One belt to rule them all

The Africa Report - - HANNIBAL -

THE MULTI­BIL­LION-DOL­LAR One Belt, One Road (OBOR) ini­tia­tive is China’s mas­sive in­fra­struc­ture push into 90 coun­tries world­wide. It is larger in scope than the Mar­shall Plan, which dragged shat­tered Euro­pean economies back from the brink af­ter the Sec­ond World War. Then, as now, a ma­jor world power wanted to use its eco­nomic weight to ce­ment other coun­tries into its diplo­matic or­bit. Thus Pak­istan, a thorn in the side of China’s fren­emy In­dia, is due to re­ceive $60bn worth of OBOR in­vest­ment. The $60bn num­ber was again trot­ted out at the Fo­rum on China-africa Co­op­er­a­tion held in Bei­jing in Septem­ber. But that is for the en­tire African con­ti­nent.

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