Tag: BRI
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DEBT-TRAP DIPLOMACY: WILL GREENLAND FALL INTO THE CHINESE TRAP?
Debt-trap diplomacy gained popularity through China’s Belt and Road Initiative (BRI). Coined by Brahma Chellaney, the term debt trap diplomacy refers to “offering projects/loans on terms that end up being too difficult for countries to repay, eventually compelling them to accept political or economic concessions.” China use this to establish presence and control over those…
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BUILD BACK BETTER WORLD (B3W): WEST’S COUNTER PLAN AGAINST CHINA
Joe Biden’s Build Back Better World (B3W) proposal highlighted the 2021 G7 summit. The world’s wealthiest economies, especially after facing the repercussions of the COVID pandemic, are in a huddle to counter China’s economic influence. Beijing seems to be playing a better game compared to Washington. The former has gained influence in as many countries…
