{"id":18941,"date":"2018-10-22T13:00:17","date_gmt":"2018-10-22T05:00:17","guid":{"rendered":"http:\/\/chinaworker.info\/?p=18941"},"modified":"2018-10-22T13:00:40","modified_gmt":"2018-10-22T05:00:40","slug":"bumps-on-xi-jinpings-belt-and-road","status":"publish","type":"post","link":"https:\/\/chinaworker.info\/en\/2018\/10\/22\/18941\/","title":{"rendered":"Bumps on Xi Jinping\u2019s \u2018Belt and Road\u2019"},"content":{"rendered":"<p><strong>Setbacks in Malaysia and Pakistan<\/strong><!--more--><\/p>\n<p>chinaworker.info\u00a0reporters<\/p>\n<p>China\u2019s grandiose \u2018Belt and Road Initiative\u2019 (BRI) to construct a 70-nation economic sphere under its leadership is encountering big problems: a pushback by Western powers and resistance within key BRI countries such as Malaysia and Pakistan.<\/p>\n<p>The aim of the BRI is to provide China with a captive market of economies in Asia, Africa and the Middle East, tied to it through loans for infrastructure projects and other deals. It was launched in 2013 as an insurance policy against the outbreak of global trade protectionism and sharper tensions between major powers, especially China and the US. That scenario has now arrived.<\/p>\n<p>The BRI\u2008has itself become a major issue in the US-China conflict with both Washington and the EU announcing alternative plans to lure governments in BRI\u2008countries away from China. As yet there is little real meat \u2013 in the form of multi-billion budgets \u2013 on the bones of these Western plans. But furious diplomatic scheming has begun.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-18942\" src=\"http:\/\/media.chinaworker.info\/2018\/10\/BRI.jpg\" alt=\"\" width=\"600\" height=\"360\" srcset=\"https:\/\/media1.chinaworker.info\/2018\/10\/BRI.jpg 600w, https:\/\/media1.chinaworker.info\/2018\/10\/BRI-300x180.jpg 300w, https:\/\/media1.chinaworker.info\/2018\/10\/BRI-92x55.jpg 92w, https:\/\/media1.chinaworker.info\/2018\/10\/BRI-310x186.jpg 310w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><strong>Debt crisis<\/strong><\/p>\n<h4><a href=\"http:\/\/chinaworker.info\/en\/2018\/02\/19\/16985\/\" target=\"_blank\" rel=\"noopener\">Read More\u00a0\u27b3\u00a0\u2018Belt and Road\u2019: Imperialism with Chinese characteristics<\/a><\/h4>\n<p>Beijing is also facing more resistance on the ground in BRI countries. Concerns are mounting over environmental damage, wasteful spending, debt traps and political interference by\u2008China.<\/p>\n<p>Malaysia is a test case \u2013 the country with the second highest number of BRI deals after Pakistan. Its leader since May, Dr Mahathir, shook Chinese officials when he complained of a \u201cnew version of colonialism\u201d and cancelled or froze several BRI projects including the US$20 billion East Coast Rail Link. A change of government in Pakistan has caused similar wobbles and threats to scrap projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Setbacks in Malaysia and Pakistan<\/p>\n","protected":false},"author":44,"featured_media":18942,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[132,148,124],"tags":[11793,207,174,12403,216,915],"class_list":{"0":"post-18941","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-china","8":"category-international","9":"category-news","10":"tag-belt-and-road-initiative","11":"tag-ccp","12":"tag-china-2","13":"tag-colonialism","14":"tag-imperialism","15":"tag-xi-jinping"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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