China’s Bid for World Domination: Belt and Road Initiative by Chadwick Hagan Published by The Epoch Times The Belt and Road Initiative (BR...

Column: China’s Bid for World Domination

 




China’s Bid for World Domination: Belt and Road Initiative
by Chadwick Hagan
Published by The Epoch Times


The Belt and Road Initiative (BRI) is an internationally planned infrastructure development project for China and the emerging economies that trade with or border China. It is a move designed to recapture the ancient Silk Road and expand China’s influence. Critics say the BRI projects present dangers to participating countries, such as debt traps.

The original Silk Road lasted until the 15th century. It was a vast trade network that began in the Far East and ended in Europe, winding through the countries of modern-day Afghanistan, Kazakhstan, Korea, Kyrgyzstan, India, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan. Today this area is ground zero for China’s BRI.

Originally called “One Belt, One Road,” China’s BRI combines the Silk Road Economic Belt, which has six development corridors: the New Eurasian Land Bridge Economic Corridor (NELBEC); the China–Mongolia–Russia Economic Corridor (CMREC); the China-Central Asia–West Asia Economic Corridor (CCWAEC); the China–Indochina Peninsula Economic Corridor (CICPEC); the Bangladesh–China–India–Myanmar Economic Corridor (BCIMEC); and the China–Pakistan Economic Corridor (CPEC). This is combined with the 21st century Maritime Silk Road, which begins in the South China Sea, flows through the Red Sea, and ends in the Mediterranean. Both roads end in Rotterdam.

The BRI is the most ambitious economic development and infrastructure project we have ever seen. Infinitely larger than the Suez Canal and the Panama Canal, the BRI aims to connect large swaths of land across China’s border and promote massive infrastructure developments.

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