Some of China's currency reserves have been used in the creation of New Development Bank, and Asian Infrastructure Investment Bank and Shanghai Cooperation Organization Bank.. ... While China plans to spend $1 in the coming years on its Belt and Road development..…
In relations Trump has ratcheted up tensions with the repudiation of Iran nuclear deal and its political fallout, increased conflict with China both economically militarily, and now with Russia in proposed new 'great nuclear arms race, in relations with EU practically the whole of the rest of the world. . ..…
Conversely, China is aiming for foreign investment and the global market in order to develop rapidly. . ... In this context the development of small islands in the South China Sea should be seen as well as the claims of a large part of this area. ..…
China has replaced the US and European controlled “international financial institutions” (the IMF, World Bank, the Inter-American Development Bank) as the principle lender in Latin America . ... The same thing happened in Sudan where China had invested billions to..…
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