US steps up belt and road offensive saying it offers fairer deals than China’s ‘debt trap’

[Aasimkhan]

Oh really you want to go there! Just look at your own back yard aka Latin America how over the past 150 so years you had been interfering in pretty much every country. Had you forgotten your tacit support for right wing militias and dictators across the continent? The contras in 80's, the stupid drug war since 70s. Dont come here on your high horse and claim superiority based on some twisted logic of American Exceptionalism. Dictators, yeah right like KSA and Arab countries are a shining example of democracies.

America is a disgrace as country, the off springs of thugs and thieves of entire filth of europe.

 

[LeGenD]

I suggest formulating opinion on the basis of available data and additional forms of information - free from personal biases and prejudices.

Foreign direct investment levels >>> Foreign aid levels over time.

Link: https://www.titlemax.com/discovery-center/money-finance/debts-owed-by-the-us-and-owed-to-the-us/

----

Comparisons between US and China in the matters of foreign commitments:-

Full set of disclosures and comparisons in this link: https://www.aiddata.org/china-official-finance

 

[OIO]

US steps up belt and road offensive saying it offers fairer deals than China’s ‘debt trap’

• Video on US State Department website tells countries to ‘be wary’ of risks from Beijing’s infrastructure drive
• America is trying to promote its ‘fairer and more transparent’ alternative

Orange Wang Friday, 3 May 2019, 5:35AM

The United States has stepped up its attacks on China’s Belt and Road Initiative claiming Washington offers a better option through “transparent, free and fair trade deals”.

ShareAmerica, a website managed by the Department of State to promote US policy and culture, warned in a new video that as China pushes the initiative, countries should be careful “not to get caught in China’s belt and road debt trap”.

The video – which has been subtitled in six other languages, including Chinese – repeated warnings from the Centre for a New American Security, a US think tank, that taking part countries would face the risk of excess debt, environmental problems and losing control of their strategic assets if they signed up for the transcontinental infrastructure project.

The clip, which urged countries to “be wary and examine the record of previous investments” was posted on April 25, the first day of the second Belt and Road Forum in Beijing, where China welcomed leaders from 37 countries and signed US$64 billion worth of deals.

On Thursday the US embassy in Beijing retweeted the warning in a Chinese language post.

Concerns that countries that sign up for the initiative will end up being saddled with unsustainable debts have been growing – even among those that have endorsed it – prompting an effort from Beijing to allay those fears.

At last week’s summit Chinese President Xi Jinping, defended the plan saying it would benefit all its participants and not just China.

While the spotlight focuses on belt and road forum, the subplot evolves offstage

“The belt and road is not an exclusive club,” he said, “it aims to enhance connectivity and practical cooperation … delivering a win-win outcome and common development”.

The Belt and Road Initiative has been seen as an attempt by China to strengthen its global influence through reshaping the economic and geopolitical landscape across the world, and been attacked as form of “chequebook diplomacy” that might damage its partners.

The ShareAmerica video repeated these warnings, saying the “liabilities for host countries – loss of control, opacity, debt, dual-use potential and corruption – are often strategic assets for Beijing”.

As an example of the risks, it cited the Chinese-funded Coca Codo Sinclair dam in Ecuador – which has been beset with allegations of corruption and bribery and contributed to a situation whereby the South American country has to hand over 80 per cent of the oil it produces to China to pay its debts.


Last month the US announced that its Overseas Private Investment Corporation would team up with its Canadian and EU counterparts to offer emerging economies a development alternative to “unsustainable state-led models” – a veiled reference to the Belt and Road Initiative.

The ShareAmerica website has posted a number of other videos and articles criticising China.

China seeks to prove critics wrong with star belt and road projects

These include attacks on its repressive controls in Xinjiang, where the United Nations has estimated that a million or more Muslims are being held in detention camps; on Chinese lending and support for businesses in Venezuela; and warnings that Confucius Institutes in American universities threaten academic freedom.

The video highlighted US warnings of a debt trap associated with the project. Photo: Handout


However, earlier this week the Rhodium Group, a New York-based consultancy, downplayed the risks of a belt and road debt trap by saying that China was generally inclined to renegotiate or write off belt and road debts rather than seizing assets.

Its research looked at 40 cases of external debt renegotiation between 2007 and this year and found there was only one confirmed case of asset seizure – the Hambantota port in Sri Lanka.

All local countries benefit from peace and development in AsiaEuro island.
while sea power countries benefit from war and chaos in AsiaEuro island.

 

[nahtanbob]

Oh really you want to go there! Just look at your own back yard aka Latin America how over the past 150 so years you had been interfering in pretty much every country. Had you forgotten your tacit support for right wing militias and dictators across the continent? The contras in 80's, the stupid drug war since 70s. Dont come here on your high horse and claim superiority based on some twisted logic of American Exceptionalism. Dictators, yeah right like KSA and Arab countries are a shining example of democracies.

Even the worst Latin American regimes cannot hold a candle to likes of Khmer Rouge and Dear Leader in North Korea

If you knew what a nuke was and what actually happened you wouldn't be making such statements. Especially considering the US dropped two of them and that Germany had surrendered months before the bombs were dropped, it was only a matter of time before Japan surrendered. The bombs just expedited the result. You are probably one of the worst Indians on here.

It is easy to say "The bombs just expedited the result". what about hundreds of thousands American soldiers who will lose their lives ?? Remember USA did not start the ****** war

What makes you think American leaders/scientists thought through all the implications of the nukes and nuclear technology ? they were dumb enough to share it with the world war after the war

 

[nahtanbob]

LOL oh man. The justifications of the ‘Muricans.

if you fight the japanese in brutal combat you would not whining about nukes
if not for america in ww 2 your friend china would be speaking japanese

 

[CrazyZ]

USA had a big chance to do some sort of Marshall Plan in the middle east after 9/11. USA would have benefited big time by boosting the regional economy, lowering militancy and enhancing USA's image. The neocon Israel lobby never let it. The chance is blown now...USA is the sick man of the middle east.

 

[sinait]

if you fight the japanese in brutal combat you would not whining about nukes
if not for america in ww 2 your friend china would be speaking japanese

Fat chance.
The Chinese are made of tougher stuff.
The Chinese will prevail with or without American help, it would just take longer.

The Japanese made a grave error, thinking they could overcome the Chinese in 3 months like how the British enslaved the FECKLESS LOW MUSCLE MASS Indians with JUST 3000 soldiers.
Japan was unable to win over China with 1 million soldiers over 8 years whereas they easily overtook Vietnam with 10000 men in JUST 1 week.

If the JAPANESE were NOT SO DUMB, and was willing to become Chinese and rule as Chinese.
Together the united East Asian Chinese would make the US and India speak Chinese.
.

 

[GumNaam]

america's achellie's heel is democracy itself. China has proven itself to be friend in deed to Pakistan and to others and has continuation of policies unlike the u.s. that changes friends faster than a drug addict changes needles and policies change with every new election.

 

[nahtanbob]

Fat chance.
The Chinese are made of tougher stuff.
The Chinese will prevail with or without American help, it would just take longer.

The Japanese made a grave error, thinking they could overcome the Chinese in 3 months like how the British enslaved the FECKLESS LOW MUSCLE MASS Indians with JUST 3000 soldiers.
Japan was unable to win over China with 1 million soldiers over 8 years whereas they easily overtook Vietnam with 10000 men in JUST 1 week.

If the JAPANESE were NOT SO DUMB, and was willing to become Chinese and rule as Chinese.
Together the united East Asian Chinese would make the US and India speak Chinese.
.

Of course no mention of the fact USA supplied weapons to the nationalists and Soviets supplied the communists

 

[sinait]

Of course no mention of the fact USA supplied weapons to the nationalists and Soviets supplied the communists

Come up with proof that USA supplied weapons was instrumental for the Chinese to prevail against the Japanese.
As stated it may take longer but ultimately the ingenious Chinese will VANQUISH the Japanese.
Don't forget many a US innovation or invention was helped along with ethnic Chinese efforts.

https://blogs.wsj.com/chinarealtime...man-who-got-u-s-aircraft-giant-boeing-flying/
The Chinese Birdman Who Got US Aircraft Giant Boeing Flying
It isn't well known outside aviation circles that the first engineer at U.S. aircraft maker Boeing almost a century ago was a man from China, Wong Tsu(Wang Tsu).
Mr. Wong’s(Wang Tsu) hiring by Boeing produced almost immediate results.

https://www.nytimes.com/2019/05/16/obituaries/im-pei-dead.html
I.M. Pei, Master Architect Whose Buildings Dazzled the World

https://www.forbes.com/sites/forbesasia/2014/05/12/the-chinese-helped-build-america/
The Chinese Helped Build America

Learn to be GRATEFUL to the Chinese.
.

 

[nahtanbob]

Come up with proof that USA supplied weapons was instrumental for the Chinese to prevail against the Japanese.
As stated it may take longer but ultimately the ingenious Chinese will VANQUISH the Japanese.
Don't forget many a US innovation or invention was helped along with ethnic Chinese efforts.

https://blogs.wsj.com/chinarealtime...man-who-got-u-s-aircraft-giant-boeing-flying/
The Chinese Birdman Who Got US Aircraft Giant Boeing Flying
It isn't well known outside aviation circles that the first engineer at U.S. aircraft maker Boeing almost a century ago was a man from China, Wong Tsu(Wang Tsu).
Mr. Wong’s(Wang Tsu) hiring by Boeing produced almost immediate results.

https://www.nytimes.com/2019/05/16/obituaries/im-pei-dead.html
I.M. Pei, Master Architect Whose Buildings Dazzled the World

https://www.forbes.com/sites/forbesasia/2014/05/12/the-chinese-helped-build-america/
The Chinese Helped Build America

Learn to be GRATEFUL to the Chinese.
.

Let us cut the crap. Chinese laborers worked on the West Coast. There were 120,000 of them. Who worked on the rest of USA ?

Without outside help China's chances of beating Japan is zero. Japanese troops with air power would beat you into submission for centuries. you ignore the fact Japan had to deploy all their air power against USA. Keep in mind USA wiped out japanese air force, japanese merchant fleet and fire bombed Japanese cities

 

[sinait]

Let us cut the crap. Chinese laborers worked on the West Coast. There were 120,000 of them. Who worked on the rest of USA ?

Without outside help China's chances of beating Japan is zero. Japanese troops with air power would beat you into submission for centuries. you ignore the fact Japan had to deploy all their air power against USA. Keep in mind USA wiped out japanese air force, japanese merchant fleet and fire bombed Japanese cities

Yeah, without the Chinese holding 1 MILLION Japanese forces in China instead of aiding the Japanese by adding a few million soldiers to the Japanese ranks, and have an industrial base the size of China supply the Japanese war effort, the whole world will have to speak Japanese now.

UNGRATEFUL SCUMS.
.

 

[nahtanbob]

Yeah, without the Chinese holding 1 MILLION Japanese forces in China instead of aiding the Japanese by adding a few million soldiers to the Japanese ranks, and have an industrial base the size of China supply the Japanese war effort, the whole world will have to speak Japanese now.

UNGRATEFUL SCUMS.
.

There is no industrial base in China. If there was one it would make an ideal target for bombers. Ask the Nazis.

Tell me exactly what the hell are those extra 1 million Japanese going to do against US military in World War 2. US Navy bypassed all the strong points on their way to Okinawa

Worst case it would have been a dozen nukes instead of two to end the war

 

[sinait]

There is no industrial base in China. If there was one it would make an ideal target for bombers. Ask the Nazis.

Tell me exactly what the hell are those extra 1 million Japanese going to do against US military in World War 2. US Navy bypassed all the strong points on their way to Okinawa

Worst case it would have been a dozen nukes instead of two to end the war

Sino-Japan war started in 1937.
If it went according to Japanese calculations, that is victory in 3 months time.
That would give the Japanese ample time and huge China resources to build their empire.
Pearl harbor may not even happen as the Japanese can get their metals and and oil resources in China.
China was once an oil exporting country when requirements were not so huge.
With added human resources, Japan could help the Germans and together be on the US shores in no time and the US may not have the space and safety and spare resources to leisurely build their atom bomb.

Just be grateful it did not turn out that way, thanks to the sacrifices the Chinese made.
The US had altruistic intentions in helping the Chinese? MY FOOT.
AND DON"T DAY DREAM AND SPECULATE TOO MUCH, a characteristic of the deluded Indians.
.

 

[nahtanbob]

Sino-Japan war started in 1937.
If it went according to Japanese calculations, that is victory in 3 months time.
That would give the Japanese ample time and huge China resources to build their empire.
Pearl harbor may not even happen as the Japanese can get their metals and and oil resources in China.
China was once an oil exporting country when requirements were not so huge.
With added human resources, Japan could help the Germans and together be on the US shores in no time and the US may not have the space and safety and spare resources to leisurely build their atom bomb.

Just be grateful it did not turn out that way, thanks to the sacrifices the Chinese made.
The US had altruistic intentions in helping the Chinese? MY FOOT.
AND DON"T DAY DREAM AND SPECULATE TOO MUCH, a characteristic of the deluded Indians.
.

Altruism was never the sole driver of foreign policy. Some people correctly identified Hitler as evil.

China or no China the Germans and Japanese do not have a prayer to come to American shores.

China has no significant oil or rubber

USA, British Empire and USSR was too big entities for Germany and Japan to fight