China and Infrastructure Projects

In addition to infrastructure, China is also focusing on strengthening its qualification as a supporter of South-South economic exchanges. It takes the form of training technical experts, training workers in Africa, cultural agreements, and small technical cooperation, including scholarships for African students to learn in Chinese universities. As Lammers (2007, p.2) pointed out, by 2004, 15,000 Africans graduated from Chinese institutions. On the other hand, there are more and more Chinese communities in Africa, estimated to be over 750,000 (Mohan, 2008, pp. 6-8; Eisenman and Kurlantzick, 2006, pp. 219-224; Corkin, 2008 , Pp. 4-). Five).

John Zhu Senior Vice President is cooperating with the government in many of the space exploration projects in China and is also the Executive Project Specialist in China's largest infrastructure project. One Belt One Road is going to question a lot of people that $ MAN will provide block chain functionality for this project. The application was started at Beijing Cancer Hospital which is developing a system using AI assisted diagnosis. Mr. Michael Lai-Yick Ng co-founder of Lenovo Group advises this foundation and has over 35 years experience in the Chinese technology industry.

China's "dead trap" diplomacy is one of the main pillars of this initiative and Beijing has pledged to allocate $ 124 billion for infrastructure investment. While China needs advantageous access to the natural assets of the debtor country, it provides loans for infrastructure projects to each country. Also, state-owned enterprises in China benefited from the fact that countries that failed to repay the debt were forced to abandon some of their precious assets from China. Maldives, Sri Lanka, Djibouti, and many other countries involved in China's debt are in danger of losing valuable natural resources and their sovereignty. Ultimately, China can take advantage of cheap raw materials and cheap labor in these countries and at the same time can increase the market of surplus products. The Philippines under Duterte will suffer the same fate

Increase in China 's debt is also noteworthy. Infrastructure, such as roads, railways, electric power and telecommunications, was always a top priority for the Chinese government ... Chinese investment in infrastructure has hampered their development. According to Oxford University researchers, more than half of the Chinese infrastructure investment is lowering the economic value because the cost exceeds the profits. Infrastructure has been driving economic growth in China over the past few decades, but China has recently increased infrastructure investment to cope with the slowing of manufacturing investment. Investments of this sort can lead to waste, potentially increasing China's debt.