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Xi Jingpin's Belt and Road Initiative moves into its second decade with more experience

As the Belt and Road Initiative (BRI) enters its second decade, it remains one of the most ambitious and transformative infrastructure and economic development projects in modern history.

Launched in 2013 by Chinese President Xi Jinping, the BRI aims to enhance global trade and stimulate economic growth across Asia and beyond by developing trade routes reminiscent of the ancient Silk Road.

This expansive initiative encompasses a vast array of projects, including roads, railways, ports and energy infrastructure, designed to connect countries in Asia, Europe, and Africa.

Treating transport sector like a milch cow, the state shirks its duty to ensure security

It is no surprise to discover that "dirigisme" is a French word that means a system in which the government has a lot of control over a country's economy.

Nor is this much of a surprise because it is in France where one finds it the practice is most pronounced. Yet at the same time one finds it disheartening to also learn that its diametric opposite, "laissez-faire", is also a French word if only because France is the country where "laissez-faire", that is, economic freedom is most absent.

Circumnavigation of Africa is an inconvenience, but can it not also be an opportunity?

One big difference in the closure of the Suez Canal today and its closure 55 years ago in the aftermath of the 1967 Six Day War is the very different cargo involved.

In the era that brought us the super-tanker, the Cape route of yesteryear brought the gas-guzzling world what it craved most - oil.

Today, oil is just one of the commodities that takes the Cape route, having been denied access to the Suez Canal, the Med and the Northern Range Ports from Le Havre to Hamburg.

Countering the woke juggernaut that is bringing down free markets and the meritocracy worldwide

The governing classes of the western world are in the thrall of a mentality that is bent on doing harm to traditional values and their institutions - shipping included.

It is an anti-white male movement that seeks to tear  the patriarchy down and build anew. By now East Asian males have secured "white status" too, and non-Muslim south Asians are on the cusp of joining the white male oppressor class as well. So as long as "Queers for Palestine" want to destroy Western Civ, then the Imams and Mullahs are cool with homosexuality - at least for now.

 

Europe Trade Specialists

Nippon Express (HK) Co., Ltd.
Visible & Strategic Logistics
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