Xi at the opening of the Belt and Road Forum. A new study says the initiative is actually intended to expand the country’s political and military influence.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
A massive Chinese infrastructure program that Beijing says is aimed at promoting global trade and economic growth is actually intended to expand the country's political influence and military presence, according to a report issued Tuesday. The report by U.S.-based research group C4ADS questions China's portrayal of the trillion-dollar program, called the "Belt and Road Initiative," as strictly meant to promote economic development. C4ADS, a nonprofit research institute that specializes in data analysis and security, examined official Chinese policy documents and unofficial reports by Chinese analysts to analyze the intentions of Beijing's ambitious economic development program, which seeks to connect 65 percent of the world's population in more than 60 countries.The projects shared characteristics that, taken together, pointed to China's security intent, the report said."China appears to have established financial leverage over Sri Lanka through investment in alleged vanity projects" worth billions of dollars signed as Beijing courted the country's previous president, Mahinda Rajapaksa, the report said.Debt levels for those projects prevented his successor from extricating the country from the deals and pivoting Sri Lanka away from China's influence, it said.
FOLLOW THIS ARTICLE