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China massive Belt and Road Initiative integrating Eurasia and global supply chains

By VentureOutsource.com Staff

Some call it debt diplomacy and its controversial in the eyes of many: China gaining access and control over natural resources in other countries through lending (debt-financing) for infrastructure projects.

President Xi Jinping’s September 2013 signature Belt and Road Initiative (BRI), according to U.S. Secretary of the Navy Richard Spencer told in an exclusive interview with Financial Times (FT), is weaponizing capital across 152 countries in Asia, Europe, Africa, the Middle East, and the Americas.

Infrastructure projects funded through China debt diplomacy are integrating manufacturing and enterprise supply chains spanning from China into Eurasia, and connecting two thirds of the world’s population.

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