operational following the inaugural meetings of the BRICS CRA Board of Governors and the Standing Committee in the Turkish capital of Ankara in 2015.

Aside from the BRICS Bank and the BRICS monetary fund, the bloc will also discuss a joint energy platform, according to Russian President Vladimir Putin. On Sunday, Xi reminded the audience that BRICS seek a multipolar world. “Our world today is becoming increasingly multipolar. The law of the jungle where the strong preyed on the weak and the zero sum game have been rejected,” Xi said. “BRICS cooperation is a natural choice made by our five countries. In the past decade, we, the BRICS countries, have surged ahead and become the bright spot in the global economy…BRICS future cooperation must be based on “treating each other as equals”, Xi said.

BRICS Summit 2017 Key takeaways from Chinese President Xi Jinping’s Speeech

# “I am convinced that as long as we take a holistic approach to fighting terrorism in all its forms, and address both its symptoms and root causes, terrorists will have no place to hide.”

# “Construction of a tall building starts with a foundation. We have laid the foundation and put in place the framework for BRICS cooperation.”

# “In terms of BRICS cooperation, decisions are made through consultation, not by one country. We respect each other’s model of development, accommodate each other’s concern and work to enhance strategic communication and mutual trust.”

#”Given the difference in national conditions, history and cultures, it is only natural we may have some differences in pursuing our cooperation. However, with a strong faith in cooperation and enhancing collaboration the BRICS countries can achieve steady progress in our cooperation.”

# “Leveraging our respective strengths and converging interests, we have put in place a leaders-driven cooperation framework that covers wide-ranging areas and multiple levels.”

# “BRICS countries should improve macroeconomic policy coordination, synergize development strategies, leverage strengths in industrial structure and resources endowment, and create value chains and a big market for shared interests to achieve interconnected development.”

# “We should blaze a new path which may also help other emerging market and developing countries to seize opportunities and meet challenges.”

# “The long road to global peace and development will not be a smooth one. More than 700 million people are still living in hunger, tens of millions of people have been displaced and become refugees, while many people, including innocent children, have been killed in conflicts.”

# “Global economy has resumed growth, with emerging markets and developing countries delivering a strong performance. A new round of technological and industrial revolution is in the making, and reform and innovation are gaining momentum.

# “We have enough reason to believe that our world will be a better place.”

# “We should push for an open world economy, promote trade liberalisation and facilitation, jointly create a new global value chain, and realise a global economic rebalancing.”

# Xi said he still had “full confidence” in BRICS countries’ development despite claims that the bloc’s relevance had faded due to slower growth.

# “The development of emerging market and developing countries won’t touch anyone’s cheese, but instead will diligently grow the world economic pie.”

Xi closed his 45-minute speech by saying that Beijing encouraged Chinese companies to continue going abroad, and “warmly welcomed” other countries’ firms to invest in the world’s second-largest economy.

5 banks of BRICS nations sign pact for credit lines:

BEIJING: Five banks of the BRICS Bank Cooperation Mechanism have agreed to establish credit lines in the national currencies and cooperate on credit ratings. The agreement was signed ahead of the BRICS (Brazil, Russia, India, China and South Africa) summit in China’s Xiamen city tomorrow in which leaders of the five countries, including Prime Minister Narendra Modi are scheduled to take part.  “Brazilian Development Bank (BNDES), Vnesheconombank, Export-Import Bank of India, China Development Bank and Development Bank of South Africa (DBSA) have signed an agreement to establish credit lines in the national currencies, as well as a memorandum of cooperation on credit ratings,” Russian news agency TASS Reported.

The Chinese official said “the decision was taken in order to bolster further cooperation.” The agreement on credit ratings reportedly enables them to share information about internal credit ratings and rating assessment.

Zuma highlights SA’s plans for development at BRICS Summit

Sunday 3 September 2017: Tshepo Phagane: President Jacob Zuma has appealed for increased intra-BRICS trade to counter the negative impact of the global economic slowdown.  The President was delivering a speech at the 9th Brazil, Russia, India, China, South Africa (BRICS) business forum in the Chinese coastal city of Xiamen.  China and India remain the two fastest growing largest economies in the BRICS grouping. 

In recent years the other three member-countries Brazil, Russia and South Africa have been experiencing slow growth largely driven by external factors such as weak global trade, decline in commodity prices, and tightening global financial conditions. President Zuma has made an impassioned plea for more foreign direct investment flows towards struggling economies like South Africa. “In as much as South Africa is endowed with natural resources, it is critical that we have in place beneficiation programmes that support our industrialization policy. It is in this regard, that we call upon our BRICS partners to collaborate with us in a few areas. This includes investing in supply and development programmes in Africa, skills development and technology transfer.

“We also wish to remind our Brics partners that given the history of institutionalised racism in South Africa, we continue to work hard to reverse the impact on the economy.” According to Zuma, South Africa has also set a plan to tackle the injustice and marginalisation of black people in the country.

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The New Name for Peace is Economic Development

Helga Zepp LaRouche

July 7, 2017

    I think that we are all aware that we are involved in the historically important process of trying to improve the relationship between the United States and China, in the context of the Belt and Road Initiative. It is especially important in the area of agriculture and food production, because this is an extremely urgent question. While at the G-20 meeting in Hangzhou last year, China and all the other participating nations devoted themselves to eradicate poverty by the year 2020, we have not yet reached that goal.

    Because of what China has been doing in Africa for the first time; building up huge industrial complexes.   Africans have a new sense of self-confidence, and they are telling the Europeans that: “We don’t want your sermons on good governance, we want to have investments in infrastructure, in manufacturing, in agriculture, as equal business partners.” {There is no substitute for Africans having their own manufacturing sector to help expand their agricultural output. }

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 New Report Debunks Myth of China Colonialism in Africa

Lawrence Freeman

July 3, 2017

     A new report, “Dance of the lions and dragons,” released by McKinsey & Co. supplies valuable information that exposes the lie of “China Inc” exploiting Africa and instead details the how private Chinese companies are providing jobs and training that is advancing economics growth in African nations.

     The following is included in McKinsey’s report:

*findings suggest there are more than 10,000 Chinese owned firms operating in Africa.

*31 percent Chinese companies are involved in manufacturing, estimated to be 12 percent of Africa’s industrial production-valued at $500 billion a year. These firms serve domestic markets with 93 percent of revenues from local or regional sales.

*these Chinese firms claim nearly 50 percent of Africa’s internationally contracted construction market.

*74 percent of Chinese firms are optimistic about the future.

*over 1,000 companies interviewed, 89 percent of employees were Africans, adding up to over 300,000 African jobs. Extrapolating to all 10,000 Chinese owned businesses, several million Africans are already being employed by these firms. Chinese SOEs employ an 81 percent African workforce.

*44 percent of local mangers of Chinese owned businesses surveyed were Africa, with some firms at 80 percent.

*with a “business as usual” model in the three industries dominated by Chinese firms–infrastructure, manufacturing, and resources–Chinese firms in Africa would grow from $180 billion in revenues today to $250 billion in 2025, By expanding aggressively into new sectors, revenues could reach $440 billion in by 2025.

*In Ethiopia 62 percent of nearly 700 Chinese firms are manufacturing.

*Chinese commitments to infrastructure amount to $21 billion, more than the combined total the African Development Bank, European Commission, World Bank, International Finance Corporation and the G-8 nations.

     While I do not agree with all of the report’s recommendations, it is clear that China has done more to transform Africa than all Western nations. However, given the huge infrastructure deficit in Africa, there is no zero-sum limit, and no competition for limited markets. China’s New Silk Road provides an opportunity for Africa, the United States and Europe to collaborate with China in creating an economic renaissance for the people of Africa.

Read: Dance of the lions and dragons

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THE BELT AND ROAD INITIATIVE: A New Trajectory for Mankind

by William Jones

June 30, 2017

When China’s President, Xi Jinping,announced the Silk Road Economic Belt project in September 2013, it took the world by surprise. But it didn’t come totally out of the blue. Anyone closely following events in the region would have known that there were a number of strands that had been coming together since the collapse of the
Soviet Union, which converged in the concept so eloquently enunciated by President Xi in his speech at Kazakhstan’s Nazarbayev University in September 2013. There, he presented his idea of the Silk Road Economic
Belt, and then one month later, he announced the 21st Century Maritime Silk Road

continue reading

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Once the United States Joins the Belt and Road Initiative, a New Paradigm for Mankind Can Begin

Helga Zepp LaRouche

May 14-15, 2017, Bejing China

China Investment Magazine, supervised by China’s National Development and Reform Commission,  arried this article by Helga Zepp-LaRouche in its May issue. The article was distributed both in Chinese and in English to every participant in the May 14-15 Belt and Road Forum for International Cooperation in Beijing. 

Thus, the return on infrastructure investment is actually measured by the increase of the productivity of the entire economy. Therefore the financing can not be left to the private investor, but it must be the responsibility of the state, which is devoted to the common good of the national economy.

The most important aspect of the concept of the United States joining with the Belt and Road Initiative, however, would be to inspire the whole population with hope for the future, a better future for generations to come—something which has been lost in the last five decades

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Beijing Belt and Road Forum Launches ‘Project of the Century’

William Jones

May 16, 2017

The Belt and Road Forum, held in Beijing on May 14-15, brought together 29 heads of state and heads of government and over 1,500 delegates, including many heads of think-tanks dealing with the Belt and Road Initiative (BRI). Most prominent among these was Schiller Institute President Helga Zepp-LaRouche, who is considered by many Chinese scholars as the inspiration behind the project. During the conference, Mrs. Zepp-LaRouche received extensive media coverage and was well received by all the delegates. The Forum was a clear consolidation by the Chinese government of the overwhelming support for the Belt and Road Initiative by over 100 governments and international institutions.

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Home / Opinion / Op-Ed Contributors

Initiative charting new trajectory for mankind

William Jones

May 10, 2017

It was no doubt the unique circumstances of China’s internal and external developments during the first decade of this century that convinced President Xi Jinping to place the Belt and Road Initiative at the top of China’s foreign policy agenda.

More importantly, China has reinvigorated with the Belt and Road spirit, the spirit which imbued the ancient Silk Road with its profound exchange of both goods and ideas. That was a period of time during which there was a tremendous exchange of goods－silk, spices, jade and gold.

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HELGA ZEPP-LAROUCHE ADDRESSES PERU ASSOCIATION OF ECONOMISTS
The New Silk Road Concept, Facing the Collapse of the World Financial System

Helga Zepp LaRouche

November 17, 2016

To finance all of this China together with the other BRICS countries, a completely alternative financial system, responding to the fact that in the last decades the activities of the IMF and the World Bank have betrayed criminal neglect of funding infrastructure in the developing countries, leading to the underdevelopment of such continents as Latin America or Africa, or large parts of Asia. China remedied that by creating the Asian Infrastructure Investment Bank (AIIB) in 2015, which immediately, despite massive pressure from Washington not to do so, had 57 founding members

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Progresses Report on China’s Belt and Road Initiative

William Jones

October 21, 2016

While the U.S. public has only recently become acquainted with the Chinese Belt and Road Initiative (BRI) because of the almost total neglect of the project by the myopic U.S. media, the BRI has already shown itself to be the most comprehensive development project since the post-war Marshall Plan. But the BRI has already gone far beyond the Marshall Plan in the magnitude of investment and number of countries benefiting from it.

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South Africa’s Role in the BRICS Vision

Mr. Van Niekerk, South African Embassy in Denmark

January 30, 2015

     The New Development Bank is aimed at achieving the central desired objective, namely to ensure that funding becomes available for priority infrastructure and sustainable development projects. The question  whether this central objective could be met, is now becoming a reality, so there’s no question about it. In South Africa, we also have our own infrastructure plan, which requires funding beyond the means of our own fiscus, and this bank will certainly bring complementary funding to facilitate the implementation of such projects 

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The BRICS Perspective for African Development

Themble Joyini, Permanent Mission of South Africa to the UN.

January 17, 2015

       On BRICS, I agree, this is just the beginning of a new international economic order; it will be a gradual, but steady process. I also agree that not everybody would agree on the importance of the BRICS bank, but the creation of the BRICS bank is significant for the future international order for three reasons. Second, the BRICS bank demonstrates China’s global leadership. Given China’s huge size and quick development, there is little doubt that the world truly needs China’s leadership

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•  Lawrence, 5 years ago (May 15, 2018 @ 18:30:31)
•  Lawrence, 5 years ago (May 14, 2018 @ 19:13:21)
•  Lawrence, 5 years ago (May 13, 2018 @ 07:35:17)
•  Lawrence, 5 years ago (May 13, 2018 @ 07:29:24)
•  Lawrence, 5 years ago (May 12, 2018 @ 20:06:45)
•  Lawrence, 5 years ago (May 10, 2018 @ 19:46:16)
•  Lawrence, 5 years ago (May 8, 2018 @ 20:56:34)
•  Lawrence, 5 years ago (May 8, 2018 @ 20:51:47)
•  Lawrence, 5 years ago (May 8, 2018 @ 20:45:57)
•  Lawrence, 5 years ago (May 8, 2018 @ 20:44:53)
•  Lawrence, 5 years ago (May 8, 2018 @ 20:30:03)
•  Lawrence, 5 years ago (May 8, 2018 @ 20:17:59)
•  Lawrence, 6 years ago (January 27, 2018 @ 19:04:32)
•  Lawrence, 6 years ago (January 27, 2018 @ 19:03:56)
•  Lawrence, 6 years ago (January 27, 2018 @ 19:03:20)
•  Lawrence, 6 years ago (January 27, 2018 @ 19:02:25)
•  Lawrence, 6 years ago (January 26, 2018 @ 17:20:37)
•  Lawrence, 6 years ago (January 26, 2018 @ 17:18:24)
•  Lawrence, 6 years ago (January 26, 2018 @ 17:09:56)