is It the economic favorite project of the Chinese government: the “New silk road”. 100 countries are involved in the project. But what exactly is behind it and who funded it?
Axel Dorloff, ARD Studio in Beijing
Pakistan, Sri Lanka, and Kyrgyzstan. Laos, Kazakhstan and Hungary. According to Chinese figures, more than 100 countries so far in China’s project of “New silk road” involved. In addition to some Eastern European countries, even EU member Italy is the partner country of the “New silk road is recently”.
Most banks
It Railways, roads and ports are to be built, or already built, as well as power plants, Pipelines, and airports are financed by the Chinese state. The infrastructure projects are mostly financed by loans from Chinese state banks and built by Chinese companies. Up to 90 percent of all the silk road projects will go to firms from China.
A Mega project
The “New silk road” is at the core of Chinese foreign policy, an economic and geopolitical mega-project. China wants to create a new trade network between Asia, Africa and Europe, and promises to the countries of investment and development. At the same time, China wants to expand its global influence and international order more on China crop.
explanatory piece: “New silk road”
tagesschau24 11:00 PM, 26.04.2019, Klara Scheitza, ARD-aktuell
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