Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
295,344
edits
Changes
Jump to navigation
Jump to search
Line 5:
Line 5: − +
→Developing world debt trap
The basic is idea is rebuilding the ancient [[Silk Route]] between Europe and China through the [[Islam]]ic world, however China is also building a modern [[navy]] and ports to access raw materials from Africa for its manufacturing base. The [[Chinese Communist Party]]'s loss of free access to the American consumer market to dump cheap manufactured goods, couple with worldwide revulsion stemming from the CCP's [[negligence|criminal negligence]] and mishandling of the [[CCP global pandemic]], has dampened enthusiasm for the project outside of China. Massive [[unemployment]] inside China resulting from the [[CCP virus]] and imminent trade restrictions due years of [[human rights]] abuses by the [[communist]] regime portend instability for years to come.
The basic is idea is rebuilding the ancient [[Silk Route]] between Europe and China through the [[Islam]]ic world, however China is also building a modern [[navy]] and ports to access raw materials from Africa for its manufacturing base. The [[Chinese Communist Party]]'s loss of free access to the American consumer market to dump cheap manufactured goods, couple with worldwide revulsion stemming from the CCP's [[negligence|criminal negligence]] and mishandling of the [[CCP global pandemic]], has dampened enthusiasm for the project outside of China. Massive [[unemployment]] inside China resulting from the [[CCP virus]] and imminent trade restrictions due years of [[human rights]] abuses by the [[communist]] regime portend instability for years to come.
==Developing world debt trap==
==Debt trap diplomacy==
The most notorious Belt and Road project is the Hambantota port in [[Sri Lanka]] that is now Chinese owned after the Sri Lankan government couldn't meet repayments and now hosts Chinese submarines. There are many other projects in [[Europe]], [[Africa]], [[Asia]], and the [[Pacific]]. For instance,
The most notorious Belt and Road project is the Hambantota port in [[Sri Lanka]] that is now Chinese owned after the Sri Lankan government couldn't meet repayments and now hosts Chinese submarines. There are many other projects in [[Europe]], [[Africa]], [[Asia]], and the [[Pacific]]. For instance,
*a hydro dam in [[Ecuador]];
*a hydro dam in [[Ecuador]];