This program is now operating in nearly 60 countries including New Zealand and will develop for Victoria – roads, ports, electricity supply lines, oil lines, aged-care facilities and so on. Areas focused on include policy co-operation, unimpeded trade and financial co-operation.
Also included is shared objectives of building respective service systems for coping with the ageing and training.
We are hearing reports of China buying up farms, ports and so on across Australia.
In more details on the China Belt and One Road initiative – China has signed almost 60 countries to the OBOR program, which accounts for more than two-thirds of the world’s population. Estimates on planned investment by the Chinese Government is $1.2 to $1.3 trillion.
Within Australia, enterprises, banks and law firms are promoting the OBOR program with endorsement from the Chinese government. An Australia-Chinese initiative has been established to promote Chinese engagement in Australia. China is also using the concept to promote the growing of northern Australia.
It is also promoting the expansion of the Chinese bank – Bank of China – into all OBOR countries including Australia and the China CITIC telecommunications network. I urge everyone to read this agreement, which is available online.
Calvin Muller, Warracknabeal
The entire December 18, 2019 edition of The Weekly Advertiser is available online. READ IT HERE!
The entire December 18,, 2019 edition of AgLife is available online. READ IT HERE!