China’s New BRI Strategy Is A Huge Threat To The West Influence | US Plans To Counter China’s Move

China’s New BRI Strategy Is A Huge Threat To The West Influence | US Plans To Counter China’s Move #china #us #economy Let’s take a step back in time to September 7, 2013, when Chinese President Xi Jinping delivered a significant speech at Nazarbayev University in Astana, Kazakhstan. His speech was titled “Work Together to Build the Silk Road Economic Belt,“ and it had a profound historical resonance. In his address, President Xi evoked the rich history of the ancient Silk Road, tracing its origins back to a Chinese envoy in the 2nd century BC. The focus of this speech was primarily centered on China and Central Asia, with President Xi emphasizing the historical ties that bind these regions together. At that time, President Xi’s original proposal was to create an economic belt along the Silk Road in collaboration with China’s Eurasian neighbors. This proposal, however, had both geographical and sectoral limitations. Geographically, it primarily encompassed the Central Asian region, and in terms of sectors, it had a relatively narrow focus. President Xi identified four key areas for cooperation within the Silk Road Economic Belt: policy consultation, road connectivity, trade facilitation, and monetary circulation. Fast forward to today, and the Belt and Road Initiative has evolved into something much broader and more encompassing than its initial vision. It has given rise to various subsets, each with its unique focus and objectives. These include the Digital Silk Road, the Polar Silk Road, the Health Silk Road, the Space Silk Road, and the Green Silk Road. If You Like This Video; Like, Share, Comment And Subscribe. This Means A Lot To Us! Thanks For Watching Our Video; China’s New BRI Strategy Is A Huge Threat To The West Influence | US Plans To Counter China’s Move As we dive into the current landscape of the Belt and Road Initiative as of September 2023, it’s quite clear that this ambitious global endeavor has gained immense traction. With 154 member countries, it has managed to secure participation from a whopping 80 percent of the United Nations’ 193 member states. It’s almost easier to list who’s not part of the BRI at this point. The outliers on the world map are rather conspicuous. North America remains notably absent, comprising all of North America. Similarly, a significant portion of Western Europe has chosen not to participate, along with a substantial part of South America. Delving deeper into the specifics, the United States and its fellow Quad members – Australia, Japan, and India – have opted to stay out of the initiative. Each of these countries harbors concerns about China’s global ambitions, leading them to maintain their independence from this initiative. In the Middle East, Jordan and Israel, both close U.S. allies, stand as the solitary holdouts in the region. Additionally, 15 countries have not established diplomatic ties with China. These include Taiwan’s 13 remaining diplomatic allies, as well as Bhutan and Kosovo. One intriguing omission is North Korea, despite its ostensibly close partnership with China. North Korea could greatly benefit from the additional funding that comes with BRI membership, but China might see this as a risky proposition due to North Korea’s nuclear ambitions and heavily sanctioned status. Iran, another member, faces similar nuclear proliferation risks but occupies a strategic geographic position linking Central Asia and the Middle East. Now, let’s explore the regional perspective. The Belt and Road Initiative has witnessed contrasting levels of participation across different regions of the world. Central Asia and Southeast Asia have emerged as strong supporters of the BRI, with every country in these regions becoming members of the initiative. This substantial buy-in underscores the significance of the BRI in facilitating economic development, infrastructure connectivity, and cooperation within these regions. Conversely, North America stands out as the sole region where no state has chosen to join the Belt and Road Initiative. This region, which includes countries like the United States, Canada, and Mexico, has opted not to participate in this ambitious global initiative. The reasons behind North America’s non-participation may include a combination of political considerations, alternative economic priorities, and differing strategic interests. These divergent regional responses highlight the complex and varied dynamics surrounding the BRI on the global stage. While some regions fully embrace the initiative as a means of enhancing economic growth and connectivity, others have chosen to remain outside its framework, pursuing alternative paths to development and cooperation. Turning to income levels, a noticeable trend emerges. Wealthier countries, categorized as high-income, are less likely to join. With less than half or 46 percent having signed up. More Details In The Video