In 2013, Beijing launched the belt and road plan, a global development blueprint involving about 60 countries from Asia, Europe to Africa to stimulate economic growth with large-scale capital investment and infrastructure construction projects.

Two years later, China started printing 100-rupee notes for Nepal, Liu wrote in an article in China Finance, a bi-monthly journal run by China’s central bank in May.

Since then the company had “seized the opportunities brought by the initiative” and “successfully won contracts for currency production projects in a number of countries including Thailand, Bangladesh, Sri Lanka, Malaysia, India, Brazil and Poland,” he said.

But that could be just the tip of the iceberg. The actual number of countries that have or plan to outsource currency printing to China could be much bigger, according to one source in the corporation. Some governments have asked Beijing not to publicise the deal because they are worried such information could compromise national security or trigger “unnecessary debates at home”, the person said.

Read the full article here.

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A rerun, but a good one!

poliwogg

 (Writing the Declaration, Jean Leon Gerome Ferris, 1900) (Writing the Declaration, Jean Leon Gerome Ferris, 1900)

To celebrate this 4th of July, you could read these “charters of freedom” that changed our country and the world: The Declaration of Independence, The Constitution of the United States, The Bill of Rights. All three are available here (with commentary). That’s what the fireworks are all about.

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Source: The White House, Washington D.C.

 

 

 

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“Harnessing advances in artificial intelligence and data mining and storage to construct detailed profiles on all citizens, China’s communist party-state is developing a “citizen score” to incentivize “good” behavior. A vast accompanying network of surveillance cameras will constantly monitor citizens’ movements, purportedly to reduce crime and terrorism. ” –  China’s Surveillance State Should Scare Everyone (The Atlantic)

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The best description of the indictment against Russian parties is from Deputy Attorney General Rod J. Rosenstein:

 

You can read the full indictment here: https://www.politico.com/story/2018/02/16/text-full-mueller-indictment-on-russian-election-case-415670