{"id":14592,"date":"2019-03-18T19:14:38","date_gmt":"2019-03-18T19:14:38","guid":{"rendered":"https:\/\/www.icebreakerexecutive.com\/?p=14592"},"modified":"2019-03-18T19:14:38","modified_gmt":"2019-03-18T19:14:38","slug":"chinas-infrastructure-investment","status":"publish","type":"post","link":"https:\/\/winningthinking.co.uk\/?p=14592","title":{"rendered":"China&#8217;s Infrastructure Investment!"},"content":{"rendered":"<div id=\"ember1774\" class=\"feed-new-update-pill ember-view\"><\/div>\n<div id=\"ember1779\" class=\"feed-shared-update-v2 mh0 Elevation-2dp relative full-height feed-shared-update-v2--e2e ember-view\">\n<div id=\"ember1809\" class=\"feed-shared-update-v2__description feed-shared-inline-show-more-text feed-shared-inline-show-more-text--expanded ember-view\">\n<div id=\"ember1810\" class=\"feed-shared-update-v2__commentary feed-shared-text ember-view\" dir=\"ltr\">\n<div id=\"ember1811\" class=\"feed-shared-text__text-view feed-shared-text-view white-space-pre-wrap break-words ember-view\"><span aria-hidden=\"false\"><span id=\"ember1814\" class=\"ember-view\">In theory, everyone who takes part in this revived Silk Road scheme\u2014a list now more than 70 countries long\u2014benefits from it. Chinese companies plowed more than $15 billion into the initiative last year, according to Beijing\u2019s figures, but the rest is supposedly being fronted by the countries where the investments are being made. This is where Belt and Road gets really controversial, because many of these countries don\u2019t have the cash. Instead, many are taking Chinese loans that they may not be able to repay. As a result, China has been frequently accused of \u201cdebt trap diplomacy\u201d in the way Belt and Road is playing out. In 2017, China effectively seized Sri Lanka\u2019s Hambantota port. It had provided the loan for building it, and Sri Lanka couldn\u2019t cough up, so a debt-restructuring plan gave China a 99-year lease on the port and Sri Lanka the cash to repay the debt. Kenya\u2019s Mombasa port may suffer a similar fate. <\/span><\/span><\/div>\n<div>https:\/\/fortune.com\/2019\/03\/14\/what-is-china-belt-and-road-europe\/<\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In theory, everyone who takes part in this revived Silk  [&#8230;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14592","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China&#039;s Infrastructure Investment! - www.winningthinking.co.uk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/winningthinking.co.uk\/?p=14592\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China&#039;s Infrastructure Investment! 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