Will Ethiopia's default be the end of African investment? Debt trap derived from One Belt, One Road.
2024-01-13
Category:China
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ethiopian default
China's One Belt, One Road initiative is set to go even further down the road after Africa's Ethiopia defaulted on the 2nd, unable to pay interest on its debt due in December. The countries circled on the map in the image are the countries where China is primarily investing. Ethiopia, which defaulted this time, is marked in red. One Belt, One Road is a route south to Italy in Europe, but Italy has announced its withdrawal from One Belt, One Road. This is the departure of the western base. Where is Kitaji's base? It is now Kiiv, the capital of Ukraine, which is currently at war.
One Belt, One Road debt trap
Yellow countries are those with excessive debt to China. Includes Sudan and Somalia. These are the countries along the Suez Sea, including Ethiopia, which follow the Suez Canal, and China was trying to gain control of the sea route to the Mediterranean Sea. The rationale is simple: once the One Belt, One Road project starts, we can make a lot of money, so why not borrow money and prepare?
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The acquisition of African countries by the world's underground financial institution AIIB is China's national strategy.
AIIB is the world's black finance. Lending money to developing countries to realize OBOR. They provide funds that cannot be repaid, and when they are unable to repay, they seize the country's ports and other facilities. If OBOR is realized, the countries in the area will become rich. That's why it's better to borrow more and more money.
With this financing, China bought up votes in the United Nations, including African countries.
Originally, the African continent was divided into two colonies, British and French, and the British Commonwealth and French Community held the vote in the United Nations, but what is the situation like now? OBOR is China's national takeover strategy.
Communism views capitalists and managers as enemies. Workers become subordinate to capital, and capitalists who acquire large amounts of capital become figures that shake up the nation. Therefore, Chinese companies are controlled by the state as state-owned or semi-state-owned.
In modern China, the state is the capitalist. They invest in domestic and international development in the name of investing in the region and the nation.
If you look at the fact that they are subjugating developing countries to capital, they are essentially no different from the capitalists they see as their enemies.
In fact, it's even worse.
road to south africa
South Africa has the highest GDP among African economies, and it can be seen that the countries on the land route to South Africa are also trying to keep it in check. Countries other than the ones circled account for 36.9% of China's investments in Africa, so it is spreading money to almost all countries. The purpose is to buy votes from the United Nations. African countries account for approximately 28.5% of the votes in the United Nations. This is what is behind China and the West, dismissing it as a minority opinion.
Related to the Taiwan Strait
This is actually related to the Taiwan Strait issue. Mainly African countries support China's "one China principle." Africa does not want to get into trouble with its creditor country, China, over a faraway island with which they do not have any exchanges.
If the countries along the Suez Sea default, the Belt and Road initiative will end for Africa.
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[related article]
Will Xi Jinping's reform and opening-up policy continue to be revised in his third term? - There is no change in his ambition to unify Taiwan.
Xi Jinping's third term begins
Will the reform and opening-up policy continue to be revised?
Free industrial investment is essential for industrial growth
What is necessary to continue economic growth
No change in ambition to annex Taiwan
With the end of the Communist Party Congress and the start of Xi Jinping's third term, various reports have been made. Taken as a whole, it seems that the direction of revision of the reform and opening-up policy since Deng Xiaoping has been indicated. The results of Xi Jinping's economic policies are unclear in every sense, but it is clear that China's economy has grown due to the reform and opening-up path initiated by Deng Xiaoping, the partial introduction of market economic theory, and U.S.-China relations. Although Xi Jinping does not explicitly criticize these, what he is doing appears to be aiming for a return to the old style of Chinese socialism.
Although this is a country where individuals cannot own real estate, laws that allow individuals to buy and sell rented real estate are restricting growing real estate companies and forcing them into bankruptcy, and reining in the heads of growing companies like Alibaba. Does Xi Jinping think that these economic elements are a threat to China's socialist forces that were born on the path of reform and opening up? I have to say that his sense of being a threat is correct. This is because a liberal economy will destroy the socialist system.
In order for the economy to continue to grow, we must ensure as much freedom as possible. There are limits to simply investing in certain industries that the country has chosen as part of its national policy. A process in which these industrial investments are opened up to the private sector, private banks are free to make industrial investments, and private companies are free to commercialize services that have never existed before is an essential condition.
Various freedoms are essential for this, including freedom of speech, freedom of thought and belief, and academic freedom. This creates new social norms and new ways of living, which in turn leads to the creation of new products and services. Plants have a chance to flourish when they grow freely as intended.
Critics say that Xi Jinping has chosen stability over growth. What is worrisome, however, is that there has been no change to the ambition to unify Taiwan. Such restorationists are likely to advocate nationalism and wage wars of aggression. You can imagine this by looking at the current President Putin.
China wants to improve relations with the EU at the summit between the EU and China - neutral position to benefit from both sides.
A summit meeting between China and the EU was held on the 1st.At a press conference after the summit, Mr. Fondairaien stressed, "In this war, Europeans will not accept any support for Russia."Xi said, "The international community should prepare the conditions and conditions for negotiations between Russia and Ukraine rather than fuel the fire and intensify the conflict."The meeting revealed that China is using the Ukraine issue to improve its relations with the EU.Some Japanese media say that China should use its position to find a way to solve the Ukraine problem, but it is better not to do so.In a big sense, it is hard to understand why liberal countries have been fighting against China's hegemonism or are trying to cope with the current invasion of Ukraine.
After a ceasefire agreement is reached with Russia, China will provide economic support to Russia at any time, and if it deals with and approaches liberal countries on this issue, it will benefit from it, and if it becomes a leader in the ceasefire, China's international standing will rise.The war should end as soon as possible, but a strange world begins to turn again.The Wigur, the Nansha Islands, Taiwan and Ukraine issues are force-driven changes and should be viewed in the same way as human rights violations.Given the significance of the issues that need to be addressed, it is highly contradictory to expect China, which is the party to the infringement of another issue, just because of the current war in Ukraine.
In the first place, doubts arose about the existence of the United Nations as permanent members of the Security Council, Russia and China.During the Cold War, East and West countries functioned as places for dialogue, but now we are not in a Cold War state, and international organizations are calling for human rights in the world, with non-liberal countries as permanent members of the Security Council.We cannot help but think that Russia and China are not fit to be permanent members of the United Nations, including the Ukraine issue, the Uighur issue, and the Taiwan issue.The world needs an international organization that is without their influence.
China puts aside domestic environmental issues and bans imports from Fukushima.
I was wondering why the average life expectancy of the Chinese people is so short.China is the birthplace of traditional Chinese medicine and is a country that practices the same principle of medicine and food, but why is there a difference of nearly 7 to 8 years with Japan? There used to be a difference of about 10 years. I thought it was because Chinese cuisine basically uses a lot of oil, but that alone doesn't explain it.
There was a story that when an air dosimeter was used to measure air dosimetry in an apartment in Shanghai, it was 976 times as high as in Tokyo.However, since radioactivity from land comes from mineral resources, it is important to note that radioactivity from land is emitted from mineral resources, so it is important to note that radioactivity from land is emitted from mineral resources. The higher the radiation dose, the higher the radiation dose. Plutonium is extracted from uranium ore, and there are many other ores that contain high amounts of radioactive materials in nature.
It has long been known that rare metals made in China are traded internationally at low prices because China does not provide the various health considerations and guarantees that each country naturally takes into account. This is natural since this is a country where there is no sense of human rights. Radioactive materials are generated from rare metals during the mining process. As a result of not paying attention to the miners, radioactive materials flow into the river.
The fine aggregate, or fine sand, used in things like concrete is finely ground by river currents. Nuclear power plants in inland China use river water for cooling water, but it is said that nuclear power plant accidents occur frequently, and since it is a country like that, even if an accident occurs, it is naturally covered up.
As a result, we do not know what is contained in the building materials of condominiums. It is understandable that radioactivity levels were detected in Shanghai crabs taken downstream of the river.
Japan should always talk from a scientific perspective, and if the Chinese had a scientific perspective, would they realize that their country is already in a dire situation? If you still don't notice 30 years from now...
Xi Jinping's New Year's greeting contained the will to unify Taiwan. Before the New Year, President Xi Jinping announced the 2022 New Year's greetings through the China Media Group and the Internet. Xinhuanet reported.
President Xi said, "Looking back on this year, it was of extraordinary significance. We experienced a major event with a milestone in the history of the Chinese Communist Party and the nation. The history of the" Two Centenaries "struggle goal. We have started a new path of full-scale construction of a modernized socialist nation, and we are moving strongly and proudly on the path of to realize the great reconstruction of the Chinese people. "
"On July 1st, we celebrated the 100th anniversary of the founding of the Chinese Communist Party. If we keep our original intentions in mind, we will surely get results. Only by doing it properly, it is possible to go against history, against the times, and against the expectations of the people. "
President Xi said, "My country has consistently cared about the prosperity and stability of the Hong Kong and Macau districts. Only when we work together and work together to ensure a stable" one country, two systems ". It can be carried out in the long term. Achievement of complete unification of the homeland is a common wish of the people of both banks . I sincerely look forward to creating a wonderful future for the people. "
"When communicating over the phone with foreign leaders and heads of international organizations and holding video conferences, they made many contributions to China's fight against the new coronavirus and to prevent and curb the world's corona. At present, China has provided a total of more than 120 countries and international organizations with 2 billion doses of the new coronavirus vaccine. Only when countries around the world work together to overcome difficulties and unite and cooperate will humanity be destined. You can write a new chapter in community building. "
President Xi said, "In a little more than a month, the Beijing Winter Olympics and Paralympics will begin. Encouraging more people to participate in winter sports is also the essence of the Olympic Movement. We do our best to do our best. We dedicate a grand Olympic Games to the world. The world has high expectations for China, and China is already ready. "
Quoted article: People's Network Japanese version
Can China's encirclement aim to divide China? - Cut off tax revenue for the increasingly obese Chinese Communist Party.
What is the population of China
Revival of the issue of national self-determination
Can China's autonomous regions become independent
China creates its own concept of ethnicity and promotes Hanization policy
The Uighur issue spreads to other autonomous regions
China became a Jain nation
China's weakness is its large territory
If Japan, the US, and Europe do not create a network of encirclement of China and seal it off, it will be a disaster
China is said to have a population of 1.4 billion, but the actual population is around 90 million. 90 million people is the number of Communist Party members. Isn't it possible to think of the other 1.3 billion people as workers ruled by the Chinese Communist Party, rather than citizens, assuming democratic values?
The definition of the right to national self-determination has once again become a theme. Russia's invasion of Ukraine also uses this idea as a shield. Going back in time, the Nazis also began invading neighboring countries under the pretext of protecting Germans. On the other hand, it also functioned as the right of Asian countries to become independent from colonial rule, and under international law, independence from colonial rule was an exercise of the legitimate right to self-determination.
China has various autonomous regions, all of which are inhabited by different ethnic groups. Uighur, Tibet, Inner Mongolia Autonomous Region, etc. During a question session in the Japanese Diet about the right to self-determination for the Uyghur Autonomous Region, former Prime Minister Koizumi was ambiguous as to whether the right to self-determination advocated by the United Nations included the right to independence (within a non-colonial state). It cites examples such as the UN's adoption of Palestine's right to independence.
In other words, since this is what China is afraid of, it is eager to implement the Hanification policy. Han people have no relation to bloodline, and have established their own ethnic definition that if you accept Chinese style, culture, and customs, you are a Han ethnic group. On top of that, it is said that they are forcibly brainwashing the Uyghurs, calling them educational facilities.
If the Uighurs were to take up arms and exercise their right to self-determination and start a war of independence, international public opinion would once again be influenced by the United Nations' definition of the right to self-determination. Depending on the outcome, there is a strong possibility that this will spread to Tibet, Inner Mongolia, Zhuang, and other areas. If you add the population of China's autonomous regions, it will be about 100 million people. However, this ethnic area is also an important resource area for China. What would happen if they left? Taiwan is difficult here. It is difficult to say that Taiwan is a separate ethnic group from China.
At the same time, China is causing border problems in all directions. You can do whatever you want in the Spratly Islands. However, the other side of the coin is that China is completely surrounded by surrounding countries and regions that are frustrated with the Chinese Communist Party. The only reason why the surrounding areas are in suspense is because of the threat of China's 1.4 billion people. No. China has 90 million people. What would happen if you thought about it?.
China's military would be weakened if it was dispersed over a wide area. What would happen if other surrounding areas also started border disputes in the event of a Taiwanese emergency? Taiwan is no fun if it only defends Taiwan. Taiwan should take control of Fujian Province. This is to create a buffer zone. The Spratly Islands should be controlled together with the Philippines and Vietnam. Then, they should conquer Yunnan Province and liberate the Zhuang Autonomous Region. This is to create a buffer zone. India will control Kashmir. And we should take control of Sichuan Province. What will happen if Uighurs and Tibet go into a war of independence?
I would like Japan to work with the United States to engage in strategic diplomacy to seriously create a network of encirclement of China. The Chinese Communist Party is a monster that controls 1.3 billion people and siphons off tax revenue. The country receives 13 times more tax revenue than a country with 100 million people and 26 times more than a country with 50 million people, making it bloated. Where in the world is there a political party with 90 million people?
They simply refer to their area of control as a nation; they call it internal affairs. If a conflict were to start in all directions in the surrounding areas, the 1.3 billion people would have no independence in the first place and would be scattered and rendered powerless. The only way to seal this monster away is to divide the country and cut off tax revenue.