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BRI impacts - Coggle Diagram
BRI impacts
trade and investment (Yen)
billions dollar-fewer conditions
cannot pay loans -> china has permission to control projects
win-win (china -loans, other countries build projects)
GDP increase (pakistan)
7/10 (2017 top 10 global contractors)
transport infrastructure (Yen)
62 billion dollar for highway & railway networks (Pakistan)
String of pearls
Many routes connect with china
Maritime silk road
highway, harbor, railway,..
natural resources(Thuc Anh)
New alternative routes for goods, oil,&gases from Middle East
Control strategic port in Pakistan (40 year lease)
New deep water port in Sri Lanka (China has 99-year lease)
Same in Myanmar and Djibouti
Trying to establish naval bases in Indian Ocean
Allow station ships and guard shipping routes that move through the region
political dominance (Quoc Anh)
aimed at extending its sphere of influence, fostering new norms of international economic cooperation, and promoting a new world order
the social and economic development of host countries and on the geo- political dynamics of the world
Cultural exchange(Thuc Anh)
Chinese workers are in Pakistan, Serbia,
More requirements in this building projects --> send workers to do
Financial Co-operation(Quoc Anh)
The Beijing Olympics and China’s robust response to the 2008 global financial crisis greatly boosted China’s own confidence
financial coop- eration and cultural exchange that contribute to economic and social progress of both China and cooperating countries.