How China's Belt and Road Initiative became a Disaster
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- čas přidán 15. 04. 2024
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China's Belt and Road Initiative was once lauded as the most ambitious and groundbreaking infrastructure projects the world had ever seen. With well over 1 trillion dollars being spent across 150 countries. However, it now seems to be turning a little sour. Projects are over budget, not needed or abandoned. So lets examine what went wrong and what it means for China
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It's almost like lending billions of dollars to poor countries with no chance of paying it back is a bad idea. Who would have thought?
It's also part of the plan: if they can't reimburse china just colonize part of their land.
But they didn't expect them to ask other for refinancement.
I would say influence. When you constantly give paycheck to someone, then refuse to provide further finance, it becomes a leverage, since they are used to the paycheck.
Long-term investment
Are you saying all those countries joining BRICS are all poor and halpless??? So you are saying those leaders are blind and stupid? Yeah, I believe you will be paid well once you reach your target.
Did he just claim that Forrest City in Malaysia as successful?!??! It is like 90% abandoned. 😅😂
Are you sure it was Xi said that and not this creator putting words into Xi's mouth. Are you so gullible?
@@gloriagloria5377 "he" can be the yter and Xi. Ur literally putting words in this commenters mouth 😂
it's absolutely disaster
The old adage of being in trouble if you can’t repay a $20,000 loan to your bank, but the bank being in trouble if you can’t repay a $20 million loan.
they essentially handed out money to crack shacks and wonder why they're not seeing returns.
Sounds like Japan in the 1980s, when Japan seemed unstoppable. In fact, in the 1980s Japan was slated to eclipse the USA by the end of the 1980s.
This was followed by Japan experiencing 3 decades of no growth.
Now we see the exact same problem afflicting China: a demographic implosion. Japan experienced this starting in the 1980s after the birth rate dropped as people rightly moved into the cities and tiny apartments. The countryside in Japan was hollowed out. Now the same problem is afflicting China, with the same demographic collapse because of the same reasons. While Japan can weather the storm through bending the knee to the US as a security guarantor and since it was already wealthy, China is still a middle income country and is now unlikely to progress further.
It really seems people have no idea just how poorly China is doing right now. It in desperate straights, and those B and R loans are definitely not helping the situation.
With 1.4 billion mouths to feed and extreme weather destroying more and more crops, China and India both have big problems these days. I was in Japan when China overtook Japan to become the second largest economy. Comparing the two populations it was obvious even then that China could not maintain its growth.
1990. The Economist. China's economy has come to a halt.
1996. The Economist. China's economy will face a hard landing.
1998. The Economist: China's economy entering a dangerous period of sluggish growth.
1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy.
2000. Chicago Tribune: China currency move nails hard landing risk coffin.
2001. Wilbanks, Smith & Thomas: A hard landing in China.
2002. Westchester University: China Anxiously Seeks a Soft Economic Landing
2003. New York Times: Banking crisis imperils China
2004. The Economist: The great fall of China?
2005. Nouriel Roubini: The Risk of a Hard Landing in China
2006. International Economy: Can China Achieve a Soft Landing?
2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing?
2008. Forbes: Hard Landing In China?
2009. Fortune: China's hard landing. China must find a way to recover.
2010: Nouriel Roubini: Hard landing coming in China.
2011: Business Insider: A Chinese Hard Landing May Be Closer Than You Think
2012: American Interest: Dismal Economic News from China: A Hard Landing
2013: Zero Hedge: A Hard Landing In China
2014. CNBC: A hard landing in China.
2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing.
2016. The Economist: Hard landing looms for China
2017. National Interest: Is China's Economy Going To Crash?
2018. CNN: Forget the trade war, China's economy has other big problems
2020. Economics Explained: The Scary Solution to the Chinese Debt Crisis
2021. Global Economics: Has China's Downfall Started?
....
Yet it's already 2023 and China's economy is still going strong.@@pennycandyys
Japan was too reliant and trusting of the US. China does not have that flaw.
@@josh981234 Where do you get your news from? Japan is the leader of the largest trading bloc in the world, the CPTPP, (which China wants to join but with so many countries opposed, is unlikely to get in) is more politically stable than China or India, both of whom have far more mouths to feed during a time when mother nature is destroying crops, and has more respect in the world than China.
Japan has never in recent years kidnapped foreign nationals and held them for ransom. China cannot say the same and the world has seen this.
There is no "was" when talking about Japan. It is pulling out of the economic slump. China? It will only recover once the CCP is gone.
Reliant? Not really. Alliances are not reliances. There is a difference.
The Bait and Rob Initiative
“If this starts to go wrong,” If? I think we’re way past that stage.
The issue with China is that they want to sound of as global 2nd best economy, best growth ever, rich peeps everywhere…. Yet when you look at the reality. The Chinese got old and not rich. In Taiwan, the middle class got it better but wages are low, albeit similar to European standards. Free education and universal healthcare. Somehow the ccp healthcare system is worse than the US capitalist system, yet many other countries have universal free healthcare, … really makes you wonder… is the CCP caring for their own people or political survival ? Are the regular Chinese peeps that dumb or numb to see the difference ?
Forest city is having a lot of empty apartments and closed or never opened shops. In the long run Chinese speculators will not have the money to pay for the upkeep to the management company and it will end up as forest slum
know nothing
Forest city has already earned back total investment in 2016-2018,
The Belt is also a method China uses for discipline. Don't believe me, ask, ask any Chinese person. For me, it was a mah-jong ivory stick
🤣
U believe this guys garbage? he is a westerner
Bullshit
@@randyeduo Nice argument
😊😊😊😊😊😊
Why should you pay for a failed project?
Because you signed on the dotted line.
If it’s failed and not finished you shouldn’t it goes into default. Especially when you see everything in China is falling apart because it’s very poorly built. The B&R are even worse.
Its a two part agreement. Sounds like china has fail to live up to their end of the agreement @@user-di7gj3ve8z
@@justinwolf7490china takes money from its own people, promises to build their homes, then doesn’t. Then they demand mortgage payments or threaten to bankrupt them and obliterate their credit. Oh and of course bother their family members for money while shaming their kin. Yeah 😂
Do not confuse the IMF for the World Bank (IBRD)! The first does NOT finance projects!
So the pooh bear got his hands stuck in too many honey pots.
Sick of these china is collapsing videos . If this is true why are they on the verge of surpassing the US airforce?. Why are they surgi g the electric car market? When is the collapse supposed to happen because every year the goal post moves
@@tallymeban-anaschina spy propaganda is in every sector for short period of time china will show china ia growing but future aim of west is decoupling where as war is the future of world china may not be the centre but will surly the big player in war. Just see the recent report Q1 show growth in china but if we see reality everything in china is going down...the growth occur may be due to smuggling of made in china goods illegally to other nation but in long run USA is determine to cut china half in trade & war in south china sea show tarde war is started. No more growth on ground only conflict or war. Every develop nation cutting companies from china and Chinese not buying china products. So in Q2 Q3 will tell the reality of china growth but in long run china growth is slowing with time
@@tallymeban-anas
Take your meds, Wumao. US has 14.000 aircraft and more than thousand of those are 5th gen jets while China has only 3,000. China has over produced EV and they were flooding Western market right now. Western investors are currently leaving China and moving to invest in south east Asia leaving millions of Chinese jobless.
@@tallymeban-anasthey are surpassing the US airforce on cheap copies of aircraft that were designed many years ago. As for the electric car market, they are flooding overseas markets because domestic demand isn't great, and electric car manufacturers are incentivized to make more cars because the Chinese government are giving massive handouts to do so. Basically shipping out bad quality cars to foolish foreigners to get their money back
@@tallymeban-anas becasue these videos are made by westerner propagandists that forgot to say that the west is doing anyhting to stop this project, even starting a war in Taiwan, in order to kill the raising chinese superpower. That's the way it is, it has been going around for long now, but I think the belt and road initiative will succeed with or without europeans.
Forest City was a success?! Sure it got finished (talk about lowering the bar) but because it’s close to empty and not being maintained, long term it will cost many times that to fix or keep from falling apart.
I live in Johor
My understanding is that has never been finished
@@Papamorely I was in Johor when robocop 3 came out. The movie sucked but it had the most epic billboard ever. I still remembered that billboard to this day
Forest City is unfinished due the previous Prime Minister Mahathir for screwing up the project...
The fake islands are sinking and cracking the roads and buildings.
I always thought chinas plan is not to get reimbursed rather seize whatever they could in these countries in stead of payment the way the Dutch did to Indonesia jn 17th/18th century
Maybe, except so many of these projects are so arbitrary they’re not worth seizing. Like really expensive sports stadiums in the middle of nowhere.
Economic colonialism
Natural resources
That's exactly why they're doing it in the first place. They don't expect these countries to pay back their loans.
Mi riderai a morte? Qualche europeo ha aiutato altri in paesi stranieri negli ultimi centinaia di anni? Per favore, impara la definizione e la storia della colonizzazione. L'esercito non è mai per beneficenza. La carità non può far beneficiare così tanto una persona o un paese. È così folle.
Even blind Freddie can see what this was all about. Dominates and ease of invasion.
You stated "hundreds of countries" were rushing to take advantage of the BRI
Probably more like dozens, at best.
Such exaggeration only undermines your credibility.
Well, US everytme said the world is with them, they really mean, NATO , 5 eyes and less than 10 Allies. As of April 2023. 149 has joined BRI. . There are 195 countries in the world. So that out US and Allies . Is correct
Just wait until the reality of what they signed up for sets in.
China is looking out for China. No one else.
Miss your payment and lose a port, or control of natural resources.
Why do you think All the BRI projects use Chinese engineers, Chinese materials and Chinese labour???
Wake up and smell the coffee.
Italy recently cancelled their participation in the BRI.
Sri Lanka hasn't benefitted from the port China foisted upon them.
The contractors, engineers, construction workers, laborers and all the steel, concrete and materials are from China.
Now they are in default and the ccp will surely take advantage of such an opportunity.
It's but one example of xjp's "wolf-warrior" diplomacy around the globe.
Always he speaks of "win-win cooperation", but it's China that profits from these projects. Not the host country.
Another prime example is the new capitol city in Cairo.
As yet, unfinished and likely never will be without additional "loans" from you know who.
Numerous dam projects are having major issues with cracking due to inferior construction materials, poor engineering and shoddy Chinese workmanship
The list is almost endless.
Promises made, but not delivered.
Unfortunately for countries that have mortgaged their futures to failed BRI projects, xjp and the ccp are in deep financial difficulty and are unlikely to extend further loans to complete the necessary work.
As this all ties in with BRICS+ and their new digital "currency", it's ironic and sad that China is buying gold at an unprecedented rate while record numbers of real estate development companies are failing. China is experiencing never before seen unemployment generally and the number of youths "lying-flat" is upwards of 40% or more.
The ccp's infamous "One Child" policy is wreaking havoc, creating an imbalance in the eligible male to female ratio.
Men are resorting to marrying foreign women. Between Chinese women's unrealistic expectations, and those of their families, the dowries, owning property(s), several automobiles, making a six-figure salary And be of a certain height and good looking as well, it's little wonder no one's getting married or having children.
So, as can plainly be seen, China is in dire straits and Emporer jinping is clueless as to what to do. Perhaps if he makes his wife Foreign Minister that will solve everything.
PS: Thank you ccp for unleashing the Wuhan virus upon the planet.
Looks like that one backfired on them too.
I'd love for you to address my comments, but I think you're in an indefensible position. Please feel free.
Cincinnati, Ohio USA
Actually zero.
@@WeAretheWorld89 well the USA is connected to important countries.
These projects are typical tofu dreg disasters and predatory lending.
It may seem like they just picked, but the defaults give the CCP the land for 90 years. So now they own and use ports for military.
and goods and medicine.. why left tht out? china wasn't raise by colonism so they know how to do good business... check jamaica if you want example of how great chins is to the world.. the west have never done anything for no other country that does not align with its interest and even if they do,,they have never built a road or an airport that can serve the people of the land NOTHING at all.. we have eyes to see
1:21 that’s not a bug, it’s a feature. The idea was that they’d secure basing rights
Concrete production released around 400kg CO2 per cubic metre of concrete made. I wonder how much pointless CO2 has been emitted by all these failed projects?
So they didn't calculate the most basic rule of inverstment "ROI" .
The good thing about building infrastructure is the factor in which it gives employment to the locals and boost local companies for years and at the end, the infrastructure built will be used by that country and make ROI. The salaries also will return to the government because the local employee will spend its wage to pay for bills and food and whatever within that country.
The bad thing about that hilarious Belt and Road Initiative is that there is almost nothing for the taker to benefit. Because China offers to build and finance the infrastructure, then the condition will be that only Chinese companies and workers will be involved in the project, a small percentage only will be given to the local workers, so there will be nothing for the locals and for the local economy because every benefit of building an infrastructure is only circling to China, a splash only goes to the local economy HAHAHAHAHHA.
And then, after the project is done, you will be left with a substandard and hard to maintain infrastructure that will end up as a liability for that country.
Those money if kept as US treasury bond can be frozen, seized or inflated away. Belt and Road wasn’t all that great built plenty of things not really needed but still better than being inflated away.
The overlooked aspect is this is to reduce the reliance on the Malacian strait
When you over stretch yourself and rely on silk strings to keep you going, don't be surprised if they get cut, for silk may cloth the false emperor but it will not put food in his banquetting hall if he doesn't feed the people who plant the seed, harvest the seed or process the seed.
So whether china gain or lose on the Bri, we are thankful that there is no war in these international affairs .
It's quite interesting that this video happens to surface at a time when Italy is considering rejoining the Belt and Road Initiative, isn't it?
That's why you are just a child. You easily fooled
Is it truly a failure if it guarantees a steady supply chain. A supply chain to skirt embargos, a trade chain to skirt tariffs and a long term trade network.
You can't just make decisions and expect to gain in everyway possible, sometimes you pay to gain strategic advantages that will come handy for the future.
China is rapidly losing those advantages it gained
@@jurgenparkour9337 China has a huge surplus of USD gained from it's massive trade surplus. And it's pretty much just dumping the USD into infrastructure projects converting them into assets.
It's not as if China can do anything much with all that USD with all the tensions in place.
They wanted land for their military bases indirectly. The problem is military bases doesnt bring profit.
The americans wins the aid race by giving ample time and pressure by WB. The american strategy is if you cant pay, give cocacola contract to open in your country.
China says , if you cant pay, give me your land. It makes local people hostile.
It will never bankrupt itself
7:44 I find it hilarious that you actually said 'forward slash' like.. how many people say 'forward' any more when giving a website address? And then proceed to use a backwards slash.
This is a really good video without being overly harsh on China but stating facts available.
I always notice that when China does these plans they never include Taiwan, Japan, … even though these are some of their closest neighbors. Europe will work with China but these neighbors won’t. Maybe they see what others don’t.
Taiwan and Japan don’t need Chinese money for their infrastructure.
Puppets of USA sees what they are being shown.
If the BRI is a disaster, I'd hate to think what Build Back Better is.
It's more like Big Biden Botch
Yes indeed Wumaoh
A campaign slogan?
A WEF pushed totalitarian agenda
Well, if you’re not in China, you’re not paying for BRI. Meanwhile, if you’re a USA taxpayer… ):
Interesting , Thank You
Forest City isn’t a success. It’s mostly empty.
Well, turkey's president is basically pudin's best good friend. So it won't really matter if that country dissolves.
A lot of nonsense was said, but there was no concrete example.
Since China began implementing the Belt and Road Initiative in 2013, its GDP has doubled to nearly US$18 trillion.
Whether it is Pakistan or the African region, the economic scale is also growing.
Just like to add even very profitable company has failed projects. So just focus on the failed BnR projects make some people happy, go enjoy. Many peopl are laughing with their money walking to their banks every day.
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
They lie about their gdp growth. Lol
@@xaviere.7581 If it did, the West wouldn't be talking about some Chinese threat and overcapacity.🤣
@@xaviere.7581
They aren't Indians...😂😂
4:25 the 5 star emblem of the PRC did not exist in ancient China
5:06 News headline bars are not curved
never interupt your enemy making a mistake - the developed world has economists, Xi has yes-men.
It’s interesting you mentioned Forest City, a ghost city which the Malaysian is trying to revive and the developer, on life support as we speak.
I feel a lot of context is missing in this video. If anything, the BRI has been a huge success for China, it’s o let become a financial burden as a larger amount of loans have defaulted than expected.
Points that were missed in this video or straight up misinterpreted:
it’s not always the assets produced by the BRI that are seizable. Sometimes it’s mines or other mineral wealth assets, even land for future naval or army bases. basically it’s whatever the country possesses that benefits China.
Secondly, asset seizure is a penalty, not a substitution. Under the terms the nation is still liable for the origional debt.
Thirdly, the terms specify that these projects are undertaken by Chinese contractors so the majority of the loan goes back to China anyway.
It’s literally free money, though economically it looks bad on paper, for its ultimate underlying goals, the BRI has been a roaring success.
Assets in countries like Pakistan can only be on books. In lawless countries where you cannot enforce contracts they are less than useless.
See, Chinese workers are attacked and sometimes killed in Pakistan. What if this happens in African countries where Chinese investments are there.
@@swaminathan3715 It is also happening in Indonesia, the super-fast train from Bandung to Jakarta is useless and expensive to ride. It is inefficient because the Bandung Jakarta railway is not profitable and the railway station is outside town. Also, the nickel mining in South Sulawesi's profitability depends on the electric cars' future.
They wanted the defaults.
They wanted control of the resources in many of the countries. But they foolishly thought they would be able to compensate for the defaults with their economic power. But now that the Chinese economy is slowing that ability is evaporating.
The result of greediness, karma!
Thanks
Looks like it was a deluded sailor on shore leave. The drinking and celebrating ends and now the true reason for building the road was a con game but in effect, it was a ploy to sidestep the Malacca Straits and the Achilles heel to China’s future growth.
The video is a good presentation but China holds ports within the South now in Pakistan and have several highway corridors with which to get vital products to its industrial output if a foreign power blocks those Straits that bring crude oil to China’s economy.
The West unfortunately is that sailor, and China’s duped both India and the US led collision into thinking they need us more than we need them.
The Russians under Putin also checkmated the Europeans by destroying its once held industrial mineral wealth outlets in Africa’s mineral belt, China is Party to this move.
Raw earth minerals are a vital part of any growing industrial capacity. China’s foray into EVs so far isn’t a game changer but it is becoming a headache and nuisance for the Biden Administration. Most people in the US and Canada aren’t buying into the EV hype, but the Scandinavians and German speaking regions are shifting towards this green concept. High energy prices for gas and LNG prices are changing German viewpoints away from ICE cars but other parts of the planet aren’t getting them because of the host of recharging and the replacement costs of EVs are through the roof. This especially true for the African and Latin speaking nations so far. Southeast Asia for its part is a dumping ground for cheap EVs from China, Tesla doesn’t stand a chance there I’m told.
Overall, a good well done documentary about current issues facing China, only problem is its only affected 20-35 million of its core populations. The other billion persons aren’t going broke anytime soon either, just ask the Middle East or the Central Asians including India. The level headed smart ones know that claims of demise and overthrow of their communist government won’t occur until the true crux of solving water rights and air pollution issues becomes the norm. Something, a war doesn’t readily help nor solve, and so an aversion that the Chinese unlike the Russians aren’t keen on repeating. In other words, India nor China won’t help the West by going to war with one another. They’re to smart, and savy of where that would lead them. The West unfortunately is losing colonies and industries in the third world to Russia and the BRICS signatories, something the West fears and will never be solved even with a Second Trump Administration but possibly solvable with a Robert Kennedy Jr. Presidency and détente in using Nukes or stating a nuclear arms race, something we’ve not seen since Bill Clinton’s second term of office.
Underrated channel !
Thanks so much!
The map is wrong with the Korean peninsula, correct it.
BRI is a disaster yet the US is panicking? 😂
Yeah, I don't see any of that coming.
Anyone else notice that China rarely invests in Africa?
On your list for why china is pursuing its belt and road initiative, you had:
1. Access to resources
2. Somewhere to use foreign currency
3. A way to use their industrial over capacity
What about polticial purposes - soft power and influence? Was that not a point from the start, as opposed to purely commercial and economic intentio ns? (I'm not arguing debt trap imperialism, but rather pulling those countries in the global south out of US influence, see for example Zambia.) What does it do in the minds of local people when they see the Chinese, not the US or EU flag plastered all over infrastructure projects. Obviously failures could have the opposite effect they intended.
Related to your third reason, having national companies go abroad and keep their employees in work means you don't lose the skills or the capacity to do large scale infrastructure projects such as power, dams etc even when you have exhausted most of the opportunity for said projects at home.
Additionally, the amount of total debt outstanding is high yes, but who are they owed to? Chinese nationalised companies? I thought they were now offering emergency loans in a number of these cases rather than seeing projects complete fail.
I'm not pro-China, moreover, Asian economies have a direct impact on China's progress, if they successfully build this ambitious project Asia will regain its original glory which was ruined by the war.I hope the Chinese government be more friendly to their neighbouring countries instead of encroaching on their land or EEZ borders.
What if china seizes the asset if the country defaults. I’d personally see that as a back door to national expansion in some strategically important locations.
the invisible hand is pumping the invisible......................
That was the plan, now they own you.
All BRI members are doing well , a few with slow phase but hading the right path. That why BRI is success story.
I'm in Sri Lanka and see the abandoned projects first hand ! 😏
@@MarkMaguire1960 Srilanka was bankrupt so , Srilanka ask IMF for help with new loan and restructuring old debt , unfortunately IMF only will help Srilanka if Srilanka abandoning cooperation with China. It not China abandoning the project but Srilanka bow to IMF.
@@vardekpetrovic9716 You know very well , why Pakistan lagging , China already build all necessary , port , roads, railways , only need Pakistani to be creatives and inovatives to made all those infrastructures useful. China have sacrifice a lot in building those Infrastructures , many Chinese engineers kills in sparatists/terrorists attack.
@@budisuwandhi6818it was china loan, and imf don't want to be involved with that, and it's thier decision.
@@MarkMaguire1960Sri Lanka was bankrupt for following the destructive World Economic Forum policies
Are BAR projects required to be paid in Yuan?
These videos still don’t address what China will do next. Will they seize resources?
I really like your content and i think you do a professional job, but please, please!! State your sources! This puts more credibility into your work. For example, how can i check graph 9:50?
Thanks for you comment! I will put a document together for this video and future ones with all the sources. This graph specifically is from a CEPR report titled " China’s overseas lending and the war in Ukraine". Hope this helps!
Yep, the quality of the channel is amazing. The information is highly doubtful. A monster quantity of links are needed to check the claims.
Premodern China did not have influence ’across the globe’.
That title made me laugh out loud. China is kicking it.
distortation effects are not looking good. Avoid.
Half length and double interest. Hmmm. Can we just call this what it is please? Loan sharking. Simple as that.
Where are the sources for these comments?
So many have been saying China is bankrupt for 10 years mow, but it still persists!
What about all that foreign exchange you talk about, where is it??
The Chinese economy is struggling, a little bit or research should confirm that fact.
They quite literally pumped 2 trillion dollars into their own stock market to save it. Many investors are choosing the west stock market instead and abandoning Chinese stock market. We haven’t even talked about the massive industrial/real estate bubble that the CCP are constantly worried about popping
@@freeman10000Just like how USA sustains through their debt by printing dollars. China also sustains their losses through manufacturing goods.
So the belt and road initiative that they did create is kind of a flawed system because essentially what it was doing was giving Chinese contractors places to build stuff most of the investments required that you'd partner with the Chinese firm or that their labor would be a part of it
BRI とマーシャルプラン どうして差がついたのか
慢心、環境の違い
YES INDEED WUMAOH
Good thing Philippines is not involved on this crap
Slight shift away from China in recent years …you say…just slight…
if they bankrup, the country should be change new government?
Reports are that the ccp is running low on foriegn currencies
Belt and road = Army rapid deployment corridors.
If it they had just bought favorable votes in the UN would that alone be worth the money?
Those borrowers can simply stop paying because China have nothing to foreclose anyway. Even assuming they mortgage their country. Who wants to buy a foreclose country where there are people residing there already. You simply cannot drive them away from their own country.
A huge amount of Chinese goods already flow through a lot of this infrastructure. Im not sure I'd call it a failure, despite these setbacks.
It’s such a cluster f it makes you wonder if it’s intentional…. Can’t be…. But what if?
You are looking at short term but look at broader view. It is more ambitious than you think.
I dont know if its a failure…… cant pay me in cash????? Pay me in natural minerals pay me in other ways idk man
Forest city in Malaysia is a success? Are you joking? It’s empty. China is stopping cash from leaving, do owners can’t pay their mortgage
ABSOLUTE EXECUTIVE POWER OF TRUTH...shall render and reap for social justice and equality to structural evils / works of mortal mankind."...when men and nations walk in the FEAR OF GOD and obedience to His commandments, THEY PROSPER AND GROW...but when they disregard HIM and HIS WORD**, there comes a DECAY that unless arrested by righteousness, LEADS TO IMPOTENCE AND DEATH.." by gbh **For the word of God is living and active, and sharper than any two-edged sword, even penetrating as far as the division of soul and spirit, of both joints and marrow, and able to judge the thoughts and intentions of the heart.
It was not a Belt and Road Initiative but Hit Below the Belt Initiative and all those who had the Hit are lying impotent.
The reason being china will manufacture goods and send it through this belt and road initiative for sales of these Chinese goods all over the world.
This website should be called the invisible brain....China is forging ahead and their belt and road project is impressive....do some deep dive research...
I am finding it harder and harder to get to the truth. I just saw an article that said China currently is actively building the four largest infrastructure projects ever attempted by humans ! How can that be if they are bankrupt ???
There is a photograph of Hitler in his bunker during his last days, intently studying a scale model of the future Linz just days before Berlin fell. So yeah, it is still possible on the basis of "the show must go on".
...yeah, you keep telling yourself that.
With houthis attacks on Red Sea , this BRI is a genius😂😂😂😂😂😂😂😂… this video host strictly of drama queen
Real freedom is ECONOMIC growth and development. There is no freedom in low GDP/CAPITA
Animation showed Latvia and Estonia flags but these both countries haven't signed or received a single contract with chinese firms nor built anything related with China. As far as I know.
Really well done video!
If china is honest this will make them economic prowes and politically made progress because of geopolitical system in the world today
when u have pakistan as a business partner it is automatically destined to fail 😂😂😂
Wef said we have to depopulate 3 billion
bribe and rob initiative
I truly hope China can become a democratic nation one day. The Chinese Communist Party is not only evil, they are also so incompetent, as shown in this video.
You've been brainwashed, China is doing amazing things
So what about the United States keeping shipping lanes free and open for over seventy years. By doing so it has led to free and open trade the word had never seen. Small countries without a big enough military to protect their shipping could sell their commodities anywhere in the world. I wonder how much that cost? I wonder how much the American taxpayer had to pay for that? It would seem that the belt and Road initiative would pale in comparison to what the United States has been doing for the last 70 years, do we get any recognition for that?
USA does nott allowed trde between the globe.. infact the us have not done anything to benefit humanity.....and trade between the globe would be much better if USA didn't want to be the world police and the only currency ...
Agaw na ng ph island pa more
The 99 year lease is the same as British control of Hong Kong last century.
Whataboutism
Actually HK island was given to UK in perpetuity In 1842, as was Kowloon later on in 1860. It was the New Territories that were on a 99 year lease. Most people forget these details and that the only legal requirement was to give back the New Territories as agreed by a separate convention following China's defeat by the Japanese in the Sino-Japanese War of 1894-95.
If BRI become disaster, then why yellen come to china begging china to slowdown
FREE TIBET.......
Free Hawaii from US, free Ryukyu. In case you don't know what Ryukyu is, it was an independent empire taken over by Japan about 150 years ago, and should to return to it's people after WW2. But the US let Japan keep it as Okinawa today.
@@nikoluiFREE INNER MONGOLIA, FREE EAST TURKMENISTAN, FREE HONG KONG ,FREE MANCHURIA, FREE WEST PHILIPINES SEA
First, free yourself from Western Propaganda 😂
@@nepalirecaps free yourself from poverty,poooorrrrrrrr
@@Username78952 Yes ma'am, we can free ourselves from poverty with the help of China 😁
You wouldn't know because you're a countryless person, but when there's war, there's always opportunities 😂😂
The bait and Rob project (that's why it failed)
If you built it, they will come
No, three gorges dam
It was started in 2013, Xi’s first full year as premier. China then was still the China of Hu Jin Tao, rapid growth, steady liberalisation, not a security risk. Countries were happy to take loans, build projects and develop relationships with China. But by 2022 when Xi broke the norms and made himself premier for life and started threatening all of the Pacific, owing debt to and having relationships with China is not as desirable. They sabotaged their own project by going rogue.