30 Apr 2020
China Money Trap
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The attached short video was sent to me by Gary Hahn who has been a client since 2017 and is meant to be amusing if it were not so thought provoking in its strategic thinking.
In 2013 the Chinese Government embarked on building a new Silk Road named the Belt and Road Initiative which involves infrastructure development and investments in nearly 70 countries and international organizations across Asia, Europe, and Africa.
None of this is new or unknown.
The objective, one of many is to control global trade infrastructure for the sale of its goods.
Is this really any different to past superpowers such as the United Kingdom of the 1800’s or the United States of the 1900’s?
No, China is pushing forward with just as much if not greater dominance.
Please do send me your thoughts.
Click to watch.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.
