Sunday, May 14, 2017

One Belt, One Road: Show me the money

China offers a free call option with no expiry and many nations signed up. Why not? Problem is where is the money? The Chinese have it but is not showing it. Not yet.

I like the OBOR idea but one has to be realistic as well. Beyond money the Chinese has plenty to catch up before they are able to lead this endeavor. What with so many pressing domestic issues that already consume so much time and energy.

The only thing realistic about OBOR is just one line in the story: He did not give a time frame.

But once you make a big public show of OBOR the clock starts ticking. It is no longer strictly true the Chinese can do as they please any more. You have to keep people expectant and interested or lose credibility.

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