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If you look at the New Silk Road Initiative with that mindset, China is in the process of building up influence over countries around half the globe. Foreign go
by gmueckl 6y ago
If you look at the New Silk Road Initiative with that mindset, China is in the process of building up influence over countries around half the globe. Foreign governments get huge loans for funding immense infrastructure projects to facilitate trade with China. Reportedly, these loans come with terms that prevent these governments from speaking or acting against China. At least some states are too poor to repay the loans as a lump sum, which gives these agreements teeth.