Dr. Yanis Varoufakis Talks About Chinese Foreign Investments In Europe

Yanis Varoufakis on conditions of Chinese Foreign Investments In Europe as opposed to American and other Western European investments.

China's sudden rise is the fruit of real hard labour and perseverance. It is something that is supposed to be celebrated in a normal sane world, like the birth of a new child. But, instead, it has spooked jealousy, fear, and panic in the heart of many world powers who fear being challenged and unseated from their dominant comfort positions.

China's rise has opened easy pathways for other developing nations to learn how to climb the development ladder that has long been kept away from them by the developed nations. This move has really angered the Western dominant nations, who do not seem to like fair competition.

Besides China's economic rise and prosperity, it has now decided to supplement its world image as a new World Geopolitical Peacemaker, by initiating peace deals between the Islamic Republic of Iran and Saudi Arabia, between Ukraine and the Russian Federation, and between Israel and Palestine. These moves are something Western countries have never succeeded in achieving, or making any significant effort to achieve, hence, their dislike of it.

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