But this ambitious plan might have a deeper motive: to create a new trade network that relies on debt, port control, spreading pollical influence. However, Djibouti might have been better off not taking the loan, Today 43% of Djibouti’s GDP equivalent to Chinese debt. Current state of China’s BRIDepending on who and when an article was written regarding China’s BRI, one would get varying messages. Works CitedWhat is the Belt and Road Initiative1: What is China’s Belt and Road Initiative? How the Belt and Road Initiative changes trade times and trade (worldbank.org)Debt Trap Diplomacy4: What is China’s Belt and Road Initiative?

Source: New York Times November 27, 2023 06:15 UTC