#PRC: What remains of the shrinking BRI? @GordonGChang, Gatestone, Newsweek, The Hill
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 19 October 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
#PRC: What remains of the shrinking BRI? @GordonGChang, Gatestone, Newsweek, The Hill
Https://www.nytimes.com/2023/10/16/world/asia/putin-china-xi.html
1951 China
Transcript
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| 0:36.2 | This is CBSI in the world, I'm John Bachelorette with my friend and colleague, |
| 0:40.1 | Orden Chang at Gordangy Chang, running a gaitstone newsweek in the hill, he's traveling, |
| 0:45.0 | he's in Japan. At the same time, the Belt and Road Initiative Forum in Beijing is going |
| 0:50.6 | forward, 130 nations are more attending. Puzzle is Beijing, what's in it for Beijing, given |
| 0:59.1 | the anecdotes and the stories over the years, of perhaps a trillion dollars of Beijing's money, |
| 1:05.5 | invested in countries that have few prospects of repaying the loans at the same time, |
| 1:11.7 | have reason to complain about the product of the loan, or not give one example because there's |
| 1:16.6 | been an election in Ecuador, a troubled country, small, but in any event, historically significant |
| 1:23.5 | in South America, there's a new president elect, his name is Demboa, he's a young man, he's the |
| 1:28.6 | son of a rich man in the society. He is a man who has defeated the chosen candidate of Korea, |
| 1:35.4 | a former president, who was the man who made the Belt and Road deals many years ago with China. |
| 1:41.6 | That resulted in the expenditure, perhaps two billion, you can ever be sure of these numbers, |
| 1:47.4 | or more in Ecuador to build dams, which are now found to be cracking inadequate to the promises |
| 1:55.2 | made of power, damaging to the ecosystem because they diverted waters to create these dams, |
| 2:02.2 | and generally overall poor construction practices, poor concrete, hasty jobs, |
| 2:07.2 | all done by Chinese construction companies, dam builders. You hear the story again and again |
| 2:13.3 | around the world, those that airport and that ports that built in Sri Lanka before the fall of |
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