China's Debt-Trap Diplomacy | The UnderLine

𝐇𝐨𝐰 𝐗𝐢 𝐉𝐢𝐧𝐩𝐢𝐧𝐠 𝐡𝐚𝐬 𝐁𝐞𝐞𝐧 𝐮𝐬𝐢𝐧𝐠 𝐖𝐞𝐚𝐤𝐞𝐫 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐞𝐬 𝐚𝐬 𝐂𝐡𝐢𝐧𝐚'𝐬 𝐂𝐚𝐬𝐡 𝐂𝐨𝐰𝐬
In the global arena of economic competition, China stands out as a master of financial strategy. This dragon from the East, driven by a belief in its own superiority, crafts intricate plans to bolster its economy and assert global dominance, even if it means leaving allies behind.

China's 23 Free Trade Agreements (FTAs) with various nations have made it the top trading partner in Southeast Asia. This strategic move directly impacts India, leading to collaboration and self-reliance efforts.

Indirectly, China employs a debt-trap strategy, offering high-interest loans to struggling economies with the aim of gaining control over their critical infrastructure. Nations like Sri Lanka and Pakistan have felt the repercussions, while India is pushed to strengthen its economic independence.

China's Belt and Road Initiative, a massive project connecting continents via roads and maritime routes, further solidifies its influence. This and its China-Pakistan Corridor (CPEC) pose significant challenges to India's national security.

The financial wizardry of China is a complex game, where the stakes are high, and the consequences are real, affecting nations across the globe.