May 2, 2021 Share
China’s push to expand influence through the Belt and Road Initiative (BRI) has antagonised Australia. Beijing started its global infrastructure development strategy (BRI) in 2013 which has so far spread to nearly 70 countries and international organizations across Asia, Europe, and Africa.
‘Belt’ implied Silk Road Economic Belt the overland road and rail routes through landlocked Central Asia along the famed historical trade routes. ‘Road’ meant the 21st Century Maritime Silk Road along the Indo-Pacific Sea routes through Southeast Asia to South Asia, the Middle East and Africa, stretching from East Asia to Europe. The BRI investments covered ports, skyscrapers, roads, railroads and tunnels, airports and dams to significantly expand China’s economic and political influence.
Montenegro: ″Die EU muss dieses Land unterstützen″ | Europa | DW
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Trung Quốc loay hoay tìm cách gỡ bom nợ
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As Nigeria and China this year mark their golden jubilee of official relations, there are growing fears over the imbalanced relationship, especially with China’s predatory lending bond with Nigeria and the country’s debt exposure to the Asian powerhouse, which has risen geometrically in recent years.
Official relations date back to February 1971 when Nigeria established diplomatic relations with China, and today Nigeria remains China’s major investment destination in Africa. At an event in Abuja to mark 50 years of Nigeria-China relations, the Chinese Charge de Affaires in Nigeria, Mr. Zhao Yong, disclosed that China’s trade with Africa has hit $208.7 billion with foreign direct investment totaling $49.1 billion.
EU will Montenegro bei chinesischen Schulden nicht helfen
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