Why China Is Interested in Ukraine
Edward Voskeritchian
Top 1% most viewed LinkedIn profiles - Partner at LUCA Trading
China is a global player that sets its priorities for both the short and long terms. The country’s strategic vision is reflected in the One Belt One Road (OBOR) initiative announced in 2013 by Chinese President Xi Jinping. In the press, OBOR is often referred to as “the Silk Road.”
The Chinese government has already made huge allocations to OBOR through the mechanisms of the Asian Infrastructure Investment Bank ($100 billion) and the Silk Road Fund ($40 billion). When private investments are added, total investment could easily reach $1 trillion. The initiative is still being clarified, but it’s already obvious that many Asian and European countries are eager to be included in the Silk Road. For China, as a global power, its presence in as many countries as possible is a tool by which it can exert quiet influence (by making the countries dependent on China’s trade routes and economy).
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by The Diplomat News (see full article)