In The News Today

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Bill Holter’s Commentary

Every step forward for China is a step backwards for the dollar…

China will have a say on all major international issues: Xi Jinping
December 31, 2017

China will have a “say” on all major international issues and actively push its Belt and Road initiative, Chinese President Xi Jinping said in his New Year message today.

Xi said China will resolutely uphold the authority and status of the UN, actively fulfil China’s international obligations and duties.

He also said that China will remain firmly committed to the pledges to tackle climate change, actively push for the BRI and always be a builder of world peace, contributor of global development and keeper of international order.

“As a responsible major country, China has something to say,” Xi said in his first New Year address of his second-five year term, telecast live all over the country.

The BRI through which China seeks to build its influence in the world through a host road, rail and port connectivity projects also incorporates China Pakistan Economic Corridor

India has objected to the CPEC as it traverses through Pakistan-occupied Kashmir. China defends it saying that it is a connectivity project and it will not impact its stand on the Kashmir issue.

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