It appears that Beijing is taking a page out of its Belt and Road Initiative (BRI) debt-trap strategy and applying it to countries victimized by the CCP virus (novel coronavirus).
It's viral pandemic diplomacy at its finest.
Another Debt Trap?
China pledged an eight-point infrastructure scheme as part of its next five-year Belt and Road Initiative (BRI) goal in a recent international forum in Beijing.
In 2018, the World Bank warned countries participating in China's Belt and Road Initiative (BRI) that the project has been known to cause debt risks, social risks, corruption, and stalled or frozen infrastructure projects.
Undermining Governance
Kliman also said the regime's infrastructure investment project, the Belt and Road Initiative (BRI), has played a role in undermining governance in partner countries, especially in developing countries, which may then make it harder
Siu also expressed concerns for the African expansions of the Belt and Road Initiative, an infrastructure investment project which Beijing rolled out in 2013 to build a trade network across Southeast Asia, Africa, and Europe.
“She believes trade and investment has a key role to play in stopping the growing Chinese influence, where Beijing has used investment as a part of its ‘Belt and Road Initiative,’" the spokesperson said, adding that Truss will "maximise all opportunities
"That fits in perfectly with China’s consistent policy of preying on vulnerable and deeply distressed nations, mainly, but not exclusively, through entrapment in a vicious cycle of debt and steep repayment of debt via the BRI.
Using its global development program, the Belt and Road Initiative (BRI), China has showered Africa for more than a decade with multibillion-dollar infrastructure projects, which have also left many nations heavily indebted to Beijing.
Suspicious of Chinese President Xi Jinping's Belt and Road Initiative to link Europe to Asia via infrastructure in a bid for greater influence, the EU set out a formal path for an ambitious "connectivity" plan starting in 2022.
China’s Role in International Finance
In recent years, as part of its Belt and Road Initiative (BRI), Beijing has served as a substantial lender to many poor countries, such as Ghana and Sri Lanka.
Of the 54 countries in Africa, 45 have already signed up for the Beijing regime's Belt and Road Initiative (BRI). In early 2021, Congo became the 45th African member of the BRI.
The announcement follows the return of U.S. military ships to the region, as well as recent warnings from the State Department that the debt traps linked to Beijing's Belt and Road Initiative could be repeated in the region.
In 2013 or so, China embarked on its signature foreign policy initiative. It was called Belt and Road. Sometimes it's called OneBeltOneRoad. Sometimes called BRI, whatever. It's got many names.
Both countries have also signed on to Beijing's notorious Belt and Road Initiative which Australia considers a vehicle for China's global military ambitions.
Almost a year after Italy became the first G-7 country to sign on to the Chinese regime's flagship foreign policy project, the Belt and Road Initiative (BRI, also known as OneBelt, OneRoad)—drawing criticism from its Western allies—the country's initial
The Belt and Road Initiative (BRI) is a massive infrastructure investment project launched by Beijing to connect Europe, Asia, Africa, and the Middle East through a network of rail, sea, and road linkages.
Beijing is seeking to corner the market on 5G, the next generation of communications technology, and also expand its global dominance through initiatives like Belt and Road, “a Trojan horse of Chinese expansionism,” Gertz said.
China’s controversial Belt and Road Initiative (BRI), a massive global infrastructure project across much of Asia and Europe, envisions an Arctic component—the Polar Silk Road—which Wang Hong from China’s State Oceanic Administration said can improve
While Abe didn't mention China by name while speaking about the Japan-led Indo-Pacific strategy at the UN, it's widely recognized that FOIP is an alternative to China’s “OneBelt, OneRoad” initiative (OBOR, also known as OBOR).
Belt and Road Initiative, Naval Expansion
A train on the China-Laos high-speed railway, a key project of China's Belt and Road Initiative connecting China's Kunming to Laos' Vientiane, arrives in the Boten Special Economic Zone in Boten, Laos, on April
The push for closer Australian-Pacific Islands defence ties comes as China is tightening its grip in the Pacific region by trade, debt trap and infrastructure investment under the Belt and Road Initiative (BRI).
Bangladesh joined Beijing’s Belt and Road Initiative in 2016, at the risk of falling victim to its debt-trap diplomacy and losing strategically important ports on the Bay of Bengal to China, which would give the Beijing regime access points to the Indian
This year, the participating countries at the Boao were mostly those who seek financial aid from China or who owe huge debts to China because they fell into the debt trap of the CCP’s Belt and Road Initiative, borrowing large amounts for infrastructure
Yet China’s genocidal regime continues to enhance and grow its leverage throughout our region, thanks to its debt trap diplomacy and Belt and Road Initiative," Mr. Rubio said.
One of Beijing’s most ambitious plans is the Belt and Road initiative (BRI), which aims to deliver trillions of dollars of infrastructure investment to connect Asia, Europe, and Africa.
Due to the Belt and Road Initiative (BRI) debt traps, the spyware of Huawei, the propaganda focus of the Confucius Institutes and more, most of the goodwill toward China has been lost.
Beijing's "Belt and Road" initiative (BRI) has often been described as "dangerous debt diplomacy."
"Why does he believe this is in our national interest? Why does he believe it's in Victoria's interest?"
