Categories: BUSINESS

China's trillion greenback plan to dominate world commerce



It is about extra than simply economics.

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China’s Belt and Highway Initiative is essentially the most formidable infrastructure venture in fashionable historical past. It spans over 60 international locations and can value over a trillion {dollars}. The plan is to make it simpler for the world to commerce with China, by funding roads, railways, pipelines, and different infrastructure initiatives in Asia and Africa. China is loaning trillions of {dollars} to any nation that is keen to take part and it has been a giant hit with the much less democratic international locations within the area. This makes the BRI a dangerous plan as properly. However China is pushing ahead as a result of its objectives are usually not strictly financial, they’re additionally geopolitical.

To actually perceive the worldwide conflicts and developments shaping our world you want a big-picture view. Video journalist Sam Ellis makes use of maps to inform these tales and chart their results on international coverage.

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linda

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