Will Ethiopia's default be the end of African investment? Debt trap derived from One Belt, One Road.
2024-01-13
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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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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
Korea has the largest ODA per population.China Appreciates Japan's Economic Aid
According to Japan's Ministry of Foreign Affairs, ODA to China totaled about 3.9 trillion yen from 1979 to 2016.More than 60% of China's foreign aid is from Japan.Shanghai Pudong International Airport, Beijing Capital International Airport, Lanzhou, Wuhan, and Xi'an airports were also built with Japanese aid.In addition, 5,200 kilometers of railways, Beijing sewage treatment plants, Sino-Japanese Friendship Hospital, Beijing Subway, Chongqing Railway, and major ports have been built and expanded.
Since the 2000s, JICA has been training more than 15,000 managers and HIDA has been training more than 22,000.Former General Secretary Deng Xiaoping and former General Secretary Hu Jintao officially thanked each other.Recently, Deputy Spokesman Hua Chunying thanked Japan, saying, "Japan's ODA has contributed greatly to China's reform and opening-up and economic development," adding, "We will discuss new cooperative relations with Japan."
Although there are territorial issues in Sino-Japanese relations, the Chinese government officially acknowledges that Japan has contributed greatly to China's development.
The amount of ODA to South Korea is 650.2 billion yen, but the total value of $500 million, including free financial cooperation and private cooperation, is said to be 2-3 trillion yen.Compared to China, South Korea has the most aid in terms of ODA costs per population.
Japan apologized to South Korea several times during the annexation of South Korea and Japan, but South Korea did not remember.I don't think Japan remembers being thanked by South Korea, but this is more true.On the contrary, after the end of ODA program for South Korea in 1990, the problem of recruiting workers and Japanese Military comfort woman grew.Is it just my imagination that they seem to have started after end of ODA.
Since the end of ODA to South Korea, the anti-Japanese movement in South Korea has become popular.Is this a coincidence?
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.
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.
China's strategy for archipelago warfare.upside - down map reveals one's ambition to enter the Pacific Ocean
This is a map of the archipelago line from China.From China's point of view, the First Archipelago Line is designed to contain China in the ocean.The presence of American troops in Okinawa is also an important point.China cannot break through the line without the understanding of other countries, and on the contrary, it is said that U.S. nuclear submarines can easily cross the first archipelago line into Chinese territorial waters.
Now China is trying to make all the inside of the First Archipelago Line belong to China.That's Hong Kong, Taiwan, Korea, and the Nansha Islands .The second archipelago line runs all the way to Guam.In recent years, many Chinese ships have been seen in Japan's Ogasawara Islands.The Ogasawara Islands are located almost on the second archipelago line from the Japanese archipelago to Guam.
The Third Archipelago Line leads to Hawaii .The U.S. military has already sealed China close to China, but China aims to acquire Taiwan and the Senkaku Islands, reach the second and third islands, and eventually acquire Hawaii.If China takes over Hawaii, it will be able to attack the U.S. mainland based there.
If Taiwan is recognized by the state and Japan and Taiwan are included in the alliance, the South China Sea will be covered from the north, while China will not be able to enter the Pacific Ocean.In other words, the QUAD and Taiwan policies advocated by former Prime Minister Abe are correct .In QUAD, it would be even stronger if the Philippines, Malaysia, and Vietnam could be introduced from Australia and India across the sea.Collaboration between Japan, the United States and Taiwan will also be able to function as part of this.
Don't let China go to the Pacific Ocean.Japan is in danger of Chinese ships and submarines from all directions.
