Attention Economy


Tuesday, October 17, 2023

China's Growing Overseas Involvement

China Invested $1 Trillion to Gain Global Influence. Can That Go On?
https://www.nytimes.com/2023/10/16/business/chinas-belt-and-road-initiative-bri.html
Xi Jinping enhanced China’s sway in the world by lending money for infrastructure. Now he’s collecting debts and rethinking his signature aid initiative.
 
China Got a Big Contract. Nepal Got Debt and a Pricey Airport.
https://www.nytimes.com/2023/10/16/business/nepal-pokhara-airport-china.html
China called the project a “signature” of its cooperation with Nepal. Insiders and documents reveal the pitfalls of China’s infrastructure-at-any-cost model.
 
In Global Slowdown, China Holds Sway Over Countries’ Fates
https://www.nytimes.com/2022/10/06/business/china-debt-economy-global-slowdown.html
The lender of choice for many nations over the past decade, Beijing now has the power to cut them off, lend more or forgive some of their debts. 

BRI is only first step in China's strategy for a new world order

https://asia.nikkei.com/Opinion/BRI-is-only-first-step-in-China-s-strategy-for-a-new-world-order