Silk Road Reconstruction


By Isaac Cohen*

Secretary of Commerce Wilbur Ross proudly announced last week the achievement of a 10 point trade expansion agreement between China and the United States. Briefly, China will terminate the ban on meat imports of US beef and it will allow access to the Chinese market to MasterCard and Visa. In return, the US will allow imports of Chinese cooked chicken and will sell natural gas to China. The agreement sent a positive signal on future trade negotiations, about to take off since the US Senate on the same day, 82 to 14, confirmed Robert Lighthizer as US Trade Representative.

By contrast, last Sunday, China’s President Xi Jingping inaugurated a two day meeting in Beijing, attended by 29 heads of state and government and other officials, including from the United States. The meeting was held to promote the reconstruction of the ancient Silk Road, linking Asia, Europe and Africa. Launched three years ago, the initiative is now called “One Belt, One Road,” it consists of the construction of a network, of ports, power plants, bullet trains, highways, pipelines, airports and industrial parks, to link more than 64 countries. In the last three years, the Chinese government has already spent US $50 billion in infrastructure projects in neighboring countries and it pledged, at the meeting, over $100 billion in financing and technical cooperation for new projects.

*International analyst and consultant. Commentator on economic and financial issues for CNN en Español TV and radio, UNIVISION, TELEMUNDO and other media. Former Director, UNECLAC Washington

About Ramón Jiménez

Ramón Jiménez, actual Managing Editor de MetroLatinoUSA. Periodista que cubre eventos de las comunidades latinas en Washington D.C., Maryland y Virginia. Graduado de la Escuela de Periodismo de la Universidad del Distrito de Columbia. Galardonado en numerosas ocasiones por parte de la Asociación Nacional de Publicaciones Hispanas (NAHP) y otras organizaciones comunitarias y deportivas de la región metropolitana de esta capital. También premiado en dos ocasiones como Mejor Periodista del Año por la cobertura de la comunidad salvadoreña; premios otorgados por la Oficina de Asuntos Latinos del Alcalde de Washington (OLA) y otras organizaciones. Ha sido miembro del jurado calificador en diferentes concursos literarios, de belleza y talento en la región metropolitana. Ha visitado zonas de desastre en Nicaragua, Honduras y El Salvador e invitado a esos países por organizaciones que asisten a personas de escasos recursos económicos. Antes trabajó en otros medios de prensa de Virginia y Washington, D.C., incluyendo reportajes para una agencia noticiosa mundial.

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