Join Our Telegram Channel – Click Here!

  • CONTACT
  • PRIVACY
  • TERMS
Jacks Money
  • BOOKMARKS
  • Home
  • Blockchain
  • Crypto
    • Forex
  • Market
    • Business
    • Investor
    • Money
    • Trading
  • News
  • Technology
    • Stocks
    • NFT
    • Game
  • Health
  • Loan
  • Sports
  • Weather
  • Web Stories
Reading: World Leaders Unite to Challenge China
Share
  • bitcoinBitcoin(BTC)$26,214.00
  • ethereumEthereum(ETH)$1,580.43
  • tetherTether(USDT)$1.00
  • binancecoinBNB(BNB)$208.75
  • rippleXRP(XRP)$0.50
  • usd-coinUSDC(USDC)$1.00
  • staked-etherLido Staked Ether(STETH)$1,577.66
  • dogecoinDogecoin(DOGE)$0.061060
  • cardanoCardano(ADA)$0.244588
  • solanaSolana(SOL)$19.43
Jacks MoneyJacks Money
Aa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Demos
    • Home 1
  • Categories
    • News
    • Market
    • Crypto
    • Coinbase
    • Mining
    • Stocks
  • Bookmarks
    • My Bookmarks
    • Customize Interests
  • More Foxiz
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Jacks Money > News > World Leaders Unite to Challenge China
News

World Leaders Unite to Challenge China

Jacks Money
Last updated: 2023/09/11 at 2:50 AM
Jacks Money Published 18 September 2023
Share

US President Joe Biden, along with leaders from India, Saudi Arabia, and the United Arab Emirates, is gearing up to unveil a collaborative infrastructure initiative during the upcoming Group of 20 (G20) summit. This strategic move is part of the United States’ broader strategy to counterbalance China’s expanding influence in the region, as reported by Axios.

The official announcement of this groundbreaking plan is expected to take place on Saturday. The central element of this initiative will be the establishment of an extensive railway network connecting the Gulf and Arab nations. Sources with inside knowledge of the discussions, who preferred to remain anonymous, have revealed that this network will also encompass maritime routes linking the region’s ports to India.

World Leaders Unite to Challenge China
World Leaders Unite to Challenge China

The genesis of this initiative traces back to an earlier diplomatic mission by Jake Sullivan, President Biden’s national security advisor, who journeyed to Saudi Arabia for high-level talks. These discussions also involved representatives from India and the UAE. Before embarking on his trip, Sullivan had alluded to the exploration of “new areas” of cooperation. Among these areas, a reliable source at the time disclosed that strategic investments in infrastructure projects, such as ports and railways, were on the agenda.

It is important to note that Saudi Arabia and the UAE, both allies of the United States, have been moving closer to China in recent times. This shift in their foreign policy can be attributed to their aspirations of forging stronger ties with rapidly growing economies in the eastern hemisphere. In a noteworthy development last month, these oil-rich Gulf nations expressed their intention to join the BRICS group of emerging market nations. This move was instigated by China’s initiative to expand the membership of the BRICS bloc. The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is actively striving to augment its global influence and counterbalance the dominance of the United States in the realms of global economy and trade, including the role of the US dollar.

- Advertisement -

Parallel to these geopolitical maneuvers, there has been a US-supported proposal circulating among Israel and various Gulf nations. This proposal aims to expedite land-trade routes connecting Gulf Arab countries with the Mediterranean Sea. However, officials involved in these discussions have conceded that there is no fixed timeline for implementing these changes.

Over the past few years, the United States has been committed to countering China’s ambitious Belt and Road Initiative, which has infused hundreds of billions of dollars into infrastructure projects across emerging markets. Concurrently, China has been strengthening its ties with the Middle East, playing a pivotal role in brokering a détente between regional heavyweights, Saudi Arabia and Iran, earlier this year.

In the upcoming month, Chinese President Xi Jinping is poised to host world leaders, including Russian President Vladimir Putin, at a summit dedicated to the Belt and Road Initiative in Beijing. This gathering underscores China’s determination to continue expanding its global influence through strategic infrastructure projects, setting the stage for an intricate geopolitical rivalry between the United States and China in the Middle East and beyond.

You Might Also Like

Turkish President’s U.N. Decor Reaction Creates Buzz!

Karabakh Crisis: Will Armenians Survive or Surrender?

Government Shutdown Showdown: What You Need to Know

Eagle Pass Mayor Blames Biden for Border Chaos!

Shocking Scandal: Senator Menendez’s Gold Bars and Bribes Exposed!

TAGGED: News

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Las Vegas Transformed: Flash Floods Turn Iconic Strip into River!
Next Article US Open 2023: Novak Djokovic Clinches Straight-Set Victory Over Ben Shelton, Advances to Final
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Facebook Telegram
Jacks Money

Welcome to JacksMoney, your ultimate resource for unlocking financial success and empowerment.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

- Advertisement -
© Jacks Money - Your Ultimate Guide to Financial Success. By The Anand Market. All Rights Reserved.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?