China BUILDS NEW TYPE of “Globalization”

Imperialism is worried that China’s huge global infrastructure projects could challenge the U.S.-led world order The People’s Republic of China hosted a summit May 14 called the “One Belt, One Road” initiative, also known as the New Silk Road project. Twenty-nine heads of state and representatives of 130 countries attended from across Asia, Africa, Latin America and Europe. Seventy countries signed agreements with China to participate. The “Belt” refers to the Silk Road Economic Belt. It encompasses land route development from central China to Central Asia, Iran, Turkey and Eastern Europe. The “Road” refers to the Maritime Silk Road. This involves ports and coastal infrastructure from Southeast Asia to East Africa and the Mediterranean.

Hong Kong Protests: Why Imperialists Support ‘Democracy’ Movement

…. Although using the name, street tactics and appeal of the Occupy Wall Street movement, Occupy Central has not made one demand on the banks in Hong Kong. In contrast, Occupy Wall Street was a movement that focused the outrage of tens of thousands of youth on the criminal role of the Wall Street banks, particularly in extracting from the U.S. government a trillion-dollar bailout that saved the largest banks while leaving millions of homes of working people in foreclosure, along with millions unemployed. In Hong Kong the role of the banks is enshrined in law for the next 50 years. How can this be overlooked? Understanding the special status of the former British colony of Hong Kong within China is a key part of understanding who Occupy Central represents. ….. Demonstrations in Hong Kong, China, raising demands on the procedures to be followed in city elections in 2017, have become an international issue and a source of political confusion.