In accordance with the “new guidelines” for its economic development, China is trying to get back to the well-known “Silk Road,” a $900 billion scheme of a “new era of globalization” that China is willing to undertake. China’s goal is global expansion primarily in the economic field and strengthening of its economic influence. And while China is buying its way into key natural resource venues, the rest of the world is watching it in disbelief. By signing contracts and extending loans in the oil arena, China is decisively crushing it when it comes to global influence, and once acquired, it may be an unstoppable force. With a uniquely deep wallet, China has and is willing to spend money in large quantities in order to acquire oil in far reaches of the world in developing countries in Europe, Asia, and Africa. While Western countries stubbornly refuse to join China’s vast […]