General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsChina-Backed Ports; China has helped finance 35 ports around the world
How China Got Sri Lanka to Cough Up a PortUnder heavy pressure and after months of negotiations with the Chinese, Sri Lankas new government handed over the port and 15,000 acres of land around it for 99 years in December.
The transfer gave China control of territory just a few hundred miles off the shores of a rival, India, and a strategic foothold along a critical commercial and military waterway.
The case is one of the most vivid examples of Chinas ambitious use of loans and aid to gain influence around the world ...
https://www.nytimes.com/2018/06/25/world/asia/china-sri-lanka-port.html?rref=collection%2Fspotlightcollection%2Fchina-reach
Chinese ports around the world :
True Dough
(17,305 posts)This is yet another example a global powerhouse in the making. No doubt about it. China, like all nations, has its challenges. But it also has lofty ambitions.
TheBlackAdder
(28,202 posts)True Dough
(17,305 posts)China is actually out there securing its future and building a greater presence.
TheBlackAdder
(28,202 posts)Wellstone ruled
(34,661 posts)what happened to our Ports during the Bush/Cheney years. Dubai and UEA as well as the Saudi's took over our Ports. Notice a trend!
True Dough
(17,305 posts)of the U.S. as a superpower. Perhaps not completely a bad thing, but a trend that bears watching closely.
Wellstone ruled
(34,661 posts)privatization of the Public Infrastructure for PROFIT. If it was not for the Long-shore-man's Union,there would be people working the Docks as slaves or for sub minimum wages . Same thing relates to the Privatized Toll Roads,minimum wage jobs with zero security.
mainer
(12,022 posts)China seems to know how to use the carrot instead of the stick.