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Figures: China invested billions of dollars in Commonwealth countries, British Prime Minister Boris Johnson’s concern increased

Company, Washington/London.

Revealed by: Jeet Kumar
Up to date Tue, 30 Nov 2021 01:26 AM IST

Abstract

China has invested billions of {dollars} in Commonwealth nations over the previous 21 years. These embrace the Caribbean nations of Barbados and Jamaica.

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British PM Boris Johnson’s considerations over Chinese language investments in Commonwealth nations have elevated amid China-UK disputes over Hong Kong, Xinjiang’s Uighurs and Taiwan.

Britain has direct affect in 42 Commonwealth nations. These are nations that had been as soon as British colonies. Whereas China has tried to problem the British authorities by investing greater than $ 913 billion.

Within the US, Washington-based think-tank American Enterprise Institute, whereas holding the figures, has stated that China has invested billions of {dollars} in Commonwealth nations within the final 21 years. These embrace the Caribbean nations of Barbados and Jamaica.

China has invested $667 million in Barbados, set to change into a republic on Monday, and $3.4 billion in neighboring Jamaica. In view of the state of affairs, Britain has additionally deliberate to switch Commonwealth Growth Company with British Worldwide Funding.

British Overseas Minister Liz Truss hoped the brand new physique would make investments $10 billion a yr in Commonwealth nations by 2025. However critics say Britain has delayed sensing the environment and that China will reap the benefits of it.

China desires to regulate Commonwealth nations
Kirsten Tatlow, senior professor on the Synopsis challenge in Prague, stated China is continually utilizing its monetary sources to regulate the world. This may enhance the chance of a Chinese language dictatorship, as nations can not afford to do something about it.

Growth

British PM Boris Johnson’s considerations over Chinese language investments in Commonwealth nations have elevated amid China-UK disputes over Hong Kong, Xinjiang’s Uighurs and Taiwan.

Britain has direct affect in 42 Commonwealth nations. These are nations that had been as soon as British colonies. Whereas China has tried to problem the British authorities by investing greater than $ 913 billion.

Within the US, Washington-based think-tank American Enterprise Institute, whereas holding the figures, has stated that China has invested billions of {dollars} in Commonwealth nations within the final 21 years. These embrace the Caribbean nations of Barbados and Jamaica.

China has invested $667 million in Barbados, set to change into a republic on Monday, and $3.4 billion in neighboring Jamaica. In view of the state of affairs, Britain has additionally deliberate to switch Commonwealth Growth Company with British Worldwide Funding.

British Overseas Minister Liz Truss hoped the brand new physique would make investments $10 billion a yr in Commonwealth nations by 2025. However critics say Britain has delayed sensing the environment and that China will reap the benefits of it.

China desires to regulate Commonwealth nations

Kirsten Tatlow, senior professor on the Synopsis challenge in Prague, stated China is continually utilizing its monetary sources to regulate the world. This may enhance the chance of a Chinese language dictatorship, as nations can not afford to do something about it.

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