That handover of a Sri Lankan Port gave China a strategic foothold just 100 miles from its rival India, akin to how the Soviet Union’s foothold in Cuba raised US blood pressure during the Cold War. Chinese submarines have already appeared there.
The strategy is linked to China's One Belt One Road Infrastructure Project connecting China with the rest of Asia all the way to Africa and Europe in a modern day Silk Road vision.
At least 8 other countries being threatened by these debt traps are as follows:
"We think China is currently very likely to see a financial panic," NIFD said in the study, which appeared briefly on the internet on Monday, before being removed.
Growing concern among prominent academics about country's slowing, trade dependent economy along with falling stock prices and a falling currency.
Bold statement out today by China. Xi Jin Ping has vowed to unite Taiwan with mainland China by force during his tenure. Secret documents leaked last year show China has a plan in place to take the island nation by force by 2020. All eyes on 2020.
Slowing Economy, Falling Stock Market and a Weakening Yuan (RMB) all spell trouble for China and that's just the beginning!
China's Economy is slowing, America's is growing
China's fragile stock market is falling with no end in sight
America's stock market is strong
The Dollar is rising, China's yuan is tumbling.
Experts in Both America and China see the problem worsening for China
America's Geopolitical HQ:
Est. April, 2018
Rep. Terry Baxter, (Chairman, International Relations Committee for the State of Iowa Legislature and CEO of Go Serve Global)