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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What do the People's Liberation Army think of U.S. aircraft carriers and landing attack ships?
Since the inauguration of the Biden administration, the U.S. has not only put pressure on China to restrict support for Chinese companies, but has also frequently dispatched military aircraft and warships to China to provoke them.
According to the Global Times, the U.S. has deployed the aircraft carrier Carl Vinson, the landing attack ship Esax, and the U.S. landing attack ship U.S.aircraft carriers Lincoln and Reagan.The Ohio-class strategic nuclear submarine Nevada also made an unusual appearance at a U.S. naval base in Guam.
It is unusual for the U.S. to deploy so much military force around China, giving the impression of dignity.Professor Wei Jung-woo of the Center for American Research at Fudan University said in an interview, "The U.S. is sending strategic nuclear submarines and aircraft carrier warships to the Indo-Pacific region to demonstrate its "power" and exercise military deterrence."
The U.S. is not the only military power in the world, but the U.S. is wrong in targeting China.Defense Ministry spokesman Oh Gyeom explained at a regular briefing on January 27 that the PLA's military training in 2022, emphasizing the need to strengthen military training and strengthen enemy suppression training and maintain full-time standby.We will accelerate the integration of training and practice so that we can fight at any time."
The behind-the-scenes stories of "the front line of military struggle" and "fight the enemy and train " are clear.The Global Times quoted an analyst as saying, "There have been experts so far."Despite the fact that the PLA took advantage of the opportunity to train against foreign troops, many netizens still regard it as "respectful."However, it has been confirmed that the Liberation Army is "using foreign troops to train."The U.S. did not expect such provocations around China to be the best training partner for the Liberation Army.This is to make up for the lack of combat experience.The U.S. is really shooting itself in the leg.
It seems that the U.S. military is a practical training partner for the People's Liberation Army's lack of practical experience.I don't understand what it means.
China's expansion policy is a historical necessity - Japan is the only neighboring country that did not listen.
Japan is probably the only East Asian country that has been not under Chinese control.Prince Shotoku's personal letter, "The Emperor of the rising Sun send a letter to you who is Emperor of the sun set ". declared that Japan was not a subordinate country to China.The Huns, Sun Fei, Khitan, Yeojin, Manchuria, and Mongolia were a threat to the Han nationality, and the era of the 16th Kingdom of the Five Kingdoms was a time when many ethnic groups owned the country.The Sunbae people established the Sui and Tang dynasties, the Nujin and the Manchurians established the Qing dynasties during the King Jin dynasties.
Originally, China was conscious of the northern and western continents.In order to guard against foreign invasion, the capital was relocated from Xi'an to Beijing and the Great Wall was built.The Korean Peninsula has not shown its willingness to invade China.Although it was a subordinate country, it maintained its ethnic area as a country.Unlike nomads in the northern part of the peninsula, they settled down.Due to the small area of flat land and the lack of agricultural technology, the land is poor and the number of slaves is large.When the nomadic people eat up, they just move to the next place.At the opening ceremony of the Beijing Olympics, the video of foreigners praising China was the essence of China, and as a result of conquest, China now exists.
The identity of China itself in history was to conquest Asia.
Mongolia, which unified the northern peoples in the past, invaded China and established a Yuan dynasties.This is the time when China's expansionary policy is the most important.To the north, the Duchy of Novgorod and other major Russian states were under control, and to the west, Poland was attacked three times.As a result, Poland became a ruined country, although it originally withdrew its troops.During this period, the Goryeo dynasties collapsed on the Korean Peninsula and returned to their original rule.
Aggression to Japan was carried out as part of Yuan's expansionary policy.As a result, the Yuan army was destroyed and Japan maintained its independence after two attacks.Historically, China has a strong belief that Asian countries are under Chinese rule.This is because China was unified by conquering Asia.Only Japan is different.China has never beaten Japan in history.
Japan is a rare country that repelled this during China's expansion and defended its independence against Western colonialism.
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.
Chinese Foreign Ministry "China celebrates the election of President-elect Yoon Seok-yeol as South Korea's new president," a spokesman for China's Foreign Ministry said at a regular press conference on Tuesday. "We hope to promote healthy and stable development of bilateral relations with South Korea."
Contrary to the official stance, Chinese foreign policy experts are paying keen attention to what kind of policies Yoon will take when he mentioned China's strong opposition to the deployment of additional high-altitude missile defense systems and the quad.
Mainstream Chinese media, including Xinhua News Agency and CCTV, introduced Yoon's thoughts on "developing mutually respectful Korea-China relations," but the network of patriotic Internet media said that Yoon is considered "Korea's Trump." Chinese media "Peng Peng" said that President-elect Yoon is advocating strengthening the Korea-U.S. alliance, and introduced the analysis of Professor Wang Xiaok-ku of Jilin University that "Korea-China relations will face a relatively big challenge in the future."
Cha Hull, secretary general of the Center for International Public Opinion Research at the Chinese think tank, told the Dong-A Ilbo, "If Yoon joins the Quad, the relationship between Korea and China will deteriorate further than the THAAD situation." Cha said, "Third was a missile threat to North Korea, but Quad clearly intends to target China. If it is decided to join, China will impose strong sanctions such as restricting South Korean companies' access to the Chinese market and suspending trade." He also said, "With China set to form a new leadership at the 20th party convention this fall, the check on the public will be accepted as an attempt to obstruct and destroy it."
Former Global Times editor Hu Jintao pointed out on his social media that "Korea's trade with China is larger than the combined trade with the U.S., Japan and Europe," adding, "There is a possibility that Cheong Wa Dae will take a big step to reverse Korea-China relations."
Source of quotation:
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?
