A consortium led by India's Adani Group has completed the purchase of Haifa Port in northern Israel for 4 billion shekels ($1.15 billion), Israel's Finance Ministry said on Tuesday.
China’s President Xi Jinping in November 2012 had first mentioned his “Chinese dream” philosophy on his domestic tour to the National Museum of China. Defining the Chinese dream, Xi Jinping called it a “great rejuvenation of the Chinese nation”. The rejuvenation is often reflected in the imperialist policy of China, in which the Paper Dragon tries to revive the cultural, political, military and economic dominance in the world.
In its ‘dream’ to revive the Chinese might, the Communist Party of China has played its biggest bet on the ambitious Belt and Road Initiative (BRI). The #BRI involving railways, highways and ports development is an effort to revive the ancient Silk Route of China. But, bullying behaviour, unrealistic policies and debt diplomacy of China have kept the Chinese dream a dream and India has been the prominent factor in ensuring this fate.
Gautam #Adani, Chairman of Adani Group, on Thursday announced that he has won the tender for the privatization of the Port of Haifa in Israel. In his statement, he said, “Delighted to win the tender for the privatization of the Port of Haifa in Israel with our partner #Gadot. Immense strategic and historical significance for both nations! Proud to be in Haifa, where Indians led, in 1918, one of the greatest cavalry charges in #military history!”
#China #India #Economy #Israel #Politocs #Economy #Haifa #SilkRoad
https://www.reuters.com/markets/commodities/adani-led-group-completes-purchase-israels-haifa-port-2023-01-10
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