China's Goal Of Resurrecting The Old Silk Road Trade Routes Is Facing Obstacles From Numerous Countries

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Dec 26th 2015, 10:00

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New York Times: China Plans a New Silk Road, but Trade Partners Are Wary

Beijing's effort to revive ancient trade routes is causing geopolitical strains, with countries like Turkey increasingly worried about becoming too dependent on China.

ANKARA, Turkey — As tensions in the Mideast and Ukraine rose in recent years, Turkey moved to jointly manufacture a sophisticated missile defense system. The $3.4 billion plan would have given Turkey's military more firepower and laid the foundation to start exporting missiles.

But Turkey abruptly abandoned the plan just weeks ago in the face of strong opposition from its allies in the North Atlantic Treaty Organization.

Their main objection: Turkey's partner, a state-backed Chinese company. Western countries feared a loss of military secrets if Chinese technology were incorporated into Turkey's air defenses.

As one of its highest economic and foreign policy goals, China has laid out an extensive vision for close relations with Turkey and dozens of countries that were loosely connected along the Silk Road more than 1,000 years ago by land and seaborne trade.

But Beijing's effort to revive ancient trade routes, a plan known as the Belt and Road Initiative, is causing geopolitical strains, with countries increasingly worried about becoming too dependent on China.

WNU Editor: They do not trust China .... and what does not help the Chinese is that many of the countries that border China have strain relations because of border disputes and unfair trade practices from Beijing.

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China's Goal Of Resurrecting The Old Silk Road Trade Routes Is Facing Obstacles From Numerous Countries

NOW THE NEWS IN FULL.....

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

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