China Daily journalist Fu Jing launched his new book A New Code for Common Peace and Prosperity on Oct. 11, 2017 at the Frankfurt Book Fair. The book, published by Guangdong People’s Publishing House, explains how China and the European Union can deepen cooperation through the Belt and Road Initiative over the coming years.
On the eve of the 19th National Congress of the Communist Party of China which began on Oct. 18 in Beijing, People’s Daily prepared a fast-moving four minute video giving the answers of 60 young Americans to what they think of China and its future prospects. The video features the assessment of Helga Zepp-LaRouche, the founder of the Schiller Institute, presenting her as the authority among those interviewed.
The past weeks have seen an outpouring of warnings that the transatlantic financial system is about to crash again, taking the speculative bubbles and toxic debts, which are much larger today than in 2008, down with it. From the International Monetary Fund to the Bank for International Settlements and Deutsche Bank, alarm bells have been set off.
The growth of the independence movement in Catalonia is very much a consequence of the austerity policy imposed by the European Union and the European Central Bank in the aftermath of the 2008 financial crash, in order to save the bankrupt banks. Unemployment is nearly 20% average, and for young Spaniards, it is up to 40%, forcing many to leave the country in search of a job.
On Oct. 5, at 18.00 CET, Helga Zepp LaRouche, the Founder and Chairwoman of the Schiller Institute, inaugurated a weekly English-language webcast to spread what she calls the “New Silk Road Spirit” to the world. Mrs. LaRouche is one of the most prominent intellectual authors of the concept of the Eurasian Land-bridge, expanded to the World Land-bridge. Since Chinese President Xi Jinping put the New Silk Road (now called the Belt and Road Initiative) on the agenda four years ago, it is lifting tens of millions out of poverty, and proposes an alternative to the dangerous idea of geopolitical division of the world.
Just under one week after the legislative elections in Germany, Helga Zepp-LaRouche, the chairwoman of the Civil Rights Movement Solidarity (BüSo), took a hard look at the results and the perspectives for the future, in an article written Sept. 30 under the above title.
The Aug. 18 edition of China Daily USA features a full-length profile of Helga Zepp-LaRouche by the newspaper’s U.S. correspondent Chen Weihua, entitled “Identifying With China” and with the kicker “Helga Zepp-LaRouche sees Belt and Road Initiative as fulfilling lifelong pursuit by her and her U.S. political activist husband, Lyndon LaRouche.” The article first discusses Zepp-LaRouche’s first extensive visit to China as a young journalist during the period of the Cultural Revolution, when she met some Chinese who spoke German and who were “kind”, but “people were not happy at all”.
Over the past decade, China’s banks have generated some $10 trillion of credit. During the same decade, the financial institutions of the trans-Atlantic sector plus Japan have issued more than $15 trillion in cumulative “quantitative easing” (QE). But whereas China’s credit has gone into productive activities, the western QE money – half again as much as what China issued – went exclusively into pumping up the speculative bubble again.
The bilateral meeting between Presidents Donald Trump and Vladimir Putin was certainly the most important event of the G20 summit that took place on July 7-8 in Hamburg, Germany. As Schiller Institute Chairwoman Helga Zepp-LaRouche pointed out in an article written just after the end of that summit, both Secretary of State Rex Tillerson and his Russia counterpart Sergei Lavrov underscored the positive chemistry between the two heads of state.
Developments over the past few weeks indicate that the United States may now be responding to the call to accept China’s offer to join the New Silk Road. President Trump and Chinese State Councilor Yang Jiechi met at the White House on June 22, after which Yang stated, according to a statement by the Beijing Foreign Ministry, that the U.S. President was willing to cooperate with China on projects related to its Belt and Road infrastructure initiative.