After Xi Jinping came to power, the Belt and Road initiative was the highlight of the CPC’s foreign relations. Its starting point was the CPC’s grand strategy of external expansion.
Since its rapid economic growth, the Communist Party has accumulated a great deal of wealth, “once a man broadens his face,” and the communist ideology has inflated again, reviving the ideal of liberating all mankind. The COMMUNIST Party of China (CPC) adopts the policy of comprehensive expansion, aiming at seizing the right to speak in the world, dominating the world situation and changing the world pattern.
Capital investment is shrinking off a cliff
The Communist Party has two fronts for its foreign expansion, one against the West and one against the developing world. On the one hand, the United States and other western countries for the communist party of China (free and open society, the implementation of a comprehensive range of united front, in a variety of “effective” buy off against trick, countries in the world politics, business, academic and professional societies aggressively penetrate, sanded to dig the corner, and the establishment of a large number of Confucius institute, secretly smuggled communist ideology, its purpose is to change the country’s political ecology and influence national policy in the west, with favorable master strategic initiative of the communist party of China.
On the other hand, the COMMUNIST Party of China exports capital and production capacity to developing countries in the third world, in the name of helping the host country’s infrastructure construction, lures small and medium-sized countries to cooperate with the Communist Party of China on a large scale, binds political and military construction with economic construction, saddles small and medium-sized countries with huge debts, and coerces small and medium-sized countries to be the vassal of the Communist Party of China in international affairs. Dubbed “One Belt And One Road” by the communist party of China, it is a combination of lending money and contracting projects, exporting excess domestic production capacity and promoting Chinese culture.
One Belt and one Sword covers Europe and penetrates into the surrounding areas of Russia. Once the whole countries along the Silk Road are captured by the Chinese Communist Party, both Europe and Russia will be threatened in the long term strategically. Europe lacks vigilance, Russia has a hard time saying so, and One Belt And One Road is in a good mood before China turns sour.
One Belt And One Road has boasted for many years, and it has indeed received responses from some small and medium-sized countries. Among them, there is no lack of bribery and bribery, and the development of new areas has caused a lot of environmental damage. The Communist Party has lent money to many countries, saddling poor countries with debts they cannot afford, and forcing some countries to use their resources as collateral or sell their sovereign interests on long-term leases.
For small and poor countries in Central Asia and the Middle East, the scale of economic development is far from sufficient for the need for major construction projects. Big infrastructure projects require a lot of investment, utilization and recycling after they are completed is not satisfactory, so many small and medium-sized countries are trapped in the debt trap, and The Chinese Communist Party’s massive expansion is facing the dilemma of halfway due to the international situation reversal.
As relations between the US and China deteriorate, the Chinese Communist Party has suffered an unprecedented setback in its foreign expansion. Forced to withdraw from western infiltration, the Chinese communist party faces economic difficulties, while the debt crisis of the One Belt And One Road countries also rises to the surface. The financial times recently published an article entitled “China’s exit from the world: rethink of xi ‘s plan >, points out that the money than us rebuild Europe after world war ii” Marshall plan “big seven times as many” area “, has shrunk rendering of precipice, from the peak of $75 billion, fell to $4 billion last year. One Belt And One Road is turning into the communist party’s first overseas debt crisis, the paper said, as the party is in trouble for resuming debt negotiations with debtor countries.
Small and medium-sized countries are burdened by bad debts
From 2008 to 2019, the Communist Party lent $462 billion, according to Boston University, only slightly less than the World Bank. Experts say the outcome of the Belt and Road initiative depends on the Ability of the Chinese Communist Party to renegotiate loans with countries in urgent need of debt forgiveness, and if China is unable or unwilling to provide sufficient debt forgiveness, it will be at the centre of a debt crisis in developing markets.
In other words, because most of the indebted countries cannot pay their bills, the Chinese Communist Party, unwilling or unable to exempt them, is likely to become stuck with the bad debts and become its own burden.
What is certain is that the One Belt And One Road is no longer viable; it is now just a matter of getting out. It would be nice to get out of debt, but not realistic. Small and medium-sized countries, seeing that the Chinese Communist Party cannot sustain its expansion, are more than happy to rely on debt, and the Chinese Communist Party, at its own peril, is likely to swallow the bitter fruit.
This is the disaster caused by the expansion of the Chinese communist party. If we had avoided the daydream of “building a community with a shared future for mankind” and managed ourselves well, the relationship between China and China might not have deteriorated to the present level, the loss of One Belt And One Road could have been avoided. A momentary slip will do great harm to xi Jinping, but he will have to eat it for a long time.
Recent Comments