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"Belt and Road Initiative-related projects funded by China have proven to be a double-edged sword. Concerns are mounting in countries like Pakistan that massive Chinese investment could prove to be a debt trap similar to Sri Lanka’s experience.
Chinese back-peddling on several Pakistani infrastructure projects suggests that China is tweaking its approach to the US$50 billion China–Pakistan Economic Corridor. The Chinese rethink was sparked by political volatility caused by Pakistan’s self-serving politics and continued political violence — particularly in the Balochistan province, which is at the heart of CPEC."
Chinese back-peddling on several Pakistani infrastructure projects suggests that China is tweaking its approach to the US$50 billion China–Pakistan Economic Corridor. The Chinese rethink was sparked by political volatility caused by Pakistan’s self-serving politics and continued political violence — particularly in the Balochistan province, which is at the heart of CPEC."
China’s step into the maelstrom of the Middle East
Posted from eastasiaforum.org
China
Strategy
Posted 6 y ago
Responses: 3
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LTC Eric Udouj The Chinese have began massive investments throughout Africa as well. Just my gut feeling they are not to be trusted. Look at the power play they are making throughout the Pacific. With the absent of a large US presence there they will continue. No longer are the days of Clark Air Base Subic Bay Naval. So the Chinese feels as though they can do as they please. Thanks for sharing.
Peace!
Peace!
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Unfortunately; Pakistan has already fallen into China's trap. The news in India suggests that Pakistan has taken a $105 million loan from China to offset depleted reserves, in reprisal to U.S. withholding $235 million, till Pakistan takes positive action against Hafiz Saeed and other terror outfits in Pakistan. This reminds me of the famous Intelligence Quote, "Sleep with the Enemy, if your own Support System ditches you midway and, your future is uncertain. After all, it is best to go in happiness than to be known as a Terror State".
China is purchasing acceptance, direct or indirect, for its New Silk Route to bring China to the World. Land, Sea and Air will be controlled by China and Chinese products; China intends to become the only global economic monopoly.
China's investments include some iconic sites in the U.S., U.K., Europe, Africa and Asia. Chinese products are available worldwide, even today. Sri Lanka bit the Chinese carrot and now, Pakistan has done it. Bangladesh and Bhutan are fringe elements. Afghanistan fell earlier. Will China succeed in making the New Silk Route a reality and BRICS the New World Economic Order?
China is purchasing acceptance, direct or indirect, for its New Silk Route to bring China to the World. Land, Sea and Air will be controlled by China and Chinese products; China intends to become the only global economic monopoly.
China's investments include some iconic sites in the U.S., U.K., Europe, Africa and Asia. Chinese products are available worldwide, even today. Sri Lanka bit the Chinese carrot and now, Pakistan has done it. Bangladesh and Bhutan are fringe elements. Afghanistan fell earlier. Will China succeed in making the New Silk Route a reality and BRICS the New World Economic Order?
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Sgt Wayne Wood
Yes in all points... need we point out that a spider’s web is silk and traps it’s prey with bonds stronger than steel?
BRICS will be a new reality WHEN oil prices go up again.
BRICS will be a new reality WHEN oil prices go up again.
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CPT Gurinder (Gene) Rana
Oil prices will change with demand and supply; China will cause change in demand as it grows on the global economy.
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