Discover and read the best of Twitter Threads about #BeltAndRoad

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Word that @WhiteHouse plans to nominate #DavidMalpass to run the @WorldBank has several implications, which I'll touch on in this thread.
First, Bank staff will reel from the widespread frustration many felt w/Jim Kim's "big ideas" and reform agendas, now likely to be shred.
Second, Malpass shares many of ideas forwarded by GWBush-appointed @WorldBank leader Wolfowicz, including disdain for globalization, dislike of typically liberal development programs, and little respect for the expertise of Bank economists. He's on record anti-#WTO .
Third, Malpass is cut more from the cloth of Reagan than #Trump , which in the scheme of things is good news. But he shares @POTUS disdain for Xi's #beltandroad economic scheme and sees China as a threat. This could set the WB in >er competition w/China Development Bank.
Read 6 tweets
🌏Trump’s Indonesia Project🌎



Trump Indonesia project latest stop on China’s Belt and Road

H/T @weRtroydavis…
A billion-dollar Indonesian real estate development with ties to U.S. President Donald Trump has become the latest project in China’s globe-spanning Belt and Road infrastructure project — just as Washington and Beijing are tussling over trade.…
A subsidiary of Chinese state-owned construction firm Metallurgical Corporation of China (MCC) signed a deal with Indonesia’s MNC Land to build a theme park outside Jakarta as part of the ambitious project…
Read 21 tweets

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