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Can G7 Countries Compete With China’s Belt And Road Initiative? — Oxford Business Group

Summary:
Won't work unless the Western governments back their private companies that are supposed to put risk capital into it in order to make a profit. And it won't work for the West either if the West doesn't ties strings to the investment, which will mean it won't work for the target countries.Moreover, the third world is out of the natural reach of the capitalist countries other than as colonies.This is overreach.For China (and Russia) it is an entirely different story. This is their region of operations.But also count on the countries targeted by the US and China for absorption into their respective systems to play both sides against each other.OilpriceCan G7 Countries Compete With China’s Belt And Road Initiative?Oxford Business GroupSee alsoBRICSWhy Russia Warns India Against the US’

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Won't work unless the Western governments back their private companies that are supposed to put risk capital into it in order to make a profit. And it won't work for the West either if the West doesn't ties strings to the investment, which will mean it won't work for the target countries.

Moreover, the third world is out of the natural reach of the capitalist countries other than as colonies.

This is overreach.

For China (and Russia) it is an entirely different story. This is their region of operations.

But also count on the countries targeted by the US and China for absorption into their respective systems to play both sides against each other.

Oxford Business Group

See also

BRICS
Why Russia Warns India Against the US’ Indo-Pacific Plans
Andrew Korybko 

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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