China's New 'Silk Road': Future MEGAPROJECTS

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China's New 'Silk Road': Future MEGAPROJECTS 3
China's $1 trillion One Belt One Road (New Silk Road) initiative is unprecedented in size and scope. President Xi Jinping has sealed megaproject deals with 65 countries to construct ports, power stations, rail lines, roads, and all the tunnels and bridges needed to connect them back to mainland China.



Video by Bryce Plank and Robin West

Music:
"City of Industry" & "Dark Night" by Matt Stewart-Evans:

Information sources:
...and the Internet.

Script:
Having recently completed both the world’s most extensive system of expressways and the planet’s longest high speed rail network, China is now looking beyond its borders for opportunities to keep building. President Xi Jinping announced at a recent summit that Beijing has sealed megaproject deals with 65 countries throughout Eurasia and Africa to construct ports, power stations, rail lines, roads, and all the tunnels and bridges needed to connect them back to mainland China.

At a total cost of over $1 trillion, the One Belt, One Road initiative is unprecedented in size and scope. So is the bold funding mechanism: China will use its large, state-run banks to provide most of the financing, a risky move, when you consider how few of the nations in the O.B.O.R. could afford something like this on their own. “Oh,” say the leaders of economically-challenged, underdeveloped Laos, Yemen, or Ethiopia — or the blood-soaked regime of Bashar al-Assad in war-ravaged Syria — “you want to loan us billions of dollars to build some cool stuff in our countries? Of course, why not!?”

China is hard-selling the project as a way to boost its westward connections, an update of the silk road trade route that played a significant role in developing China and the rest of the region 1,000 years ago. But many analysts see this comparison as little more than a marketing pitch.

Al Jazeera clip: “Is the real point of this, East-West service then simply to boost China’s westward connections?
[Pauline Loong] “Well I wouldn’t say simply to boost China’s westward connections, but I totally agree with Charles that it’s more a PR stunt. To call it the “Silk Road,” that’s really brilliant—evocative of romantic camel travels in the past. When, you know, you have these lovely silks and trade and so forth. And it’s good, because look at all the headlines it has been getting, but in practical terms, it’s early days yet.”

[Bryce] Aside from the lessons China learned from its own recent infrastructure boom, Beijing is also drawing inspiration from the American Marshall Plan which financed the rebuilding of Western Europe after it was decimated during the second world war. That program was worth the equivalent of $130 billion in today’s dollars and ensured the US had reliable export markets for the manufactured goods and machinery its growing economy had become dependent on producing.

China’s modern version — first announced in 2013 — is the signature initiative of President Xi Jinping. Several projects have already been completed. Earlier this year London became the 15th European city connected directly to China through an ever-expanding global rail system, meaning freight trains loaded with goods can now arrive after a 12,000km journey all the way from the east coast of the landmass.

And, at a cost of $4 billion, China also just completed Africa’s first transnational electric railway, which runs 466 miles from Djibouti to Addis Ababa, the capital of Ethiopia. Chinese companies designed the system, built the line, and supplied the train cars...

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💬 Comments on the video
Author

Not gonna lie, this video does sound very biased, in the end China is building infrastructures for 60+ countries while we are currently bombing 7+ countries, the past 2 decades has proven China wants to trade while our first instinct is always war, it really doesn't matter how you spin it from a political angle, just simply ask all the common people that are living in those 60+ countries: do you guys want highways and trains? I think their answers would surprise nobody.

Author — Tony Stark

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"It doesn't matter if you are a democracy or a dictatorship, China wants to work with you..." Hahaha!!! Do you realize how many dictatorships has America supported, and how many elected democracies overthrown?

Author — Θάνος Κυριακόπουλος

Author

I think you are missing the point. In the last 30 years China has been able to lift about 500 million people out of poverty. They are now consumers. The Belt and Road initiative will continue this trend, on top of that potentially 100s of millions of more people all across Asia, Eastern Europe, even Africa and South America. This can be such a boost to the world economy. Think about Central Asia and the Middle East, if a person is doing better financially, they are lot longer tempted to strap an explosive belt around their chest and blow themselves (and others) up. I am convinced the Belt and Road will lead to better prosperity and more peace in the world. A real win -win for everybody.

Author — Axel Schroeder

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All he talks about is negativity and not positivity, this couldn't be un-bias narratives, at least Chine is not selling WARS but Infrastructure. What has America done apart from selling WAR Machines!

Author — Christopher Taiwo

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Poor and cheap propaganda by the US against China..sorry but you cannot influence how I think..i love China and its partners. Everyone knows that US is nothing but a colonizer who wants to continue killing thousands, invading countries who doesnt bow down to it. China is a new world power.and US is so desperate that it even pays vloggers like you to create this cheap video.🙄

Author — JEventures

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In my country (Montenegro) nobody wanted to invest in building a 850mil highway. Guess what happened? China stepped in and in 2 years we will have our first highway EVER!
Thank you China!

Author — DonMikimax

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at least China is spending the money for something that will benefit people and not damage the cities unlike United states, US only brings destruction and war

Author — MSK

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Even China teach someone to cook. The West will say " See, China is teaching that guy to kill"

Author — GO T-ARA

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I love how all of the comments call this guy out for his political bias. Good to see propaganda doesn't work on all.

Author — Michael Pitts

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Agree with many, there is such a negative spin on everything. The FACT that CHINA, a single nation dared to do OBOR and convinced 65 countries is already AMAZING!! China aims to connect, not destroy or isolate or insulate... the world should applaud, support and not suspect, doubt and wish it to fail. What did Western superpowers do for the world? create bully coalitions armed to the teeth to pulpurise or rob or enslave 3rd world countries with puny militaries. There is a bright future for so many peoples connected like never before.

Author — patrick Koh

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China building infrastructure = is it wrong?...
America invading and bombing = why it's right...
what the F western media?

Author — jojoinhere

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So let's get this straight. Russia is bad. China is bad. Trump is a bumbling fool. OBOR is bad. Xi has ulterior motives. Only Obama is good. OKAY then!

Nice "documentary" you've got here. Hahahaha

Author — Kate Joyce

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I clicked to video just because of learning something but this video is just about western propaganda, espacially usa. Dictator, communist bla bla bla, what a toxic video!

Author — Itachi Uchiha

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"China's motives seem to favor the wealthy elite business class". Well bugger me!! Where have we seen that before?
I the goddamn USA who for the last 70 years have bombed, invaded, interfered with and corrupted most of the 3rd world. I think I prefer China's method.

Author — Jim Battersbee

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You are 100% right, Obama did a great job leading the free world. Just look at Libya, Egypt and Yemen.

Author — SuperCyboman

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This talks with so much with jealousy, the guy is so intimidated by China's bright future. Shut up.

Author — Robie Abundance

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1Trillion $ investment not loan for poor countries ... That helps poor countries not destroy

Author — The information World !

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As usual, the west are criticizing any one who tries to move away from them.

Author — Adrah Bouya

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the evil china is building bridges and roads, evil why they do not build other stuff ?   look at the great U.S.A, they build Weapons and walls for other people .

Author — Yifu Cheng

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So sad, so much propaganda, so much misinformation and so much biases

Author — Summer Roll