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How Beijing is using its billions to buy up the Commonwealth: China has invested £685BILLION in 42 nations since 2005 as critics accuse UK of being 'asleep at the wheel'
UK Daily Mail ^ | 11/27/2021 | Jack Wright

Posted on 11/27/2021 10:24:41 AM PST by DFG

China has invested more than £685billion across 42 Commonwealth member states since 2005 as the Communist Party's extraordinary bid for global power continues unimpeded.

Foreign policy hawks have accused Britain of being 'completely asleep at the wheel for decades' as China expands its influence in the Caribbean and targets 'weak' Commonwealth states across the planet.

By ploughing huge sums of money into poor countries such as Barbados and Jamaica, Beijing hopes to saddle them with such enormous unpayable debts that they are forced to hand over the assets used as security. In some cases, this has included ports in crucial waterways which has allowed the Communist Party to challenge rival superpowers such as the Americans and the Indians.

Figures compiled by the American Enterprise Institute show that China has invested almost £500million into roads, homes, sewers and a hotel in Barbados, the Caribbean island which is distancing itself from British influence as it becomes a republic on Tuesday.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: United Kingdom
KEYWORDS: carribean; china; commonwealth; uk

1 posted on 11/27/2021 10:24:41 AM PST by DFG
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To: DFG

2 posted on 11/27/2021 10:25:02 AM PST by DFG
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To: DFG
How Beijing is using its billions

Not its Billions. Ours, which our pols and CEO's blindly and greedily sent them based on a pie in the sky philosophy that they would become civilized.

3 posted on 11/27/2021 10:32:37 AM PST by Don Corleone (leave the gun, take the canolis)
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To: DFG

Britain couldn’t even begin to rival China’s ability to invest in these countries. I am not sure in what sense it would be of benefit to the UK to try and spend billions to buy influence in the Carribean.


4 posted on 11/27/2021 10:42:31 AM PST by sinsofsolarempirefan
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To: DFG

As in “You can’t BUY an election”, you can’t BUY the world.

All any country has to do is “nationalize” all Chinese assets.

BOOM! We TAKE IT ALL BACK! Thanks for all that money.


5 posted on 11/27/2021 11:16:05 AM PST by faucetman (Just the facts, ma'am, Just the facts )
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To: faucetman
All any country has to do is “nationalize” all Chinese assets.

That's what EO 13848 and associated other EO's, and possibly PEADs does.

6 posted on 11/27/2021 11:19:47 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: Don Corleone

The Japanese discovered in the ‘80’s that you can’t take those assets home. China will lose all their money, unless they’re willing to come in with troops.


7 posted on 11/27/2021 12:30:20 PM PST by Twotone (While one may vote oneself into socialism one has to shoot oneself out of it.)
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To: DFG

And the USA spent a trillion losing a war in Afghanistan .


8 posted on 11/27/2021 2:43:45 PM PST by sushiman
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To: DFG
Related...

Canada's CPPIB to buy Ports America from Oaktree to further infrastructure push

Watchdog raises concern about Canadian pension investments in China

9 posted on 11/27/2021 2:54:36 PM PST by mewzilla (Those aren't masks. They're muzzles. )
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To: DFG

Why build an empire when you can just buy a used one on the secondary market? :)


10 posted on 11/27/2021 2:55:59 PM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: DFG

of American money...


11 posted on 11/27/2021 6:17:50 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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