Global Pushback Against Chinese Projects — Even Pakistan Says “No”

Resistance to Chinese-funded projects is growing worldwide. From Nepal and Myanmar to the EU and even China-dependent Pakistan, nations are rejecting deals seen as exploitative. This essay explores the global shift in attitudes toward China’s economic expansion.

The world was astonished that even Pakistan, highly dependent on China, said “no” to Chinese projects.
2018-01-18
The following continues from the previous chapter.
Emphasis in the text, except for headlines, is mine.
Last November, Nepal suddenly canceled the construction plan for the Budhi Gandaki hydropower plant, worth 2.5 billion dollars (about 275 billion yen).
The reason was that almost all profits would be absorbed by Chinese companies, leaving Nepal with nothing to gain.
The European Union launched an investigation into a high-speed railway project by Chinese firms linking Hungary and Serbia, stating that Hungary had contracted with Chinese companies in violation of EU rules, forcing the project into suspension.
A road to collapse.
Even in Myanmar, led by the pro-China Aung San Suu Kyi, unusual developments have emerged.
Myanmar rejected a 3-billion-dollar oil refinery construction project undertaken by a Chinese company.
Pakistan calls China its “Iron Brother,” yet it halted the Diamer-Bhasha dam construction project that China had strongly promoted.
The reason was China’s demand for ownership of the dam.
The dam is located in Kashmir, a strategically vital region contested by Pakistan and India, and it is believed that China intended to turn it into its own territory.
Following U.S. President Trump’s suspension of military aid on January 4 of this year, Pakistan has tilted further toward China, yet it has long been heavily dependent on China, with various projects totaling 60 billion dollars (about 6.6 trillion yen).
Among them, not only the aforementioned dam was halted.
Gwadar Port, overlooking the entrance to the Strait of Hormuz, has effectively become a base for the Chinese navy, and plans emerged to build an airport there.
Additionally, railway construction from western China through Karachi to Gwadar had been planned.
However, negotiations on all these projects ended in disagreement last November.
The world was astonished that even Pakistan, with its high level of dependence on China, said “no” to Chinese projects.
This article continues.

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