Beijing also sees a corresponding nonmonetary debt to its outlays: The larger the investment, the more leverage China should have to ask for favors. Financial ties established through port construction and expansion are enduring, with a long-term life cycle to the relationship. And with reason: Chinese law mandates that nominally civilian ports provide logistic support to the Chinese navy if, as, and when needed. The detailed data set captures 123 seaport projects at 78 ports in 46 countries, worth a combined $29.9 billion.Ī core assumption of our analysis is that Chinese financing and construction of harbor and related infrastructure, either through foreign aid or investment, is one indicator of ports or bases that might serve the PLAN in times of peace or war. To answer that question, the authors drew on a new AidData data set that focuses on ports and infrastructure construction financed by Chinese state-owned entities in low- and middle-income countries between 20 and implemented between 20. China famously built its first overseas base, a launchpad for the People’s Liberation Army Navy (PLAN), in Djibouti in 2017.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |