The Belt and Road Initiative: The Threat of an Economic Cold War with China
The Belt and Road Initiative: The Threat of an Economic Cold War with China
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China created the Belt and Road Initiative (BRI) in 2013 to develop ports, rails, roads, and more in nations around the world. It now has contracts in 140 nations, providing loans and workers to fulfill these projects. There is a growing mistrust of the BRI in recipient countries, and Europe is hoping to evolve a Global Gateway (GG) and President Biden is calling for a Build Back Better World (B3BW). There is also a new EU-U.S. sponsored Marshall Plan (NEMP) to assist in combating China's statecraft.
Format: Hardback
Length: 158 pages
Publication date: 15 June 2022
Publisher: Lexington Books
As the United States and the European Union grappled with the consequences of the 2008 financial crisis, China swiftly initiated the Belt and Road Initiative (BRI) in 2013. This ambitious project aimed to expand ports, railways, roads, and other infrastructure in countries across the globe. China has now secured contracts in approximately 140 nations, offering loans and labor to execute these projects, all while harboring hidden agendas. The primary objective is to swiftly establish economic dominance on a global scale, ensuring China's aspiration of becoming the most powerful nation in the world.
A growing mistrust of the BRI is emerging among the elites and the general population in recipient countries. Europe is actively pursuing the development of a Global Gateway (GG) and President Biden has called for a "Build Back Better World" (B3BW) to attract a global network of developing nations in need of financial assistance. Additionally, a new EU-U.S.-sponsored Marshall Plan (NEMP) has been proposed, drawing inspiration from the original 1948 Marshall Plan. The NEMP aims to combat China's statecraft and provide aid to developing nations.
Weight: 417g
Dimension: 228 x 161 x 18 (mm)
ISBN-13: 9781666908145
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