Jan. 27th, 2022

Chinese President Xi Jinping. Photo: Xinhua via AP  

According to a story by The Hindu on January 26th, 2022, it talks about how just two days before Prime Minister Narendra Modi hosts India’s first virtual summit with Central Asian leaders, China’s President Xi Jinping offered $500 million in assistance to the region and pledged to ramp up trade. Xi Jinping chaired his own virtual summit with Central Asian leaders, two days ahead of Mr Modi hosting a first-of-its-kind virtual summit with the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Xi’s virtual summit with the same five countries was held “to commemorate the 30th anniversary of the establishment of diplomatic relations”, the Chinese Foreign Ministry said. But obviously, everyone is well aware of the school bully tactics of the communist regime, they simply wanted to get in first in a bid to blow everyone else out of the water. Can you even imagine if any country did this to China they would completely throw all their toys out the pram like the spoilt children that they are.

The Chinese leader pledged to “import more quality goods and agricultural products from countries in the region” and “strive to increase the trade between the two sides to $70 billion by 2030”. This is a blatant and archaic ‘carrot and stick’ type of negotiation but has a chance of being successful, as some of these poor countries are desperate for trade and of course some extra money into the pockets of the corrupt officials that run them.

China’s trade with the five countries crossed $40 billion in 2018, roughly 20 times India’s trade with the region that year. Much of that trade has been driven by the Chinese appetite for energy resources, and Xi recently flagged “several big projects of strategic importance” including the China-Central Asia natural gas pipeline, the China-Kazakhstan crude oil pipeline, the China-Kyrgyzstan-Uzbekistan highway, and the China-Tajikistan expressway.

Communist leader Xi recently said that the China-Europe Railway Express which runs through Central Asia “has seen rapid growth” since the launch of his Belt and Road Initiative, which was first announced by Xi during an official visit to Kazakhstan in 2013. It is clear to the world that this is yet another ‘debt trap’ scenario that the communist regime is famous for, where they get a poor country into massive infrastructure debt, then when the loans cannot be repaid a clause comes into effect and then buildings, airport, land, and seaports are confiscated thus giving the Chinese authorities a massively strong foothold in that particular country.

For more information about this story simply click the link: Xi offers Central Asian countries $500 million, announces $70 billion trade target

Editor: Mr Cow

PR: Mini Cow

Edited by:【Himalaya London Club UK】