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The Belt and Road Initiative
The Threat of an Economic Cold War with China
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2022
Summary
As the US and the European Union dealt with the fallout of the 2008 financial crisis, China moved quickly to create the Belt and Road Initiative (BRI) in 2013. The aim was to develop ports, rails, roads and more, in nations around the world. China now has contracts in over 148 countries and provides loans and workers to fulfill these projects, all with hidden agendas. The intent behind the initiative is to economically dominate the world in short time, assuring China’s goal of becoming the most powerful nation in the world. There is a growing mistrust of the BRI in recipient countries, between the elites and the populations at large. To combat the initiative, Europe is hoping to evolve a Global Gateway (GG) and President Biden is calling for a Build Back Better World (B3W) to attract a global network for developing nations with needed funds. Also outlined is the New EU–US sponsored Marshall Plan (NEMP), borrowing the best concepts from the original 1948 Marshall Plan, to assist in combating the statecraft of China.
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Bibliographic data
Copyright year
2022
ISBN-Print
978-1-6669-0814-5
ISBN-Online
978-1-6669-0815-2
Publisher
Lexington, Lanham
Language
English
Pages
148
Product type
Book Titles
Table of contents
ChapterPages
Contents No access
Acknowledgments No access
Introduction No access Pages 1 - 6
The Plight of the European Union and UK No access Pages 7 - 36
The Economic Cold War-The Threat of China’s BRI No access Pages 37 - 84
