How much money has China invested in the BRI?
Data for Chinese investments in the 138 countries of the Belt and Road Initiative show that overall investments in the BRI in 2020 were about US$47 billion.
How many countries are in debt to China?
China owed $385bn – including ‘hidden debt’ from poorer nations, says report. Researchers have identified debts of at least $385bn (£286bn) owed by 165 countries to China for “Belt and road initiative” (BRI) projects, with loans systematically underreported to international bodies such as the World Bank.
How should the United States view China’s belt and Road Initiative?
In classical geopolitical terms, China is a great Eurasian-based land power that has taken to the sea. The United States should view the Belt and Road Initiative as a geopolitical development of the first order.
What is the United States trying to achieve with China?
The United States seeks a constructive, results-oriented relationship with China. The United States works to achieve concrete progress on U.S. interests, including ensuring Chinese support for exerting maximum pressure on North Korea to end its nuclear program, reducing the U.S. trade deficit with China, and stopping the flow
Will the United States conduct results-oriented diplomacy with China?
When it is in our interest, the United States will conduct results-oriented diplomacy with China on shared challenges such as climate change and global public health crises.
What is the trade relationship between China and the United States?
Two-way trade between China and the United States has grown from $33 billion in 1992 to over $772 billion in goods and services in 2017. China is currently the third-largest export market for U.S. goods (after Canada and Mexico), and the United States is China’s largest export market. The U.S. trade deficit in goods with China grew