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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Japan that supported the Xinhai Revolution, Japan that protected the Last Emperor, and China that followed the West.
China's history is 72 years
Xinhai Revolution was carried out with support from Japan
The Last Emperor who sent donations for the Great Kanto Earthquake
Japan protected the exiled Puyi
Did China follow Sun Yat-sen's will
It is said that China has a history of 4,000 years, but that would be wrong. The People's Republic of China was established in 1949, so it is now 72 years old. At least since the founding of the Republic of China, it has been China, and Xi Jinping said at the 110th anniversary commemoration of the Xinhai Revolution that it is the People's Republic of China that will inherit Sun Yat-sen's will, but it is still 110 years old.
It is correct to say that human history has existed in what is now China for 4,000 years. Mainland China is an area where different ethnic groups founded various countries and then disappeared.
Sun Yat-sen was a person who learned about Japanese society and the Meiji Restoration when he defected to Japan, and succeeded in the Xinhai Revolution. They were supported by Japan's Takeshi Inukai and Toten Miyazaki. Sun Yat-sen said, ``Japan's Restoration was the cause of the Chinese Revolution, and the Chinese Revolution was the result of Japan's Restoration,'' and ``The two were originally connected to achieve the restoration of East Asia.''
In that case, wouldn't it be Sun Yat-sen and his supporters from Japan that created the current China?
It was Japan that supported the Xinhai Revolution, and Sun Yat-sen also inherited Japan's hopes for the restoration of East Asia.
Aixinjue Luo Puyi was the last emperor of China, the Xuantong Emperor, and is the so-called Last Emperor. After the Xinhai Revolution, Puyi made living in the Forbidden City a condition of his abdication. When Japan was struck by the Great Kanto Earthquake, Puyi announced that he would send donations to Japan, including a large amount of jewelry from within the Forbidden City.
Afterwards, the Beijing Coup occurred and Puyi was expelled from the Forbidden City, but Japan protected him. He approached Kenkichi Yoshizawa for protection through donations. Puyi was then protected by the Japanese concession of Tianjin.
After Japan's Kwantung Army conquered the Manchuria region, Puyi became the first emperor of Manchukuo. Although Manchukuo existed as a puppet government of Japan, Puyi lived as emperor again until the Soviet Union entered the war.
When thinking about who inherited Sun Yat-sen's will, it is not the People's Republic of China, assuming Sun Yat-sen's words, ``The two are originally connected as one and will achieve the restoration of East Asia.'' That's clear. The Chinese Communist Party is an anti-Japanese force, and current China is an anti-Japanese nation.
And even though China is in Asia, has it not sided with the West in its efforts to colonize Asia?
China sided with the West in World War II. The Potsdam Declaration was jointly signed by the United States, Britain, and China.
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.
Four basic documents and four agreements between Japan and China - The difference between Japan - China diplomacy and Japan - Korea diplomacy is that Japan and Korea do not have accumulated diplomat
Four agreements between Japan and China signed with former Prime Minister Abe
Four basic documents during Japan and China
History of diplomacy since the restoration of diplomatic relations
The key to diplomacy amid difficult Japan-China relations
There are no accumulated assets in Japan-Korea relations
In response to the news of Prime Minister Abe's death, a Chinese spokesperson said that he had made a great contribution to the development of Japan-China relations. In 2012, the issue of the Senkaku Islands came to light and anti-Japanese demonstrations broke out, and Prime Minister Abe held a Japan-China summit meeting in APAC and reached an agreement on four points.
Four agreements between Japan and ChinaBoth sides will abide by the principles and spirit of the four basic documents between Japan and China, and They confirmed that they would continue to develop a mutually beneficial strategic relationship.
Both sides reached some consensus on the need to face history squarely, follow the spirit of looking toward the future, and overcome the political difficulties affecting bilateral relations.
Both sides recognize that they have different views on the recent tense situation in the waters of the East China Sea, including the Senkaku Islands, and through dialogue and consultation, prevent the situation from deteriorating and establish a crisis management mechanism. There was a consensus on the need to avoid unforeseen situations.
Both sides agreed to gradually resume political, diplomatic, and security dialogue by utilizing various multilateral and bilateral channels, and to strive to build a relationship of mutual political trust.
These are the four agreements that China often refers to. The four basic documents in item 1 are:
Four basic documents between Japan and China1972 Japan-China Joint Declaration1978 Japan-China Treaty of Peace and Friendship 1998 Japan-China Joint Declaration on Building a Partnership of Friendship and Cooperation for Peace and Development 2008 Japan-China Joint Statement on the Comprehensive Promotion of “Mutually Beneficial Relations”
means.
The first of the four agreements promised that both sides would abide by the treaties and agreements they had signed so far. This also means that Japan-China relations are based on four documents that Chinese spokesmen frequently comment on. Although China is a country with many problems internationally, it is said that China is principled, and this is where the diplomatic axis between Japan and China lies.
Japan-China relations and Japan-Korea relations have completely different positions and histories. However, the biggest difference is that since South Korea has scrapped all previous agreements, there are no diplomatic assets that Japan and South Korea have accumulated politically and diplomatically.
Both China and South Korea have recently become Asian countries that neither of them want to associate with, but their diplomatic relations have completely different histories.
Chinese Foreign Ministry "China celebrates the election of President-elect Yoon Seok-yeol as South Korea's new president," a spokesman for China's Foreign Ministry said at a regular press conference on Tuesday. "We hope to promote healthy and stable development of bilateral relations with South Korea."
Contrary to the official stance, Chinese foreign policy experts are paying keen attention to what kind of policies Yoon will take when he mentioned China's strong opposition to the deployment of additional high-altitude missile defense systems and the quad.
Mainstream Chinese media, including Xinhua News Agency and CCTV, introduced Yoon's thoughts on "developing mutually respectful Korea-China relations," but the network of patriotic Internet media said that Yoon is considered "Korea's Trump." Chinese media "Peng Peng" said that President-elect Yoon is advocating strengthening the Korea-U.S. alliance, and introduced the analysis of Professor Wang Xiaok-ku of Jilin University that "Korea-China relations will face a relatively big challenge in the future."
Cha Hull, secretary general of the Center for International Public Opinion Research at the Chinese think tank, told the Dong-A Ilbo, "If Yoon joins the Quad, the relationship between Korea and China will deteriorate further than the THAAD situation." Cha said, "Third was a missile threat to North Korea, but Quad clearly intends to target China. If it is decided to join, China will impose strong sanctions such as restricting South Korean companies' access to the Chinese market and suspending trade." He also said, "With China set to form a new leadership at the 20th party convention this fall, the check on the public will be accepted as an attempt to obstruct and destroy it."
Former Global Times editor Hu Jintao pointed out on his social media that "Korea's trade with China is larger than the combined trade with the U.S., Japan and Europe," adding, "There is a possibility that Cheong Wa Dae will take a big step to reverse Korea-China relations."
Source of quotation:
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.
