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I am a Practitioner of 'The 7e Way of Leaders' where a Leader will Envision, Enable (ASK for TOP D), Empower, Execute, Energize, and Evolve grounded on ETHICS!

Sunday, May 14, 2017

Daily Lessons from Life 14 May 2017 - Money money money USD124B!!

"Sun May 14, 2017 China pledges $124 billion for new Silk Road as champion of globalization- Reuters

Chinese President Xi Jinping pledged $124 billion on Sunday for his new Silk Road plan to forge a path of peace, inclusiveness and free trade, and called for the abandonment of old models based on rivalry and diplomatic power games.

Xi used a summit on the initiative, attended by leaders and top officials from around the world, to bolster China's global leadership ambitions as U.S. President Donald Trump promotes "America First" and questions existing global free trade deals.

"We should build an open platform of cooperation and uphold and grow an open world economy," Xi told the opening of the two-day gathering in Beijing.

China has touted what it formally calls the Belt and Road initiative as a new way to boost global development since Xi unveiled the plan in 2013, aiming to expand links between Asia, Africa, Europe and beyond underpinned by billions of dollars in  I infrastructure investment.

Xi said the world must create conditions that promote open development and encourage the building of systems of "fair, reasonable and transparent global trade and investment rules""

USD124B!! I thot the Chinese would say it is 123 or 125B since 4 is not auspicious!! Never mind. No one will argue with the donor who will commit USD124B, give n take a billion or two here n there.

Sgp is focused on economic growth always. So it is best to be on the PRC's good boom if we want to partake in this moneyed adventure, it is best to r endeared ourselves to the PRC!!

The USA is too far to help us. We must get our Foreign affairs with PRC on proper track. None of the silly Terrex saga due to our inability, or shall we say the PM, to not offend PRC!!

Be friend with every nation. Just stay out of the cross cross-hair of PRC!!

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