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Xu Yili Talks About Joining Asia Investment Bank

2015/3/18 10:50:00 32

Xu Yi LiUKAsia Investment Bank

For other countries to throw olive branches this year, Britain has not done much in these years, and Asian investment banks have been preparing for building a year ago. The United States has not expressed any complaints in public, but this time the US attitude has suddenly been abnormal, I am afraid this is not so simple.

The fact that Britain applied to join Asia Investment Bank is mainly reflected in three aspects: one is the time to apply for accession, and another is the attitude of the United Kingdom, and the other is the chancellor of the Exchequer in the United Kingdom.

First, when the time for application was added, in March 6th, China's finance minister participated in the press conference held at the three session of the twelve National People's Congress. He answered the reporter's original words about "the confirmation time for the qualification of the Asian investment bank" that has not yet been added: "before March 31st, all participants can be a founding member."

Can you see that Britain is just applying to join the founding member countries at the critical time point that the member states are going to determine. If it is not coincidence, it can be seen that we have been observing the Asian investment bank for some time. This time the pressure of the us suddenly announces that the application for accession must be almost force majeure.

Then, speaking of the attitude of the United Kingdom, the western countries which have always been represented by Europe and America, in fact, are sniffing for Asia, especially China, in many ways. In the past years, most of them have been working together, and this time they are willing to bow to the rules of the game dominated by China. This aspect shows the strength of China's overall strength now, and on the other hand, to some extent, it seems to imply that some ups and downs of the power between the European continent and the Asian continent.

Finally, let's talk about the British Chancellor of the exchequer, Osborn. In Britain, the chancellor of the Exchequer is second only to the British Prime Minister, and he has the same relationship with British Prime Minister Cameron. More importantly, this is not the first time that Osborn has been in close contact with China in the financial field. As early as 2013, China and Britain completed a civilian nuclear power plant investment under Osborn's match, and in one fell swoop promoted the British capital London to become the first RMB clearing center outside China in Asia.

It can be seen that Britain's entry into Asia investment bank can not be viewed independently. Instead, it should look for the United Kingdom's successive policies towards China, and the British's own considerations on economic development and even political status in the future.

Britain, as an old capitalist country, is in a rather awkward position in the whole European region. It is not only its own economic strength that has been squeezed out by the European Union countries, but even the former ally of the United States, and now its attitude towards Britain is far behind.

Now that Germany is the locomotive of the European economy, the United States is making great efforts to win over the United Kingdom, and it has obviously ignored the British economy. In fact, Britain is being accelerated marginalized by Europe and the United States: the economic development is blocked and the political status is declining, and the economic situation of the whole Europe is also facing huge problems.

Economics

The development will bring more imagination, and the identity of "Asian investment bank" can greatly narrow the distance between Britain and other Asian countries.

In fact, the British are very smart, always in the most critical time to spirit up and make the most correct choice, we look at the history of the United Kingdom is the best proof.

In the past two years, the Asian investment bank has made a great contribution to the world, and this time the British application has brought great trouble to the United States, because it began to make the United States unhappy in its wishful thinking.

Why do I say so? When Asian investment bank was preparing to build, all the Asian countries were joined, and most of them were small countries with little economic strength. The United States was at the most quiet watching it.

The leading Asian game rules also mean that the economic bastions of western countries with the core of G7 began to crack, and at the same time, countries like Korea and Australia, which were in a wait-and-see view, would follow suit to join Asia Investment Bank. The most worrying thing for us is that once the developed countries such as the United Kingdom join Asian investment bank, Asian investment banks will get a higher rating in issuing bonds in the future. In fact, they will directly destroy the important killer of the United States in attacking the other countries in the economic field: "rating agencies". On the other hand, the higher rating will also significantly reduce the cost of financing from the Asian investment bank's leading projects, so that it will be dominated by Japan and the United States. But this time it is different, because Britain is a member of G7 and joined by China.

Asian development bank

The financial dominance will be greatly weakened.

For the United States, this is not the worst, because Asia Investment Bank is not "one person fighting", behind it is our country based on the land based strategic consideration of the larger "one way" strategic plan.

We know that after the financial crisis in 2008, the United States, in order to cope with the more complex international financial environment, faced with the increasingly declining WTO (World Trade Organization), WBG (World Bank) and IMF (International Monetary Fund), has been secretly running a "double wing plan" aimed at re establishing the rules of the world game: TTIP (p the Atlantic trade and investment partnership agreement) and TPP (p Pacific Partnership Agreement), in which TTIP aims to communicate with Europe in terms of "financial capital technology", and TPP aims to carry out the "financial capital labor cycle" with all Asian allies, thereby starting to restrict or even disrupt China's "one way, one area" plan.

In other words,

Britain

The application to join Asia Investment Bank is not just a matter of joining Asia Investment Bank. The demonstration effect that it brings will lead to a chain reaction. It will even destroy the new rules of the game that the United States is trying to rebuild the world dominance. This is what the United States would never want to see. No wonder the United States had such an extraordinary reaction this time.

If the "double wing plan" of the United States is based on the two oceans of the Pacific Ocean and the Atlantic and the continuation of the sea power era, China's "one road and one belt" is the foundation for the re establishment of the land rights era based on the Eurasian countries.

At present, the increasingly mature technology of high speed rail and heavy haul railway will accelerate the return of land rights.

The economic development of any region is inseparable from the construction of important infrastructures such as railways, bridges, highways and airports. Asian investment banks can obviously meet the requirements of Asian countries.

But more importantly, Asia Investment Bank also plays an important role in leading the whole Southeast Asian country's new economic engine and promoting the important driving force of the "one belt and one way" plan.

Once the wave of infrastructure construction is rising in Southeast Asia, Asia Investment Bank's position in Asia and the world will be further improved. China will be able to secure the leadership of Southeast Asia and even Asia through the investment of Asian investment in the infrastructure construction of all countries, thus laying a solid foundation for the comprehensive return of land rights.

At the end of the paper, a very realistic view put forward by the great British history and geologist Harold makinder in the book "the geographical hub of history" published in 1904 concluded: "as long as the Eurasian countries can find a new way to reconnect and organize the vast continental space, as long as the mainland countries can avoid attacks from the sea and make good use of their abundant resources, as long as technological advances can provide a creation for the way of mainland China's organization, then the mainland can conquer the sea, and land rights can destroy the sea power, and the era of maritime domination will be ended."


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