Opinion – The Importance of the China Laos Railway Development – John Gelmini

The main rail station of Kunming, Yunnan, Chin...

The main rail station of Kunming, Yunnan, China as of 2008 (Photo credit: Wikipedia)

The short answer to Dr Alf’s incisive post is that they can but that they take a short-term view.

Western governments and plutocrats are prepared to invest in what they see as a short-term “sure things” like China itself and companies in prosperous parts of it or in technology firms that offer high returns.

The Chinese invest in long-term potential in African countries which are growing very fast from a low base and in countries immediately surrounding them, like Laos where Dr Alf now is, and Cambodia which he has visited before.

That long-term view is based on the concept of the “Blending of the Five Colours” and is hundreds of years into the future, whereas with a Western viewpoint you are lucky to get even a 20-year view.

The Bible gives us the right perspective when it says “The meek shall inherit the earth”, meek does not mean humble in the King James 1st English it was translated into, rather it means” Many”.

Westerners who are white are few and not many, so if we carry on as we have been we will “inherit” very little.

The Chinese follow these policies of swarming out and investing for the long haul to ensure food security and as a means of increasing their soft power by binding these countries more tightly into the Chinese orbit and “gravitational pull”.

This creates a buffer zone around China in its landlocked areas and a series of countries with which it can form military alliances over time whilst trading with them now or getting them into a position where they can trade in the medium term.

Western leaders are, as Donald Trump accurately points out, for the most part, extremely stupid people who are not competent.

Angela Merkel is an exception but has badly bungled the approach to refugee influxes.

The Chinese take a similar view when they talk of people like Obama and others as “children playing in a sandpit”.

John Gelmini

My top twenty blogs in 2015

Jeremy Corbyn

Jeremy Corbyn (Photo credit: Wikipedia)

A photograph taken of the Piazza del Campo in ...

A photograph taken of the Piazza del Campo in Siena (Photo credit: Wikipedia)

Happy New Year and thank you for visiting this blog. 2015 was a record year, with approaching 40,000 hits on the site from around the world. This is the blog that adds two cents worth of comment to breaking news.

Anyway, here are the top twenty blogs for 2015, voted by number of hits (most popular first):

  1. Greek debt and a default of statesmanship – Martin Wolf – FT.com
  2. Greeks chose poverty, let them have their way – Francesco Giavazzi – FT.com
  3. A gaffe-prone Japan is a danger to peace in Asia – Gideon Rachman – FT.com
  4. Greece will no longer deal with ‘troika’, Yanis Varoufakis says – FT.com
  5. Why I am obsessed by austerity – Simon Wren-Lewis – Mainly Macro
  6. Athens must stand firm against the eurozone’s failed policies – Wolfgang Manchau – FT.com
  7. A stealthy route to Grexit – Wolfgang Münchau – FT.com
  8. Opinion – Merkel the bold | The Economist
  9. Opinion – Greeks chose poverty, let them have their way – Francesco Giavazzi – FT.com – John Gelmini
  10. Divorce Greece in haste, repent at leisure – Martin Wolf – FT.com
  11. Grexit is an avoidable catastrophe for the eurozone -Wolfgang Münchau – FT.com
  12. Angela Merkel takes revenge on Greek prime minister – FT.com
  13. BBC – Travel – Two days in Siena, Italy : Tuscany
  14. Jeremy Corbyn and the 1,000 days that destroyed Britain | Daily Mail Online
  15. Germany’s Destructive Anger – Jacob Soll – The New York Times
  16. How to Reinvent Yourself After 50 – Dorie Clark – Harvard Business Review
  17. The computerisation of European jobs | Jeremy Bowles at Bruegel.org
  18. Layoff List Grows: Morgan Stanley to Cut 1,600 Jobs | Fox Business
  19. Former Chinese leader Jiang Zemin returns to Beijing in challenge to President Xi Jinping
  20. Putin Looks to Do Business With South Africa’s Zuma | Business | The Moscow Times

I’d like to thank my friend, colleague and fellow blogger John Gelmini for his continued support.

On Monday, Marilyn and I are returning to Asia to continue our journey of discover. Keep an eye out for our adventures in our sister blog Discover the Orient.

Good luck for 2015!

Dr Alf

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