Belt Road Initiative
Belt Road Initiative
All is not well with BRI as many links in the chain are delayed, some of which will likely be canceled. Laos is renegotiating it's loan obligations in order to avoid default, even before the high speed rail line is operational.
Funding is drying up as you can see here locally.
https://www.scmp.com/business/companies ... rious-peak
The port of Hambantota in Sri Lanka is the classic example of the debt trap.
The entire project lacks central management, is mired in chaos, and will likely mirror "The great Leap Forward".
https://thediplomat.com/2020/09/inside- ... ad-tangle/
It has also become very clear that many BRI ports have a strong military dual use by design.
https://www.scmp.com/news/china/diploma ... uld-use-us
Funding is drying up as you can see here locally.
https://www.scmp.com/business/companies ... rious-peak
The port of Hambantota in Sri Lanka is the classic example of the debt trap.
The entire project lacks central management, is mired in chaos, and will likely mirror "The great Leap Forward".
https://thediplomat.com/2020/09/inside- ... ad-tangle/
It has also become very clear that many BRI ports have a strong military dual use by design.
https://www.scmp.com/news/china/diploma ... uld-use-us
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