There is a two day G20 meeting starting today in China which may have major economic consequences.
...most of all China will seek greater G20 backing for the New Silk Roads – or One Belt, One Road (OBOR), as they are officially known – as well as the new Asian Infrastructure Investment Bank (AIIB).But the meeting of the world biggest economies got off to a public relations snafu with the arrival of the US delegation including Obama. From The Guardian we see this article entitled "Barack Obama 'deliberately snubbed' by Chinese in chaotic arrival at G20", from the Hong Kong based South China Morning Post we see another report entitled "G20 ‘staircase snub’ for Obama was United States’ decision, reveals Chinese official", and then the Washington Post with this piece "Obama’s China visit gets off to rocky start, reflecting current relations".
China has proposed OBOR; a pan-Eurasian connectivity spectacular designed to configure a hypermarket at least 10 times the size of the US market within the next two decades.