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‘Debt trap diplomacy’ is the accusation that China uses Belt and Road as part of a manipulative global strategy, funding major infrastructure projects in developing nations with unsustainable loans, then using the debt to gain leverage over those governments. The accusation was sparked by projects such as the … See more The initiative is largely treated with suspicion in the US and its major allies, characterized largely in terms of debt trap diplomacy, as a predatory, opaque enterprise, and as a threat to Western interests. However, … See more The Chinese state is the underwriter for the initiative, via its four state-owned banks lending to state owned enterprises. Other governments have criticized the Belt and Road for the … See more There are many projects in the Belt and Road but two leading prestige projects stand out. The China-Pakistan Economic Corridor consists of bridges, railways, energy installations, a redeveloped highway, and … See more It is difficult to estimate the cost of the BRI due to the lack of transparency around its funding but notably Beijing has not pledged any new state capital to the initiative since 2024. … See more WebHey, loves! I'm just a 21 y/o simmer named Bri. Welcome to my channel! I play Sims. I plan to expand the channel with other content (gaming) as well, so I'm ... city select mini double stroller reviews
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