CaspianReport

China’s checkbook diplomacy (2018x50)

: 17, 2018

With the Belt and Road initiative in full swing, China is working to develop and integrate its interior into the global economy. Thereby, bypassing maritime chokepoints and reducing its economic disparity at the same time. Yet, many have come to question China’s intentions, and believe that Beijing uses debt, as part of its checkbook diplomacy, to advance its regional interests.