Will Ethiopia's default be the end of African investment? Debt trap derived from One Belt, One Road.
2024-01-13
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ethiopian default
China's One Belt, One Road initiative is set to go even further down the road after Africa's Ethiopia defaulted on the ２nd, unable to pay interest on its debt due in December. The countries circled on the map in the image are the countries where China is primarily investing. Ethiopia, which defaulted this time, is marked in red. One Belt, One Road is a route south to Italy in Europe, but Italy has announced its withdrawal from One Belt, One Road. This is the departure of the western base. Where is Kitaji's base? It is now Kiiv, the capital of Ukraine, which is currently at war.
One Belt, One Road debt trap
Yellow countries are those with excessive debt to China. Includes Sudan and Somalia. These are the countries along the Suez Sea, including Ethiopia, which follow the Suez Canal, and China was trying to gain control of the sea route to the Mediterranean Sea. The rationale is simple: once the One Belt, One Road project starts, we can make a lot of money, so why not borrow money and prepare?
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The acquisition of African countries by the world's underground financial institution AIIB is China's national strategy.
AIIB is the world's black finance. Lending money to developing countries to realize OBOR. They provide funds that cannot be repaid, and when they are unable to repay, they seize the country's ports and other facilities. If OBOR is realized, the countries in the area will become rich. That's why it's better to borrow more and more money.
With this financing, China bought up votes in the United Nations, including African countries.
Originally, the African continent was divided into two colonies, British and French, and the British Commonwealth and French Community held the vote in the United Nations, but what is the situation like now? OBOR is China's national takeover strategy.
Communism views capitalists and managers as enemies. Workers become subordinate to capital, and capitalists who acquire large amounts of capital become figures that shake up the nation. Therefore, Chinese companies are controlled by the state as state-owned or semi-state-owned.
In modern China, the state is the capitalist. They invest in domestic and international development in the name of investing in the region and the nation.
If you look at the fact that they are subjugating developing countries to capital, they are essentially no different from the capitalists they see as their enemies.
In fact, it's even worse.
road to south africa
South Africa has the highest GDP among African economies, and it can be seen that the countries on the land route to South Africa are also trying to keep it in check. Countries other than the ones circled account for ３６.９% of China's investments in Africa, so it is spreading money to almost all countries. The purpose is to buy votes from the United Nations. African countries account for approximately ２８.５% of the votes in the United Nations. This is what is behind China and the West, dismissing it as a minority opinion.
Related to the Taiwan Strait
This is actually related to the Taiwan Strait issue. Mainly African countries support China's "one China principle." Africa does not want to get into trouble with its creditor country, China, over a faraway island with which they do not have any exchanges.
If the countries along the Suez Sea default, the Belt and Road initiative will end for Africa.
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falsification of China's GDP This was revealed after the collapse of the Soviet Union, but only half of its GDP was exist.In the 56 years from 1929 to 1985, national income was 90 times (actually 6.5 times).The average growth rate was 8.3 percent, but actually 3.3 percent.Even U.S. Nobel laureate Paul Samuern believes in Soviet statistics and said the Soviet Union is growing.To that extent, the method of falsifying statistics was meticulous.
The People's Republic of China, founded in 1949, has carried out reforms, but it was the Soviet Embassy that served as the headquarters.Also after Mao Zedong's Cultural Revolution and Deng Xiaoping's reform and opening-up, statistical methods continued.China is not capitalism.When foreign companies establish their own companies in China, they cannot take out the capital they have invested in because it is a joint venture.GDP tampering is effective in attracting foreign investment and does not need to be returned.
China's strategy for archipelago warfare.upside - down map reveals one's ambition to enter the Pacific Ocean
This is a map of the archipelago line from China.From China's point of view, the First Archipelago Line is designed to contain China in the ocean.The presence of American troops in Okinawa is also an important point.China cannot break through the line without the understanding of other countries, and on the contrary, it is said that U.S. nuclear submarines can easily cross the first archipelago line into Chinese territorial waters.
Now China is trying to make all the inside of the First Archipelago Line belong to China.That's Hong Kong, Taiwan, Korea, and the Nansha Islands .The second archipelago line runs all the way to Guam.In recent years, many Chinese ships have been seen in Japan's Ogasawara Islands.The Ogasawara Islands are located almost on the second archipelago line from the Japanese archipelago to Guam.
The Third Archipelago Line leads to Hawaii .The U.S. military has already sealed China close to China, but China aims to acquire Taiwan and the Senkaku Islands, reach the second and third islands, and eventually acquire Hawaii.If China takes over Hawaii, it will be able to attack the U.S. mainland based there.
If Taiwan is recognized by the state and Japan and Taiwan are included in the alliance, the South China Sea will be covered from the north, while China will not be able to enter the Pacific Ocean.In other words, the QUAD and Taiwan policies advocated by former Prime Minister Abe are correct .In QUAD, it would be even stronger if the Philippines, Malaysia, and Vietnam could be introduced from Australia and India across the sea.Collaboration between Japan, the United States and Taiwan will also be able to function as part of this.
Don't let China go to the Pacific Ocean.Japan is in danger of Chinese ships and submarines from all directions.
China's expansion policy is a historical necessity - Japan is the only neighboring country that did not listen.
Japan is probably the only East Asian country that has been not under Chinese control.Prince Shotoku's personal letter, "The Emperor of the rising Sun send a letter to you who is Emperor of the sun set ". declared that Japan was not a subordinate country to China.The Huns, Sun Fei, Khitan, Yeojin, Manchuria, and Mongolia were a threat to the Han nationality, and the era of the 16th Kingdom of the Five Kingdoms was a time when many ethnic groups owned the country.The Sunbae people established the Sui and Tang dynasties, the Nujin and the Manchurians established the Qing dynasties during the King Jin dynasties.
Originally, China was conscious of the northern and western continents.In order to guard against foreign invasion, the capital was relocated from Xi'an to Beijing and the Great Wall was built.The Korean Peninsula has not shown its willingness to invade China.Although it was a subordinate country, it maintained its ethnic area as a country.Unlike nomads in the northern part of the peninsula, they settled down.Due to the small area of flat land and the lack of agricultural technology, the land is poor and the number of slaves is large.When the nomadic people eat up, they just move to the next place.At the opening ceremony of the Beijing Olympics, the video of foreigners praising China was the essence of China, and as a result of conquest, China now exists.
The identity of China itself in history was to conquest Asia.
Mongolia, which unified the northern peoples in the past, invaded China and established a Yuan dynasties.This is the time when China's expansionary policy is the most important.To the north, the Duchy of Novgorod and other major Russian states were under control, and to the west, Poland was attacked three times.As a result, Poland became a ruined country, although it originally withdrew its troops.During this period, the Goryeo dynasties collapsed on the Korean Peninsula and returned to their original rule.
Aggression to Japan was carried out as part of Yuan's expansionary policy.As a result, the Yuan army was destroyed and Japan maintained its independence after two attacks.Historically, China has a strong belief that Asian countries are under Chinese rule.This is because China was unified by conquering Asia.Only Japan is different.China has never beaten Japan in history.
Japan is a rare country that repelled this during China's expansion and defended its independence against Western colonialism.
What China wants to get is more than necessary.Taiwan called them as
Chinese culture is one where extravagance is a virtue. It is hospitality to provide more food than you can eat, and leaving some leftover food means that you are full, and conversely, eating all of it means that you didn't have enough food, which is a cultural difference. I'm surprised.
When Japan withdrew from the war and the Republic of China (KMT) came to Taiwan, it was expressed as ``the dogs left and the pigs came.'' The meaning is that dogs (in Japan) are noisy but protect the house. It means that the pig (KMT) will only eat up. It is said that Taiwanese received Japanese education during the Japanese colonial period, and were taught the concepts of moderation, restraint, and patience. This brought order to Taiwanese society and reduced crime. For Taiwanese people, the rule by the Chinese Nationalist Party must have seemed too contrasting.
When I was a student, I worked part-time at a karaoke pub in Shibuya, and Mr. Li, a Chinese man working in the kitchen, was often scolded by the manager for eating food from the kitchen. The rule for the food provided by the store was that you could eat as much white rice as you wanted, but Mr. Lee was eating a pile of white rice on a platter similar to curry rice.
He ended up secretly eating an apple in the bathroom, which got him fired. The reason for this was that apple cores clogged the toilet and caused a flood. At that time, China was still poor, and my Japanese part-time friend said that it was a pity to be fired because China was poor, but I thought that no matter how poor someone was, if they were full, they wouldn't eat any more.
The Chinese believe that there is no problem because pigs eat leftover food left over by humans, and humans then eat the pigs. In China, it is considered polite to leave much of a meal uneaten, which is why there is no sense of guilt. When China began economic growth, the problem of garbage became a problem. I remember that a large amount of leftover food became impossible to dispose of, and a female newscaster on a Chinese news program shouted, ``Even pigs can't eat any more garbage!'' I wonder if she is also making a mistake with this caster. Leftover food from restaurants in the city is not sent to pig farms.
What I'm trying to say is that in Chinese culture, you need more than you need to be satisfied. Satisfaction can only be achieved when you have all of them. This means that even in times of poverty, the idea of moderation and moderation did not develop as a culture. When I think about it, I get a chill down my spine as I wonder how much of what China currently wants to obtain.
What current China wants to gain from its expansion policy. It's not what you need, it's more than you need.
Will Foreign Minister Wang Yi and Foreign Minister Lavrov enter a new era by promising cooperation in various fields?
Lavrov, who is visiting China on the 30th, held talks with Chinese Foreign Minister Wang Yi.Foreign Minister Wang Yi said, "The will of both sides to develop bilateral relations will become stronger and the belief to promote cooperation in various fields will become stronger."Foreign Minister Lavrov responded by saying, "We will continue to develop our relations with China steadily."
In addition, Chinese state media wrote that we have no restrictions on cooperation between China and Russia on Twitter,there are no restrictions on peace, security and opposition to hegemony.
During the invasion of Ukraine, it was confirmed that China was aiming to develop relations with Russia.It can be interpreted as , which includes military field, among the cooperation in various fields that Wang Yi said.If any security cooperation is established between Russia and China, China's invasion of Taiwan will become a reality.In this case, the United States, like Ukraine, is likely not to defend Taiwan.At least the current Biden administration is likely to abandon Taiwan easily if China and Russia become a barrier.
Does this mean that China has taken the lead in building relations with Russia while there is no clue to improving relations with the United States?In the first place, the U.S.-China relationship began with the aim of bringing China to the U.S. camp in Asia and putting pressure on the Soviet Union during the Cold War.President Nixon's surprise visit to China will be followed by normalization of diplomatic relations between Japan and China.The United Nations recognized the People's Republic of China as China's representative government, and the Republic of China (Taiwan) withdrew from the United Nations.If China were to join the Russian camp this time, it would be a self-evident result that the opposite effect, or the movement to pressure the liberal camp, would intensify.Nevertheless, it is hard to imagine that the United States and other liberal countries will bring China back by improving relations with China.China may not have been the card to deal with.
