Belt and Road Initiative

The One Belt, One Road Initiative (OBOR) or Belt and Road is an umbrella term used to cover a range of Chinese funded, and usually Chinese built, infrastructure projects around the globe. Usually it's a condition of funding that the host country use Chinese companies, and often Chinese workers, to build the project. Often the relevant facilities are then run by Chinese personnel. For economically vulnerable countries with ambitious leaders, a big advantage of Belt and Road money is that it rarely involves the accountability and transparency requirements of a regular loan, and is often accompanied by massive political donations. If the host country can't make the payments, China than repossesses the project.

Chinese officials are quite open that Belt and Road is aimed at creating a Eurasia wide Chinese led bloc to counter the United States.

The basic is idea is rebuilding the ancient Silk Route between Europe and China through the Islamic 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 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 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 Chinese run satellite control station in Argentina;
• a railway upgrade in Hungary;
• a facial recognition project in Zimbabwe;
• port construction and operation projects in Israel;
• coal-fired power stations in Pakistan;
• gas pipelines in Tajikistan;
• a new port in Burma with rail access to China
• a high-speed rail line in Java and
• a wharf big enough for an aircraft carrier in Vanuatu

The Burma port is intended to ship Persian Gulf oil to China without rounding the cape at Singapore with the sea lanes defended by the Chinese naval base at Sri Lanka; the Vanuatu wharf is to counter the U.S. naval presence at Guam which defends shipping lanes of Persian Gulf oil through the South China Sea to Taiwan, Japan, and South Korea, key U.S. allies and trading partners.