Latest Breaking News On - கிழக்கு மேற்கு பொருளாதார தாழ்வாரம் - Page 1 : comparemela.com

A new opportunity April 27, 2021 The East and West apparently can for once meet in a symbiosis of values and material rewards. The idea is embodied in the East West Economic Corridor (EWEC), an eponymous complement to CPEC, a small component of China’s Belt and Road Initiative (BRI). The BRI promises to raise the trade volume with some 40 countries to $2.5 trillion after investing $1 trillion in government spending. It is an idea worth embracing and not contesting. One hopes that the above is not lost on the US. Michael Buckley’s book, ‘Unrivalled’, mentions the US has three times China’s wealth and five times its military capabilities. Yale historian Paul Kennedy’s analysis of global powers in the last 500 years points out that the US has attained a disparity with other nations hitherto unseen in history. What then stops it from shunning competitiveness and embracing cooperation with the only global power that comes remotely close as a putative competitor?

United statesWorld bankDistrict of columbiaMichael buckleyS frederick starrHillary clintonPaul kennedyLogistics exchange memorandum of agreementSilk route initiativeChina initiativeCommunications compatibilityBiden administrationEast west economic corridorRoad initiativeCentral asiaNew silk route initiative