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[2] [3] The term "debt-trap diplomacy" has entered the official lexicon of the United States, with two successive administrations employing the term in public diplomacy. Many academics, professionals, and think tanks have rejected the hypothesis, concluding that China's lending practices are not behind the debt troubles faced by borrowing ...
China's outposts in the disputed South China Sea are often cited as examples of a "salami slicing" tactic. Map depicts 2015. China's salami slicing (Chinese: 蚕食; pinyin: Cán shí; transl. "nibbling like a silkworm" [1]) is a geopolitical strategy involving a series of small steps allegedly taken by the government of China that would become a larger gain which would have been difficult or ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 31 December 2024. Chinese global infrastructure project Belt and Road Initiative Belt and Road Initiative and participant country map Abbreviation BRI Formation 2013 ; 11 years ago (2013) 2017 (2017) (Forum) 2019 (Forum) 2023 (Forum) Founder People's Republic of China Legal status Active Purpose Promote ...
China's overseas lending is not a "debt trap", former central bank governor Zhou Xiaochuan has said, after two of the world's biggest international financial institutions warned of growing credit ...
China’s recent moves are also being watched carefully. On Sept. 25 the Chinese military launched an intercontinental ballistic missile that flew 7, 400 miles before splashing down in the south ...
China financed Hambantota International Port in Sri Lanka, which drew allegations of debt-trap diplomacy when Sri Lanka defaulted on its loans and China took control of the port for 99 years. [39] Some western analysts have suggested China's debt-trap diplomacy may hide hegemonic intentions and challenges to states' sovereignty. [40]
Supply chain diplomacy, along with e.g. vaccine, science or debt-trap diplomacy, is a sub-category of the larger field of study of foreign relations and the role of government. While the concept of using diplomatic means to achieve global supply chain resiliency and security has a longstanding historical precedent, the definition and academic ...
Writing in 2023, academic and former UK diplomat Kerry Brown states that China's relationship to the Hambantota port has become the opposite of the theorized debt-trap modus operandi. [ 55 ] : 56 Brown observes that China has had to commit more money to the project, expose itself to further risk, and has had to become entangled in complex local ...