HOUSE_OVERSIGHT_023573.jpg

1.95 MB

Extraction Summary

4
People
2
Organizations
10
Locations
4
Events
1
Relationships
3
Quotes

Document Information

Type: Draft article / speech transcript / statement
File Size: 1.95 MB
Summary

This document appears to be a draft or transcript of a speech or article written by an unidentified individual (likely a Western expert or consultant) detailing their participation in China's Belt and Road forums between 2014 and 2016. The text contrasts China's embrace of globalization with US 'America First' protectionism and argues for the significance of infrastructure development. The document is stamped by the House Oversight Committee.

People (4)

Name Role Context
Unidentified Author ('I') Speaker/Chair
Asked to articulate vision at Belt and Road forums; chaired a session at the Xi'an forum.
Xi Jinping President of China (implied)
Mentioned in the context of 'Xi's Belt and Road Initiative'.
Donald Trump US Presidential Candidate
Mentioned regarding the first presidential debate coinciding with the Xi'an forum.
Hillary Clinton US Presidential Candidate
Mentioned regarding the first presidential debate coinciding with the Xi'an forum.

Organizations (2)

Name Type Context
Belt and Road Initiative
Subject of the forums and the author's commentary.
House Oversight Committee
Source of the document (indicated by footer stamp).

Timeline (4 events)

February 2015
Second Belt and Road forum
Quanzhou, China
Author
June 2014
First Belt and Road forum
Urumqi, China
Author
September 2016
Third Belt and Road forum
Xi'an, China
Author
September 2016
US Presidential Debate
USA

Locations (10)

Location Context
Location of the first Belt and Road forum (June 2014).
Quanzhou, Fujian province
Location of the second forum (February 2015).
Xi'an, Shaanxi province
Location of the third forum (September 2016).
Country discussing globalization and development.
Contrasted with China regarding globalization and protectionism.
Region engaged by the Maritime Silk Road.
Region engaged by the Maritime Silk Road.
Region engaged by the Maritime Silk Road.
Region engaged by the Maritime Silk Road.
Mentioned as a forum location seeking consensus.

Relationships (1)

Author Advocate/Speaker Belt and Road Initiative
Author was asked to articulate vision at forums and chaired sessions.

Key Quotes (3)

"To comprehend Xi's Belt and Road Initiative, one must appreciate globalization... China now champions globalization, while the United States is now conflicted with 'America First' protectionism."
Source
HOUSE_OVERSIGHT_023573.jpg
Quote #1
"Development comes first, China believes; nothing good can happen without economic growth."
Source
HOUSE_OVERSIGHT_023573.jpg
Quote #2
""One hundred years from today," I began, "when the history of our times is written, our forum on the Belt and Road (Initiative) will carry more significance than the"
Source
HOUSE_OVERSIGHT_023573.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (2,290 characters)

June 2014, I was asked to articulate the vision at the first Belt and Road forum in Urumqi, Northwest China's Xinjiang Uygur autonomous region. I described five categories: history, culture, trade, mutual development and peaceful development.
The second forum was in Quanzhou, Southeast China's Fujian province, in February 2015. It enlarged the vision to include the 21st Century Maritime Silk Road, engaging Southeast Asia, South Asia, the Middle East and East Africa.
The third forum was held in Xi'an, Northwest China's Shaanxi province, in September 2016, with the theme "Shared Memory, Common Development".
To comprehend Xi's Belt and Road Initiative, one must appreciate globalization, which is founded on the perennial law of comparative economic advantage but which is suffering discontent due to its differential impact on workers in Western countries. In a reversal of historic proportions, China now champions globalization, while the United States is now conflicted with "America First" protectionism.
China's developmental miracle is founded on globalization, as Chinese workers made China the low-cost manufacturing center of the world.
But China's old model no longer works – for one, workers must be paid higher salaries to rebalance severe socio-economic imbalances. China must develop new modes of globalization, leveraging its expertise and experience, especially in infrastructure construction, which is just what the developing economies need for their development.
The initiative is to expand links between Asia, Africa and Europe, and thus reduce imbalances in national development and promote global economic growth. It focuses on projects such as high-speed railways. Development comes first, China believes; nothing good can happen without economic growth.
The Beijing forum seeks consensus on major cross-regional projects, especially networks of roads, railways and shipping.
At the Xi'an forum, I chaired a session (on the media), which was held at precisely the same time as the first debate between US presidential candidates Donald Trump and Hillary Clinton.
"One hundred years from today," I began, "when the history of our times is written, our forum on the Belt and Road (Initiative) will carry more significance than the
HOUSE_OVERSIGHT_023573

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