Belt and Road key to future of Africa-Asia cooperation

Want China Times, Staff Reporter 2015-04-26

Xi Jinping delivers a speech at the Asian-African Summit 2015 in Jakarta,
April 22. (Photo/Xinhua)

At the Asian-African Summit or Bandung Conference 2015 held in Jakarta, Indonesia, President Xi Jinping of China delivered a speech calling for win-win cooperation between Asian and African counties. China still has an important advantage in its huge labor-intensive industry to help Africa's developing counties develop their economies, China Securities Journal reports.

Xi said China will push for cooperation between Asian and African nations, pledging to give zero tariff treatment to 97% of categories to most developing nations which have diplomatic ties with China and will continue to offer subsidies to developing counties without any political conditions. China hopes all countries in the region can work together to on its New Silk Road Economic Belt and 21st Century Maritime Silk Road (Belt and Road) initiatives and join the Asian Infrastructure Investment Bank (AIIB), pushing for joint maintenance of regional and world peace and stability.

In 1955, representatives from 29 Asian and African countries and regions gathered in Bandung to discuss independence, peace and economic prosperity. The Bandung Conference opened a new chapter in the developing countries' struggle for national independence, economic development, social progress and a more balanced international order.

Beijing's Belt and Road initiative will explore the deeper-level cooperation potential and expand cooperation room among related countries along the routes. For developing countries, insufficient funding for infrastructure is one of the most difficult problems. The AIIB aims to make up this shortfall. So far, the AIIB has attracted 57 nations to be its founding members.

The Belt and Road will involve territory occupied by around 4.4 billion people, accounting for 63% of the world's population, with total economic output of about US$2.2 trillion, representing 30% of the world's total. The nations along the routes are mostly new and emerging economies. The Belt and Road will build on existing foundations to push for more complementary cooperation to expand regional cooperation.

China and Pakistan have jointly promoted the China-Pakistan Economic Corridor as one of the important projects in building the Belt and Road, triggering rising investments.

Due to rising worker salaries, China has gradually lost its advantage in labor costs, with a large volume of labor-industries destined to gradually move out of the nation. While Africa, which has a population of over one billion, will be the only place in the world that can receive China's huge labor-intensive industry, especially as the average per capita salary in African countries is only about one-fifth to one-tenth of China's.

Related Articles:

Dutch agree new tax deal with Malawi, aim to stop tax avoidance

African Union vows Ebola fund as Oxfam calls for 'Marshall Plan'

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems  (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it),  Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse),  Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version) 

“… The Future of the Illuminati

Now, I want to tell you something that you didn't expect and something I've reported only one other time. What about all of the money that the Illuminati has? There are trillions and trillions of euro in banks, under their control, waiting. What are they going to do with it and where are they going to use it? It's still here. They're waiting.

This group is waiting for something to happen that they know is going to happen, for they see it coming as much as I do. However, I would like to tell you something that they don't expect. With awareness comes generational shift. Those in charge of this money will not always be elders. The indigos eventually will have it.

They are waiting for something to happen in Africa - the building of a new civilization, a continent that has nothing to unlearn. Once Africa is cured, once it's ready, a new civilization can be created from the ground up. Africans will be ready to learn everything about building a foundation for the most advanced civilization ever and will do it with the most modern and inventive systems available. Eventually, this new continent will even beat the economics of China.

This is the prediction and always has been, and the Illuminati's money will fund it. Did I say the Illuminati will fund it? [Kryon laugh] The Illuminati's money will fund it, but there is a difference from the past, dear ones. The ones who inherit the positions in the Illuminati will be a different consciousness. Listen, they are not suddenly going to be the ones who have the good of everyone in their hearts - hardly. They want to make money, but what they will see instead is a way to make a great deal of money through this investment. In the process, it will automatically help hundreds of thousands, and they will be at the beginning, the foundation, that builds the new Africa. The new African states of unification eventually will create a continent stronger than any of the others, and it will have one currency. The resources alone will dwarf anything in the world. ...”