lørdag 15. desember 2018

China’s response to Belt and Road backlash

Chinese President Xi Jinping’s Belt and Road Initiative (BRI) is facing strong criticism abroad. US Vice President Mike Pence accused China of using ‘so-called “debt diplomacy” to expand its influence’. Former German foreign minister Sigmar Gabriel said China was using the BRI to ‘promote a value system different from the West’. India declares that the initiative harms its sovereignty. Others attack the BRI for not meeting ‘international standards’ on environmental and social sustainability, procurement, anti-corruption and transparency, pricing and debt sustainability.