Is China’s 'New Silk Route' Doomed to Bankruptcy?
April 25, 2023
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17:59Now PlayingIs China’s 'New Silk Route' Doomed to Bankruptcy?
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Lately, Xi Jinping's regime is in the soup. It doesn't matter whether we are talking about Ukraine, Iran, Venezuela, Brazil or the South Pacific. This country is constantly making headlines that almost always have one common denominator:
The ambition to extend its influence throughout the world as quickly as possible.
Beijing has drawn up many plans for achieving this goal. But so far practically all of them have always had one main ingredient: investment, investment and more investment. The most significant of them all is known as the "One Belt, One Road" project.
It is one of the most ambitious infrastructure projects in history and Xi Jinping's biggest gamble. It was announced with great fanfare in 2013, that is, already a decade ago. So the question is: What result is Xi Jinping getting from his most ambitious project? Is the future of the New Silk Road under threat? Why is China devoting tens and tens of billions of dollars to bailing out other countries? In this latest VisualPolitik video we tell you all the details.
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#China #World #Economy
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