Get Articles Daily from StraightStocks - Enter Email Address


  • National Debt Clock


China Sends Money to Georgia

Source: http://www.robertamsterdam.com/2008/09/china_sends_money_to_georgia.htm
Posted on Tuesday, September 16th, 2008 | In Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -

adb091608.jpgA while back we wrote about the colossal diplomatic blunder Moscow was making when they thought that the Shanghai Cooperation Organization would be the ideal venue for them to drum up support for separatism and annexation in the Caucasus (having ignored a couple hundred years of Chinese history). Now it looks like Asia, led by Beijing, is pumping money into Tbilisi. Yes, that’s about the exact opposite outcome the Kremlin was looking for…

From the IHT:

The Asian Development Bank, in which China plays a leading role, has extended a $40 million loan at the lowest possible rate to Georgia. The Shanghai Cooperation Organization – which includes China, Kyrgyzstan, Kazakhstan, Tajikistan, and Uzbekistan as well as Russia – refused to countenance Russia’s recognition of two breakaway regions of Georgia. The rebuff of Putin is all the more striking because – at least from Putin’s perspective – the central purpose of this group was to form an eastern counterweight to NATO.

China and the Central Asian states may share the Kremlin’s resentment of American dominance in the world, but they are not so eager to construct a multipolar world that they will act against their national interests.

Last 5 posts by Robert Amsterdam





About Robert Amsterdam (http://www.robertamsterdam.com/)
Robert Amsterdam is a lawyer and an advocate for rule of law. His blog was created to express views which may stimulate debate and discussion on topics of international interest. Robert believes that we live in a world of unchallenged impunity, and he views his blog as merely a small attempt to shine a light on issues he views as important in countries with which he is engaged. He make no apologies or pretense of objectivity - he is merely stating his opinions.

Leave a Reply

Name

Email (kept private)

Website









No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.