(For my initial report outlining the Obama Doctrine of October, 2008, see the "PAPERS" section under the "useful links" heading on this blog)
In my previous post regarding Mr. Das and his "bullseye" understanding of the macro factors surrounding China, the following quote encapsulates and sets the trajectory for the Obama Doctrine:
China’s mercantilist strategies have important implications for other developing countries. Chinese investment in and trade with Latin America and Africa is concentrated on securing access to resources forcing these nations to specialise in commodities. This reversion to a 19th century trend may not be compatible with Latin American and African long term development and stability.
The U.S. has no choice but to enforce boundaries and ground rules for resource-hungry China and this will eventually manifest itself as the Obama Doctrine.
Sunday, May 23, 2010
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