• Home
  • About/Contact Us
  • …Donate…
  • Subscribe
  • Commenting
  • Privacy
  • DISCLAIMER
  • Interesting Stuff

Where China’s ‘Belt and Road’ Priorities Really Lie

Submitted by Taps Coogan on the 21th of December 2017 to The Sounding Line.

Enjoy The Sounding Line? Click here to subscribe.

Many theories have been put forward to explain China’s ambitious ‘One Belt One Road’ program. The program, first announced by Chinese President Xi Jinping in 2013, has pledged and invested tens of billions of dollars worth of Chinese state and private sector money into infrastructure projects around the world.

Ostensibly, the program is intended to serve a multitude of Chinese and regional interests: give China better access to European and Central Asian markets, provide investment and export opportunities for Chinese enterprises, better integrate other countries with China’s economy, and so forth. Along all of these lines, China is building ports, railway connections, pipelines, and other infrastructure projects in dozens of countries. However, as the following chart from Statista suggests, the real driving force behind China’s ‘One Belt, One Road’ program may be far more single minded than all of these lofty goals, namely Chinese energy security.

As Statista notes:

“In 2015, Chinese enterprises made direct investments in 49 countries related to “One Belt One Road”. As of December 2016, Chinese enterprises have established 56 economic and trade cooperation zones in 20 countries with a total investment of up to 18.5 billion U.S. dollars. With the support of the government, the initiative has greatly boosted the volume of overseas M&A deals. In terms of sectors, oil and gas are the major industries in China’s M&A activity among participating ‘One Belt One Road’ countries – with a total transaction volume of over 38 billion U.S. dollars in the past 12 years.”

Infographic: Where China's 'Belt and Road' Priorities Lie | Statista You will find more statistics at Statista

By a wide margin, China’s largest investments are in the oil and gas sectors, and the bulk of that money appears to be going to Russia and Pakistan. It’s probably not a coincidence that these two countries offer the critical land routes that China depends on for its oil and gas linkages to huge Russian and Middle Eastern energy reserves: land routes that are outside of the US geopolitical orbit and, being land routes, are resistant to naval blockade by the US’s vastly larger navy.

If you would like to be updated via email when we post a new article, please click here. It’s free and we won’t send any promotional materials.

December 21, 2017 Taps Coogan

Post navigation

Image of the Day: Bomber Factory in WWII → ← Nearly Half the World’s Population Relies on Synthetic Fertilizers
Subscribe
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

TOP NEWS STORIES

  • China Tightens Rare-Earth Regulations, Policing Entire Supply Chain in Geopolitical Power Play
  • Oil Majors Win Big as LNG Prices Soar
  • Palau’s New President Pledges to Stand with Taiwan, US Against ‘Bully’ China
  • Yellen Calls for Tax on Unrealized Capital Gains (Which Would Cause Massive Forced Selling)
  • US State Department Reiterates Fact That Several Staff at Wuhan Virology Institute Fell Ill with Covid Like Symptoms in Fall of 2019
  • SpaceX Acquires Former Oil Rigs to Serve as Floating Starship Spaceports
  • Steel Prices Are Exploding to Record Highs
  • With Tourists Gone, Squatters Take over Site of America’s Oldest City, Damaging It and Threatening Archeologists
  • The Mysterious ‘Alien Megastructure’ Star Is a Binary Star
  • Your Money or Your Economy; Why Productivity Is Everything
  • New Bat Species with Orangutan Hue Discovered in West Africa
  • Dinosaur Fossils Found in Argentina Could Belong to Largest Creature Ever to Have Walked the Earth
  • Europe, Canada Move to Put Boeing 737 Max back in Air
  • After Cotton Crackdown, US Retailers Told to Stop Buying China Forced Labor Products
  • China Develops Multiple Rocket/Cruise Missile Launcher That Hides in Shipping Container
  • Now That Universal Basic Income Checks Have Started, They Will Never End
  • China at the Heart of Rising Nile River Conflict
  • 30Y Breakevens Spike Above 16 Year Downtrend After Yellen Says “Will Explore 50-Year”
  • Arab Spring 2.0: Violent Protests over COVID Lockdowns, Economic Plight Erupt Across Tunisia
  • Pakistan Wants to Prosecute Online “Blasphemy” Committed Abroad
  • The Terrifying History of Russia’s Nuclear Submarine Graveyard
  • Microsoft to Invest $2 Billion in GM’s Autonomous Car Project
  • Uzbekistan to Abolish State Monopoly over Gas and Electricity Supply
  • Chinese Organ Harvesting Real and Still Happening, Say US, UK Legislatures
  • China Races to Build Giant ‘Quarantine Village’ for Thousands (They Ridiculously Claim Less than 2,000 Active Cases in the Whole Country)
  • Native Clay Pipes on Roanoke Island Sparked an English Tobacco Industry and Helped Save Jamestown
  • Europe Turns Down More U.S. LNG on Greenhouse Gas Concerns
  • San Francisco Techsodus & Unwind of Office Hogging Sink Office Market. Sublease Explodes, Leasing Freezes up, Rents Drop
  • Wheat Jumps as Russia Signals Prolonged Export Tax to Cool It’s Spiking Food Inflation
  • Germany Discovers New Covid Variant Among 35 Hospital Patients
  • The Pandemic Is Undermining Weather Monitoring
  • Iran’s Rolling Blackouts & Thick Smog Blamed on ‘Illegal’ Bitcoin Mining
  • Archaeologists Excavating Anglo-Saxon Cemetery Reveal 3000 Ornate Grave Goods
  • Japanese Utilities Hunt for Oil to Meet Robust Winter Power Demand amid Faltering LNG Stocks
  • Powell Sees ‘Exuberant Spending’ After Pandemic
  • Ireland Has Corals that Survive in Extreme Conditions at the Edge of a Submarine Canyon
  • China Possibly Committed ‘Genocide’: US Commission
  • NASA Test of Mega Moon Rocket Engines Cut Short
  • China Stonewalls WHO Investigators
  • United States Cut China Aid in Half in 2020
  • China Building Ground-Effect Vehicles to Defend South China Sea Claims: Leaked Documents
  • Massive Inflation in Shipping Costs – the Reasons
  • Quantum Internet Signals Beamed Between Drones a Kilometre Apart
  • Two Northern White Rhino Embryos Successfully Created. Finally a Glimmer of Hope for Species with Just Two Living Members
  • NASA Gives up Trying to Burrow Under Mars Surface with ‘Mole’ Probe
  • One Company to Rule Them All: Google Closes Fitbit Deal Amid Ongoing U.S. DOJ Review, Offers Empty Platitudes About Privacy
  • Race Is on to Commercialize Fusion Energy
  • Ukraine in Talks to Dump Kalashnikovs for NATO Compatible Rifle
  • Most Distant Quasar Ever Found Is Hiding ‘Biggest’ and ‘Youngest’ Black Hole
  • Russia Might Issue Fines for Using SpaceX Starlink Internet Service for Circumventing Government Censors
  • Astronomers May Have Detected Background Ripples in Spacetime Itself
  • Parler App CEO, Family Go into Hiding After Receiving Death Threats
  • WhatsApp Users’ Mobile Numbers from Desktop App Found Via Indexing on Google Search
  • 2,700-Year-Old Tombs of High-Ranking Nobles Unearthed in North China’s Shanxi Province
  • You Can’t ‘Just Build Your Own Twitter’

Seach

Categories

Login

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Copyright © 2020 - TheSoundingLine.com | Please read our full disclaimer and privacy policy before reading any of our content
wpDiscuz