The United States has taken steps to dismantle China’s “One Belt One Road” plan

According to CNN, US President Joe Biden traveled the world with senior US officials this summer to pledge hundreds of billions of dollars in aid to poor countries. He thinks that.

U.S. Secretary of State Anthony Blinken said when U.S. President Joe Biden met with G7 leaders in June, they agreed to “close the gap in infrastructure construction with developing countries” and allocate $600 billion by 2027. Dan, the United States will allocate 200 billion dollars for this.

Anthony Blinken also revealed the US aid plan for Africa, and said that any country has the right to invest according to its own needs, and demand openness and transparency in debt matters. China implicitly criticized the debt trap in the “One Belt One Road” plan.

Strategy expert, Dr. Free Ekram said that China’s debt-ridden countries are now feeling the pressure, and some countries are becoming wary of it.

Anders Kor, a political analyst in the United States, said in his response to our radio about this, that the United States and the “Alliance of 7″ consider this plan to be a strategy designed to stop China’s imperialist villain. It is a strategy that is being implemented to stop its influence from spreading around the world like a plague, spending hundreds of billions of dollars in one go. This is a strategy of “food in one hand, stick in one hand,” but there is a need for a second stick, which is to impose sanctions on countries like China and Russia that do business with banned companies.

Strategy expert, Dr. Free Ekram believes that the United States and Europe’s plan to support poor countries is to create a global economic scale against China’s economic expansion.

The report shows that China has been investing heavily in the construction of the “One Belt One Road” for ten years. According to AidData, a research center of William and Mary in the United States, China spent 85 billion dollars annually in the five years from 2013 to 2017 alone. , has carried out infrastructure construction in Central Asia, South Asia, Africa, Latin America and some European countries. Railways through Central Asian countries to Europe through Turkey, Railway Economic Corridor from Kashgar to Gwadar Port in Pakistan, Highways built from Papua New Guinea to Kenya in Africa, Seaports built from Sri Lanka to West Africa, Information provided from Latin America to Southeast Asia – Communication facilities are examples of this.

Dr. Anders Kor says that China’s economic power should not be underestimated: “China has many strengths. We should not give up fighting him just because of his short-term financial difficulties. The country has risen from poverty in the 1960s to become the country with the largest purchasing power in the world today. “Until China becomes a democratic country, no one should sleep with their pillow high.”

Although China’s huge investment is welcomed by the above countries, in fact, China’s debt trap is hidden in it, which has drowned those countries in debt. AidData reports on China’s “hidden loans”, which show that the borrowers from China are not the government, but private companies or enterprises that have contracted certain projects. However, the loan documents will require the host government to be a guarantor for these companies. If the borrowers do not perform up to the standards, the responsibility for paying those loans falls on the government.

As a result, many countries that have entered into the “One Belt One Road” framework, China has fallen into a debt trap, and corrupt governments are in debt. In Sri Lanka, the people rose up against the government, and in Malaysia, the construction of the “Seaside City” jointly invested by China and Malaysia has stopped. Also, construction in some countries has slowed down and has become dependent on China’s investment.

Due to changes in the international economy, the increase of tariffs on Chinese goods by the United States, the spread of the virus, the strengthening of state-owned enterprises in China and the restriction of private enterprises, China’s economy has also declined, and it has become unable to invest as much as before in the construction of “One Belt One Road”. According to AidData China Development Fund project manager and researcher Ammar Malik, 35 percent of China’s “One Belt One Road” projects have encountered various difficulties due to environmental pollution, government corruption, and violations of labor laws.

Dr. Free Ekram said that it is difficult for China to make this “One Belt One Road” project go as smoothly as China wants.

The position of the Uyghur region is very important in China’s “One Belt One Road” plan, and the Chinese government considers Uyghurs as a potential threat and obstacle to the successful implementation of the plan. Anders Kor says that the Uyghurs have been sacrificed for this plan: “China is trying to completely control and Chineseize its own ethnic and religious people by suppressing and, if necessary, committing genocide against them.” In other words, the Chinese government does not want any institution, nation, religion or country to invade it. China is also trying to expand its borders, and nothing is in line with China’s dream of eventually becoming the master of the world.

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