
Paradigm Shift
February 6, 2025 at 04:33 PM
*Chinese Debt Trap Diplomacy: The Belt and Road Initiative*
The Belt and Road Initiative (BRI), launched by China in 2013, aims to enhance global trade, infrastructure connectivity, and financial integration while promoting China’s soft power.
Although it has received both criticism—particularly accusations of “debt-trap diplomacy”—and praise from participating nations, the BRI signifies China’s strategic efforts to reshape global order.
This claim is supported by substantial financial commitments to various international organizations, reinforcing China’s role in economic diplomacy and global governance.
Read more:
https://www.paradigmshift.com.pk/debt-trap-diplomacy/
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