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@Goober Brown china is just giving too much loans to poor countries which they will not be able to pay and take over them this same thing china did with Pakistan , Sri Lanka and some poor African countries
@ea s us is doing great job every country needs self defence from China like countries , at least in return us doesn't take control over that country , I don't hate Chinese people but I hate the way Chinese government is trying to control over poor countries I'm sorry If i offend you but that's the harsh truth my friend
@@abhinashsinghania440 check the numbers please. The truth is that only 17% of African countries' debt is from china, most of the debt are from western countries.
It's not just about trade with the EU, it's about Kazakhstan itself too. Sure, transportation by train is not as efficient as by sea, but Kazakhstan is a landlocked country, cannot be reached by sea, and it has 50% of the world's Uranium reserve...
@@foxfire5235 A typical cargo ship can carry several times more goods than cargo trains of similar cost. That’s not counting the cost of building the rails. The world’s transportation has always been destined by shipping by sea, war or otherwise, because you can only trade between the old and new world by sea.
@@tonglu3699 What you are failing to recognise is the massive speed advantage that rail has over sea. Transporting cargo from China to Europe in half the time - from around a month by sea, down to 14 days by rail. This number will likely drop if China keeps pushing for rail connections and increases technology investment in rail. Cargo ships can transport larger amounts per vessel than trains, but they require a bigger crew and more fuel. Pushing through water is a lot harder than pushing through air, especially when you are far wider, like cargo ships are. The risks for shipping is far higher than rail. Rail can not lose all of its cargo to a freak wave. On top of this, it is relatively easy to electrify rail networks and line those networks with solar panels and wind turbines to get extremely cheap energy, massively reducing the cost to transport goods. The battery technology that would be needed to do this for the scale of shipping does not yet exist. Ultimately, as fuel becomes more expensive and electric becomes far cheaper, it will make more economic sense to transport via rail from China to Europe.
I work in the logistics company in Qazaqstan, and the train shopping from China grows from year to year . Our company is even building another terminal next to Dostyk and Altynkol. Shipping time to Europe through Kazakhstan from China is 2-3 weeks faster than by the sea. Also it includes transhipment at the border since we have different rail roads types with China. The only risks are political and corruption at the border. Otherwise we Kazakhstani people could thrive on this route, as we did many centuries ago . Alga Kazakhstan 🇰🇿🇰🇿🇰🇿
I think the "ghost city Zhengzhou" he mentioned is actually East Zhengzhou New District, which was widely reported in western media 10 years ago. Now it's so crowded.
@@martiddy "They" as in this particular report. Not "They" as in the Western media. If you ask just about anyone in the West (including well educated people), the greatest majority of them still think these ghost cities are still ghost cities and that China is still building ghost cities.
Every time the US complains about infrastructure diplomacy, do they forget their role in the Panama Canal? I’m not even angry they made it because it boosted trade speed for everyone. If the One Belt Road initiative provides infrastructure, that helps everyone too. It just doesn’t have the gleaming PR stamp of approval that the Americans wield.
@@patricksweeney5308 Typical American: Always pointing out the wrongdoings of the world, while failing to see the wrongdoing that they propagate themselves. I'm specifically referring to the Hay-Bunau-Varilla Treaty which granted Roosevelt indefinite ownership & development rights for the Canal. I'm also referring to America's backing of Panamanian independence from Colombia, which by today's standards, would be akin to Russia funding Ukrainian separatists to get sea access. The countries of the OBR initiative understand that this is not a charity - It's an opportunity for business, and if they can't pay back an infrastructure initiative that they green-lit, then they should offload that responsibility onto an entity that can. I don't agree with indefinite ownership though, it makes little strategic sense as it will inevitably lead us to foreign entanglements.
@@XiangYu94 lol! Obviously Patrick can't reply because he doesn't know what you are talking about. Usually happens when an ignoramus syas something about something he doesn;t know anything about.
You talking about a treaty that was signed in 1903, before the second world war! The finacial system was totally reworked after the war and gold was unpegged from the dollar. The Bretton Woods international monetary system is over. your understanding of the world ended in 1944. If you want security that the world won't fall back into Colonial times, actions like this need to be stopped. Yeah the western world did bad, it doesn't excuse china. Its 2021 and the world is watching now!
@@DixonSimonLee Yes actually I’m glad the world is watching, just like how they watched the horrors of the Vietnam War unfold on live TV during the 60’s, well after 1944. If the colonial era ended, tell me why was America so invested in the reinstatement of French Indochina / the Diem administration that they had to directly intervene? Just because more direct methods of diplomacy were rendered obsolete in the early half of the 20th century did not prevent modern superpowers from packaging those old techniques in new forms & labels. America was a growing superpower and had every right to pursue hegemony in Central America when the opportunity presented itself. The same goes for China amidst its own growth phase. Like I said, I’m glad the world is watching (China too): Just because I am pro-OBR does not necessarily mean I’m pro-China, as I’m aware of my nation’s checkered past, and how avaricious or zealous our politicians can get. The global media, like the creators of this video, have done a decently fair job of appraising the situation - my issue is when nations (and a certain far right demagogue) use the media to twist the OBR into being some evil Death Star-like project, when really it’s just a bunch of roads and ports.
@@adisj5696 You obviously don't know anything about the IMF and World Bank. Do a bit of research and see who are appointed to both the IMF and World Bank. See if any outsider (apart from Europe and the US) get appointed to the board. Lol. Of course, its political. It has been used for decades as a political tool by the US in particular to influence and control the world. Now, that the Chinese are doing the same thing, all you hear are bitching and whining of BS narratives.
Van Wong China is part of both tf you talking about? Not only that but I’d rather a democracy run the world than an authoritarian dictatorship. The last 30 years after the collapse of the Soviet Union have seen some of the highest living standards, improving conditions for countries across the world, and a decrease in wars and deaths from wars. Sorry bud but this propaganda piece you’ve written makes no sense.
This video is really underestimating the massive anti Chinese sentiment now in Kazakhstan and it is spreading towards all levels of the government. Kazakhs aren't ignoring what Chinese are doing across the border to Uyghurs and Kazakhs. There is a clear turn away from China in the government economic policy.
Quite true - and all these are the results of evil propaganda by US/UK using fake news and hates to instigate the Uyghur and Kazart people to hate the Chinese
@@leeronald1461 You must be a CCP paid troll or just a brainwashed individual (judging by your username, probably a CCP troll). There are many Kazakhs and Uyghurs who managed to escape from Xinjiang and told their stories of being interned in the camps. US/UK media has absolutely nothing to do with any of these. Kazakhstan and China share a border, CCP can't stop the information on what is going on in Xinjiang leaking across the border.
@@leeronald1461 Typical CCP paid troll, using a Western name, defends China venously, but as soon as any actual facts are brought into the debate, just dissapears into thin virtual air
Lol, Vietnam is the most sinophobic country in the world yet China is our biggest trading partner. You overestimate the hatred of the common folks which has virtually no effect to trading.
@@dinhnguyen9273 I spend a lot of time in Kazakhstan for business, what I said is based on things I seen and heard. There is a big government push to attract investment from the West, there is a definite move away from China. It doesn't mean that trade with China will stop or that Chinese businesses will get kicked out of the country. But I bet any other new large scale Chinese projects in the country won't be happening any time soon.
7:38 did this guy just call Zhengzhou a ghost town? It's the capital of the Henan province. There were ghost cities as suburbs but Zhengzhou was never a ghost city.
They probably meant eastern sector of zhengzhou, 10 years ago. Its bloomberg their media company is american and americans arent the best with geography especially international geography
The development of spectacular transport systems seems to provide economic benefits that will win some economic battle. The inability to create a form of communication along with those systems, that offers respect for the cultures it mingles with is the element that seems to inspire conflict. Overcoming the conflict as well as exchanging our pride of production, seems to be something that we could exchange and benefit from? The Belt and Road concept seems to depend on a lot of extractive industry, when we could all use up some Steel Containers as we beat them into useful products instead of simply creating more waste and destruction of Nature. Instead of mining for steel and coal, we could convert the products on the docks of the world into metal products to supply the needs of the world? The economic warfare to keep the Silk Road from flowing peacefully across Ukraine into Europe, is something the IMF appears to be accomplishing as they tease Putin with an American Operation Barbarossa..... I envision that historic crossroads as a display of peaceful demonstrations of how cultures can benefit from learning from each other, instead of another site of Wars as they were when Nazis attempted to wake the Russian Bear. China seems to offer a carrot to Belarus as they count on the route going through Moscow and then into Europe through Belarus..... The US had several shooting wars over rail routes in our wild west, a similar effect of economic warfare, to current battles that now seem to be waged on a world stage...... The Workers suffer and the Capitalists remain safe in their Castles....That seems a bit unfair?
They built this for the future, not for the present. As soon as self driving tractor trailer technology is approved for use this route will make billions for China and Kazakhstan.
Nah mate, its way more expensive to drive or Rail goods out there then to put in on a ship. plus rail can't move enough to make it worth it. some simple maths: longest train in the world ever was 295 train cars long, assuming they take unpack two 300 cars hour , which is unlikely they could at max process 14000 Shipping container per day. the Maersk Triple E class ship can hold 20,000 and most ports can take 3 or more per day.
@@Stratigic_Cheese_Reserve what an interesting way to think about it. I had no idea that shipping things was quicker and efficient than railroads. Wow.
As said in the beginning, that dry port place is in the middle of nowhere. Far away from any ocean in any direction. If it were not because of the BRI, it's going to remain as nothing in the next 100 years, agree? At least now, it has a dry port, a railway, a highway, buildings, jobs, despite all the "negatives" that are all just sour grapes. Compare before and now and look beyond the wall of geo-politics, best hope for the locals.
How true. China has done well. The only problem I see, is that in future , when China either financially owns, or controls half of the world, will it not move its population to these places ( we own it so why not live there) It is called the silent invasion. If China owns you then they sure as hell will want to control you.
@@mangojack1487 There are indeed talks of "externalized agriculture," Chinese coming to cultivate lands in Kazakhstan. Once they settle, will they ever go back, or will it be "chinese territory since ancient times," and extermination camps for the kazakh "terrorists" that protest ? Also Kazakhstan will be flowned with Chinese goods, Chinese will have the wholesale market, and dominate the retail market, Kazakhstan will sell raw ressources for cheap in great amount to buy those finished products, and maybe even , it's chinese employees paid by Chinese corporations that will extract the raw materials.
I think it meant 郑东新区. There's only so much you can expect from a western media. Most of the time, they don't know what they were talking about. Bloomberg, comparatively, did an OK job.
Why is everyone confused about this? They said it WAS a ghost town, and now it’s HUGELY POPULATED... There is no desperate western media...you’re just misunderstanding the context.
@@xue8888 The rioters in Hong Kong is peaceful protester by US standard. The terrorist in Xinjiang are innocent people too by US standard. Whereas innocent protesters in the capitol are killed and called terrorist! The BLM protesters are labeled rioters by US. What a great standard by a lunatic US!
The main difference between the IMF/World Bank loans and Chinese loans is usually that the IMF offer loans with lower interests but with stricter rules for credibility and institutional framework. This makes the Chinese loans more convenient for governments wanting to fund big, often economically risky projects.
'convinient loans' thats already a red flag in itself, any countries that are neck deep in china's one belt road plan are already in china's trap and theres nothing they can do about it.
No, Chinese have far lower interest rates as well. Chinese don't just loan the money, they build it too for cheap which means they can offer better deals. Of course China doesn't meddle in other countries or force them to install puppet gov, China works with all govs
Mark my words, this story will be played continously until the B&R is complete just like they did with the ghost cities then you’ll never hear about it again cause you’ll realize none of the doubts came to fruition
Yet you put up no reaspn as to why your hypothesis might be correct. Maybe try using an argument unless you want to simply share your opinion. When you think about the historical silk road it was as important as it was because China and India produced goods the west simply couldn't (Silk, Porcelain, Spices). Is there anything nowadays china has to offer besides cheap labor and maybe telecommunication? China don't really has anything to offer besides electronics and diseases. This i mean in the longterm 20 years or so. What do they want to do when salaries have risen and product prices too? Chinese products are bought because they are cheap and unless china becomes a lot more inventive, which is almost next to impossible in a dictatorial regime like the cccp, there simply won't be much to transport along the renewed silk road.
@@sharvansharma1313 it could be USA agenda but from Kazakhstan point of view and Europe point of view the only beneficiary is China. All projects own by China, man power China, raw materials everything chinease. Man they are fooling all countries
It is more a strategic investment than an economic one. Sea lanes around China are not nly congested they can be easily blockaded (strait of Malacca) by the US navy. The western route is a risk reducing alternative that reduces the economic impact of a naval conflict or blockade on China's trade.
More of a strategic than an economic move? Yeah right. After all, the combined market size of Europe, Mediterranean, Africa, Middle-East, Central Asia, South Asia, South-East Asia, Russia, Far East (China, Japan, North Korea, South Korea, Mongolia, and the easternmost portion of Russian Siberia) is just but a tiny fraction of world trade.
@@jkselama4698 Your point doesn't make much sense. If it were purely economics, then Khorgos would have atleast 1/2 the traffic. The truth is the rail roads are too long, require a large amount of funding, have less capacity than sea ports, are more expensive and need much more co-operation or coersion. The project is certainly more strategic than economical.
I don't know. Thousands of kilometers of railways seems just extremely fragile. You can't bomb the seas and oceans but if you just bomb and unterrupt a few meters, the traffic ceases completely.
@@qrsx66 The US controls the largest navy in the world and can use Taiwan, South Korea, Japan, Philippines and Australia to create a blockade. The area around Kazakhstan is the furthest route China can get outside of America's sphere of influence.
I live in Bangladesh, where the USA and EU get most of their apparel manufactured. Workers here work like slaves. They get paid like 80-100 dollars per month, forcing them to work 12 hours a day, 6 days a week, and no vacation except national and religious holidays, in the name of "overtime working". They have no choice as they have no education nor experience nor help to live a better life. Their work environment and slums are also terrible. They have to live in the lowest work standard in all of Asia! Our government labels it as a part of developing our country when in contrary it is neocolonialism by western companies. We can't do anything in fear of any sanction and trade cancellation which would hit us hard. And when China is building infrastructure projects that would help both China and our country, IMF and World Bank call it "debt-trap", when on the contrary the USA government is suffering from excessive debt themselves.
What resources is the US controlling? I like pointless and clueless comments like your it is just funny how people like you will just struggle to answer
@@primeroyal7434 US companies are private company with no links to government, so its your own Government that is not negotiating for better workers pay form the US private companies.
@@Aechellies The current ruling party is rigging our elections and silencing anyone who would speak against them. They take bribe from US and EU and do their dirty works. You see the UN peacekeeping forces? They are just neocolonialist forces commanded by NATO. And our country provides more soldier to them than any other country.
@@vla6211 Both the United States and China are infringing upon the sovereignty of other countries, that’s just the nature of world superpowers. Rome infringed on its neighbours, Imperial China infringed on its neighbours, Britain and France infringed upon the sovereignty of almost every country in the world, Japan infringed upon the sovereignty of countries in Asia, Russia infringed on the sovereignty of Eastern Europe.
@@JollyOldCanuck And both Vietnam and Korea are part of Ming's 不征之國, meaning "states that we should not invade". Also, they dont really have a colonial system throughout its entire history. They claimed to be the "center of the world" and barred themselves from the rest for centuries. The only thing that resemble the 'colonialism' in the west is their Tribute system, which is more like a trading agreement.
@Crypto Capital Investments So funny that you made it sound like you can sanctions anyone Just because you dont trust And it is so justified. Then i believe anyone can build whatever weapons they want to against you Because that's what you do and you call it responsibility.
Depends on which scope you look through... Unfortunately that $1 trillion dollars US spent on weaponry would ensure that US can print another 10 trillions and ask/force other countries to absorb their inflation and debt.
US military technology lead to the internet, GPS, and microchip which make this communication possible and created wealth across the globe. China builds ghosts cities. Yeah, that’s a hard one.
Most of US "aid" money ends up on the hands of the same rich families around the world, even in the poor countries. Also many of the "aid" money from the USA has been used to pay coups around the globe, many in Latin America.
US propaganda is always demonizing Muslims and Chinese people. One is because its the fastest growing religion, the other is the fastest growing economy. People need to be rational and realize their real agenda which is to destroy any rivals. Just look what happen to Soviet Communism got demonize by US before its collapse.
When Napoleon restored in France, a newspaper in Paris reported as Napoleon troops marched to Paris: - 9th March, the Anthropophagus has quitted his den - 10th, the Corsican Ogre has landed at Cape Juan - 11th, the Tiger has arrived at Gap - 12th, the Monster slept at Grenoble - 13th, the Tyrant has passed through Lyons - 14th, the Usurper is directing his steps towards Dijon, but the brave and loyal Burgundians have risen en masse and surrounded him on all sides - 18th, Bonaparte is only sixty leagues from the capital; he has been fortunate enough to escape the hands of his pursuers - 19th, Bonaparte is advancing with rapid steps, but he will never enter Paris - 20th, Napoleon will, tomorrow, be under our ramparts - 21st, the Emperor is at Fontainbleau - 22nd, His Imperial and Royal Majesty, yesterday evening, arrived at the Tuileries, amidst the joyful acclamations of his devoted and faithful subjects. SO DOES CHINA during her renaissance nowdays.
@@darekwroblewski1090 It is of course the scar of China, but now the flowers grow from the scar, and all Chinese benefit from it actually. Sometimes the human history can only tell the truth after a long long period of time, but not now.
@@psychout3481 I don't understand what you mean. You haven't provided any context. As in, my source is "Trust me bro". Or the other guy's source is "trust me bro".
I love the sentence which had been said, build first, and they will come. My view, "Changing the ghost town to heaven town is the human's responsibility."
1:35 was Hilarious!!!! The area is so empty they had to say it 3 times. It's so empty that the punch line is "there's nothing there"....I guess I was expecting some explanation or sumn
@@samprulit6569 So why is it called concentration camp? They are slaughtered, tortured, humiliated? Or the stupid media name it for slant and they those without critical thinking accept it brainlessly.
1:54 that's..... US rail right? The well cars are US style. And 10:24, for $9b you got all those fancy things, makes you wonder where did the US Trillions of stimulus money go.
It's to keep the huge US multinational companies from dying, which, expectedly, needs a lot of money to keep it alive without going too deep into the red, for better or worse. Buybacks.. in the pas years companies did waste their own money doing buybacks, and experts claim that those waste of money are why they can't stay alive without the stimulus, so while the stimulus technically don't pay for current buybacks as companies scale them back, they are in practice paying for past buybacks.
7:51 Reminds me a friend said a possible reason for China's rapid infrastructure expansion/construction was also to beat inflation (i.e. it'll be more expensive to build in the future than in the present). Meanwhile Singapore is more conservative & sometimes builds it's train stations only decades after the surrounding area is populated, & our Downtown Line went 70% over budget supposedly because of raw materials' inflation
Try looking it back in 20 years. I don’t get why people are so obsessed with the output now. It’s an infrastructure plan for the next century. It’s like building any kind of infrastructures, it’s preparing for the future that has yet to come, you cant possibly make money out of it right after it’s constructed, it will only boost industries years even decades later. This plan is only a part of the “BELT & ROAD INITIATIVE” that China has proposed. Anyone who has given it a research would know that it’s the boldest and most ambitious propose that has ever been made by any countries at anytime through the entire human history
In Xinjiang, I support what China is doing, a father figure trying to lift living standard of Uighur people. Absolutely no genocide. Birth rate higher than national average, more Uighurs go to college, and more of them get rich while maintaining their heritage.
I love that they admit Belt and Road is the new Marshall Plan, but somehow the Marshall Plan wasn't imperialist but Chinas is (when in fact they're both plans to create world trade dominance)
But the Marshall plan was at least actually filling a need - Europe was practically bankrupt and her cities in ruins after 6 years of war and desperately needed investment to rebuild. There there is no denying the citizens of recipient nations benefited tremendously from it. Western European nations bounced back much faster and became significantly more prosperous than their Eastern European neighbours. However the same can not be said for belt and road, many projects are of extremely questionable necessity to the recipient country. On the contrary, numerous countries are now saddled with unsustainable levels of Chinese debt for vast white elephant infrastructure that sits dormant.
Zhengzhou a ghost town 10 years ago ? Man someone travel back in 15 years ago when I taught English there and tell me. Cuz it looked like a poppin town when I was there
Zhengzhou is a civilized city with very deep, rich culture back in the old days if you are interested as a historian. Now it is restructure to a major transportation hub. I have a friend from Zhengzhou and he is very proud of it.
Almost 10 years ago, the armed police and the military in China changed into digital camouflage uniforms. In the Bloomberg video I saw, the armed police still wear old-fashioned camouflage uniforms. I hope that Bloomberg will be more serious about using these news materials.
As a Chinese minority, a non-Han ethnicity, I can only honestly point out that when Western countries withdraw their hands from the Islamic world, there will be a considerable reduction in extremist religious elements. Even the funded "freedom fighters" have to Turn to parliamentary struggle instead of becoming a warlord who divides the country. Once the social stability of Arab countries and Islamic countries is restored, the soil for generating extremist ideas will no longer exist, and there will be no such strict social supervision measures in this region. The Muslim society in Southeast Asia made me realize that Islam is not the source of the problem. It is a pity that we all know that for a long time, the West will not allow non-Western countries to get a fair right to development.
You aren’t even supposed to use RUclips, yet you find time to criticize the West. This is called whataboutism, which China learned from my country when we used to be USSR.
@Chapi Esteros I am Russian. It is evident to the whole world of what China is doing. The Chinese concentration camps are an indisputable fact, proven with satellite images, various recordings, and thousands of statements from the Uighur minority. It’s not my fault you use VPN to access sites like RUclips, but are apparently too lazy to read the uncensored media from the rest of the world and check the actual investigations. You are shifting blame on the U.S. for actions that are unrelated to the event mentioned. This is pure Whataboutism. Moreover, the U.S. eventually does recognize its mistakes, while China does not. Mao’s murder, Tiananmen Square protest, and now the concentration camps are denied to have ever existed. Horrible actions of other countries do NOT justify Chinese actions.
@@glebsokolov9959 If the "East Turkestan Organization" had not received funding from the United States, had not sent its members to Syria, or even fought side by side with ISIS, I might be a believer in the West like you and worship the West. But unfortunate things happened. I am from Yunnan. I still remember what the extremists did at Kunming Railway Station. The Communist Party of China made my hometown develop peacefully. It was the Communist Party of China that allowed me to sit peacefully at home and argue with you idiot, instead of sitting tremblingly with an unknown refugee in a container shipped to Europe and the United States.
@@glebsokolov9959 You are an American troll pretending to be a "Russian." Most likely a Trump supporter. How did the U.S. "recognize its mistakes"? Like, "oops, we lied about WMD in Iraq"? 😂
more than money china need dominance on world , xi capturing poor countries in debt trap and increasing dependency of developed country's on chines good's
European imperial powers colonizing World: Democracy and Civilization China Expanding their business for mutual benefit: Colonization Double standards.😂😀
As always negative report is always negative on Chinese build projects. Your western capitalist view is getting very upset with Chinese style of doing business which look at long term that dont see profit in short temr like you guys did to all the poor countries who once was rich.
What “territory dispute“ are we talking about? Russia vs Manchu empires? Or Kazakh Khanate vs Ming/Yuan Mongolian? What “ historical textbooks” refers what? Don’t tell me it was Tang Period... just curious
Kazakhstan is corrupt, but huge projects have been built in Kazakhstan, by Kazakh companies before - for example the two multi billion dollar copper mines built by Kaz Minerals. To me the bigger issue with this project is the massive anti Chinese sentiment in Kazakhstan, Kazakh people do not want Chinese in their country.
China is investing in corrupt countries this will be a mistake in the long run. It will ultimately create a scenario where the only person profiting from China investments is the corrupt leaders of the country and China itself. Basically doing what England did in India and South Africa 100 years ago. Unfortunately China, is only becoming what they think they are preaching against, an empire.
Don't forget one thing, trains can be powered easily by electricity, electricity can be renewable. Ships are powered mostly by bunker fuel, a dirty high emissions fuel. In the next years most likely Europe will impose high taxes on CO2 emissions, including shipping and air travel, that means, it's likely that trains powered by renewable power will be cheaper than ships powered by dirty bunker fuel, once you account for the emissions. This is 5 head play from China.
Except none of these new train lines have been electrified (which is an unbelievably costly and inefficient process) and so they can’t operate electric powered trains….
Of course they print money, where do you think Chinese Yuan's come from? They also have over $2T in debt to finance massive infrastructure projects such as this.
MMT made it that a country has to keep printing money but the key is will these money truly boost the REAL economy like infrastructure and manufacturing but not idle in the stock market. And debts, China’s debt ratio is scary at first, but it is the sum of residents, companies, local governments and national debt. While Western media only talking about national debt of their country.
I get the feeling that Dept makes little difference to China. It is fully self sufficient with the world's largest population and export market. I believe in theory because they are so depended upon for manufacturing the markets will never really trunk on them (in regards to raw materials). China has such a monopoly, if major importing nations were to embargo china (say for moral reasons for human rights abuse), the system would backfire - we would see a huge increase in global steel prices amongst other refined materials as a result and thus increasing china's potential wealth. And even if no one traded with China and markets crashed etc, the Chinese people probably wouldn't feel much. On the contrary, I think we would see the social credit system taken full advantage off with an internal currency created. They won't cease being a superpower, rich in natural resources and manufacturing - they'll happily keep functioning and growing all by themselves...
Khorgos handled 34.4 million tons of cross border cargo in 2020, compared to Port of Shanghai's ~600 million in 2019, for a ratio of 1:19, not 1:260 as this video says
"provide the supply a head of demand and hope demand would catch up....." this a source of world problems right now, from climate change, economic crisis, to the world Pandemic. 🙈
@@qrsx66 they tell part of the truth, and leave some lies in there. For example the so called repression on the minorities in Xinjiang. That subtle propaganda is even more disgusting than plain lies.
@@Jsttobe As someone who spends a lot of time in Kazakhstan, I can tell you that everyone in Kazakhstan knows what goes on across the border. Plenty of stories reach across the border from Kazakhs in internment camps in China. You are the one that is spreading propaganda.
It is sometimes useful when they protrait China as an evil country that committed genocides. But showing ppls that China built things really is going opposite lol.
The story of Uyghur oppression in Xinjiang is a steaming pile of bull. Every year, millions of foreign tourists visit Xinjiang and they can clearly see that the Uyghurs are happy, that Uyghur culture is totally intact, that mosques full of worshippers are practically around every corner. Why is Bloomberg continuing to perpetuate this nonsense???
Western media as it's finest, they want to kill china before it grows too big for them and misinformation is the name of the game. I'd encourage anyone to visit those places and talk to the people instead of soaking in whatever the liars said.
exactly, they keep on bringing up the stupid 'Uighur camps' nonsense. Like, I have actual Uighur friends, and this crap makes me just feel so angry that they are spreading nonsense about Uighurs who live happy lives.
When your neighbor is rich, you are still a poor man, so you are very angry to slander him with all kinds of lies, only by doing this can you balance, and you are still a poor man
China does that becoz they have too much foreign reserves, and they produce too many thus seeking for greater export markets, the drive of OBOR was from the inside out, not becoz they wanna push their influence global
Nope, it's because chinese capitalism (like all capitalism) is dependant on continuous growth. There are plenty of "growth cities" in China that are all ghost towns - their infrastructure development at home is already winding down and to keep the state companies afloat they need to fund these projects in different countries. A little bit of decline caused huge problems financially, in so much as they manipulated their own currency to show investors growth.
@@yaozhao8318 Right.. By torturing them with electroshocks, beating them, putting them under the influence of drugs and sterilizing them so they cannot have children anymore. Maybe you should be put under such conditions these people have to face before you support such a thing.
I was in Xinjiang recently. I saw no police blockade nor military outposts along the belt and road corridor. People live normal lives and children are playing in the streets. People can go anywhere in Xinjiang as pleased. I would encourage people to visit Xinjiang, especially along the OBOR corridor to see for themselves.
Xinjiang and Kazakhstan will boom. Investments will pour into this region. Tourism and agriculture will grow. One million Uyghurs in detention camps is impossible and nonsense.
China build debt traps. Sri Lanka,Pakistan, African countries all are leasing or selling their land to China. Sure it is building, but once they complete building debt traps, the countries don't benefit from their buulding.
Belt and road initiative (Cpec) In pakistan has created lot of jobs,a lot of business opportunities, and due to infrastructure programs private investment is coming and cpec special economic zones have attracted about around $4 to 5 billion dollars investment even they are still in development phase, and totally due to all the cpec projects other than cpec investment more than $20 billion dollars projects are under the process in different levels
The integration of Eurasian infrastructure is greatly needed and could greatly benefit of the entire supercontinent. The EU should develop its own plan.
What had happened in the past, is the past. O.k. Now the Kazakhstan government and the China government are together to benefit all the people in that region. Henceforth look forward positively for all humanity in the region. I.e. people to people connecting that matters most? Rrrra.
@@junhaoshao846yes I want money isn’t only thing in human life. Try to be patriot don’t you see what China is doing in Hong Kong Taiwan Tibet Uyghus Coronavirus
@@zekimelihmuti5501 Your propaganda seems to be a bit one sided? Discussion seems intended to exchange ideas? Are you preaching or attempting to learn from other Humans?
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You're tripping.
Did you really just use your own articles as sources in your video?
0]0]pp]]
Now, you want to get pay for your junk, garbage news?
Bloomberg, an anti-China anti-Asian anti-Muslim western news agency similar to the Japanese Nikkei news.
Lol, did Bloomberg stole Vox's editors?
Recycle fit more
@@jayjwin1178 You forgot exporting debt traps and stealing local land.
@@jayjwin1178 Whether you borrow fish or 50 cents, debt traps are debt traps. More nations are realising the danger and are saying no to the traps.
@DUMAS LI China quitely destroys.. like the Uyghur culture...
You know it's true!
Sincerely, TEAM AWESOME
@@meferswift :
Why if USA/UEROPE Stolen is called Recycle?
if Asia ASIA Stolen?
China is playing civilisation
USA is playing call of duty
@Goober Brown Really? From where?
@Goober Brown china is just giving too much loans to poor countries which they will not be able to pay and take over them this same thing china did with Pakistan , Sri Lanka and some poor African countries
@ea s us is doing great job every country needs self defence from China like countries , at least in return us doesn't take control over that country , I don't hate Chinese people but I hate the way Chinese government is trying to control over poor countries I'm sorry If i offend you but that's the harsh truth my friend
COD, great game for freedom loving Patriots.
@@abhinashsinghania440 check the numbers please. The truth is that only 17% of African countries' debt is from china, most of the debt are from western countries.
It's not just about trade with the EU, it's about Kazakhstan itself too. Sure, transportation by train is not as efficient as by sea, but Kazakhstan is a landlocked country, cannot be reached by sea, and it has 50% of the world's Uranium reserve...
@@foxfire5235 A typical cargo ship can carry several times more goods than cargo trains of similar cost. That’s not counting the cost of building the rails. The world’s transportation has always been destined by shipping by sea, war or otherwise, because you can only trade between the old and new world by sea.
@@foxfire5235 where on earth did you learn that? there's no way that a train would be more efficient than a cargo ship, not even close.
@@tonglu3699 What you are failing to recognise is the massive speed advantage that rail has over sea. Transporting cargo from China to Europe in half the time - from around a month by sea, down to 14 days by rail. This number will likely drop if China keeps pushing for rail connections and increases technology investment in rail. Cargo ships can transport larger amounts per vessel than trains, but they require a bigger crew and more fuel. Pushing through water is a lot harder than pushing through air, especially when you are far wider, like cargo ships are. The risks for shipping is far higher than rail. Rail can not lose all of its cargo to a freak wave. On top of this, it is relatively easy to electrify rail networks and line those networks with solar panels and wind turbines to get extremely cheap energy, massively reducing the cost to transport goods. The battery technology that would be needed to do this for the scale of shipping does not yet exist. Ultimately, as fuel becomes more expensive and electric becomes far cheaper, it will make more economic sense to transport via rail from China to Europe.
I work in the logistics company in Qazaqstan, and the train shopping from China grows from year to year . Our company is even building another terminal next to Dostyk and Altynkol. Shipping time to Europe through Kazakhstan from China is 2-3 weeks faster than by the sea. Also it includes transhipment at the border since we have different rail roads types with China. The only risks are political and corruption at the border. Otherwise we Kazakhstani people could thrive on this route, as we did many centuries ago . Alga Kazakhstan 🇰🇿🇰🇿🇰🇿
@@idontwanttopickone was for ship cargo you speaking japan and German, ship cargo transport save russia , uk and china.
I think the "ghost city Zhengzhou" he mentioned is actually East Zhengzhou New District, which was widely reported in western media 10 years ago. Now it's so crowded.
After it's crowded. They are no longer anywhere as interested to keep reporting about it.
They already mentioned in the video that the city nowadays it's very populated.
@@martiddy "They" as in this particular report. Not "They" as in the Western media.
If you ask just about anyone in the West (including well educated people), the greatest majority of them still think these ghost cities are still ghost cities and that China is still building ghost cities.
It is funny, but they will never look back what they have said.
@@martiddy you have millions of westerners who still think there are "ghost cities" in China.
Every time the US complains about infrastructure diplomacy, do they forget their role in the Panama Canal? I’m not even angry they made it because it boosted trade speed for everyone. If the One Belt Road initiative provides infrastructure, that helps everyone too. It just doesn’t have the gleaming PR stamp of approval that the Americans wield.
@@patricksweeney5308 Typical American: Always pointing out the wrongdoings of the world, while failing to see the wrongdoing that they propagate themselves. I'm specifically referring to the Hay-Bunau-Varilla Treaty which granted Roosevelt indefinite ownership & development rights for the Canal. I'm also referring to America's backing of Panamanian independence from Colombia, which by today's standards, would be akin to Russia funding Ukrainian separatists to get sea access.
The countries of the OBR initiative understand that this is not a charity - It's an opportunity for business, and if they can't pay back an infrastructure initiative that they green-lit, then they should offload that responsibility onto an entity that can. I don't agree with indefinite ownership though, it makes little strategic sense as it will inevitably lead us to foreign entanglements.
@@XiangYu94 lol! Obviously Patrick can't reply because he doesn't know what you are talking about. Usually happens when an ignoramus syas something about something he doesn;t know anything about.
You talking about a treaty that was signed in 1903, before the second world war! The finacial system was totally reworked after the war and gold was unpegged from the dollar.
The Bretton Woods international monetary system is over. your understanding of the world ended in 1944. If you want security that the world won't fall back into Colonial times, actions like this need to be stopped.
Yeah the western world did bad, it doesn't excuse china. Its 2021 and the world is watching now!
@@DixonSimonLee Yes actually I’m glad the world is watching, just like how they watched the horrors of the Vietnam War unfold on live TV during the 60’s, well after 1944. If the colonial era ended, tell me why was America so invested in the reinstatement of French Indochina / the Diem administration that they had to directly intervene?
Just because more direct methods of diplomacy were rendered obsolete in the early half of the 20th century did not prevent modern superpowers from packaging those old techniques in new forms & labels. America was a growing superpower and had every right to pursue hegemony in Central America when the opportunity presented itself. The same goes for China amidst its own growth phase.
Like I said, I’m glad the world is watching (China too): Just because I am pro-OBR does not necessarily mean I’m pro-China, as I’m aware of my nation’s checkered past, and how avaricious or zealous our politicians can get. The global media, like the creators of this video, have done a decently fair job of appraising the situation - my issue is when nations (and a certain far right demagogue) use the media to twist the OBR into being some evil Death Star-like project, when really it’s just a bunch of roads and ports.
That's just how they are controling and takeing over other civilizations, too meany IkIKIKIKIKIKIKs allready.
What makes me laugh is that Bloomberg Quicktake
uses articles from itself for reference.
Well if the groundwork is solid which its based on u can use it.
Several scientific articles use self citing.
its common in the academia..
Source: trust me bro.
@@dannyfergusson3243 academic area is different from media, sciemtific articles are peer riewed but the new and its analysis is not
powermove lol
In the eyes of imperialists, everything is imperialism.
jealousy.
True - but are they wrong ??
Fear of being caught up
@@lucyblueeyes3858 white fear as western ideology and hegemony crumbles
A Chinese debts trap is a purely evil, but IMF debts trap is an angel. LOL
lol if you think china and imf have same policies, then you are just ignorant
Western bankers just don't want more competitors.
@@adisj5696 You obviously don't know anything about the IMF and World Bank. Do a bit of research and see who are appointed to both the IMF and World Bank. See if any outsider (apart from Europe and the US) get appointed to the board. Lol. Of course, its political. It has been used for decades as a political tool by the US in particular to influence and control the world. Now, that the Chinese are doing the same thing, all you hear are bitching and whining of BS narratives.
Van Wong China is part of both tf you talking about? Not only that but I’d rather a democracy run the world than an authoritarian dictatorship. The last 30 years after the collapse of the Soviet Union have seen some of the highest living standards, improving conditions for countries across the world, and a decrease in wars and deaths from wars. Sorry bud but this propaganda piece you’ve written makes no sense.
@@adisj5696 No, they are definitely not. US-led IMF is real evil.
Like how Chinese people plan everything , obviously these plans for the future
@Brian Bedford Yes like the port in Sri Lanka, or the projects in Paxstan.
But nobody want to live under their government system.
@@Bulgeofpersuasion the reason they plan so well is because they're trying to dominate the world
@@Bulgeofpersuasion they don't create color revolution like someone did
This video is really underestimating the massive anti Chinese sentiment now in Kazakhstan and it is spreading towards all levels of the government. Kazakhs aren't ignoring what Chinese are doing across the border to Uyghurs and Kazakhs. There is a clear turn away from China in the government economic policy.
Quite true - and all these are the results of evil propaganda by US/UK using fake news and hates to instigate the Uyghur and Kazart people to hate the Chinese
@@leeronald1461 You must be a CCP paid troll or just a brainwashed individual (judging by your username, probably a CCP troll). There are many Kazakhs and Uyghurs who managed to escape from Xinjiang and told their stories of being interned in the camps. US/UK media has absolutely nothing to do with any of these. Kazakhstan and China share a border, CCP can't stop the information on what is going on in Xinjiang leaking across the border.
@@leeronald1461 Typical CCP paid troll, using a Western name, defends China venously, but as soon as any actual facts are brought into the debate, just dissapears into thin virtual air
Lol, Vietnam is the most sinophobic country in the world yet China is our biggest trading partner.
You overestimate the hatred of the common folks which has virtually no effect to trading.
@@dinhnguyen9273 I spend a lot of time in Kazakhstan for business, what I said is based on things I seen and heard. There is a big government push to attract investment from the West, there is a definite move away from China. It doesn't mean that trade with China will stop or that Chinese businesses will get kicked out of the country. But I bet any other new large scale Chinese projects in the country won't be happening any time soon.
7:38 did this guy just call Zhengzhou a ghost town? It's the capital of the Henan province. There were ghost cities as suburbs but Zhengzhou was never a ghost city.
They probably meant eastern sector of zhengzhou, 10 years ago. Its bloomberg their media company is american and americans arent the best with geography especially international geography
The development of spectacular transport systems seems to provide economic benefits that will win some economic battle. The inability to create a form of communication along with those systems, that offers respect for the cultures it mingles with is the element that seems to inspire conflict.
Overcoming the conflict as well as exchanging our pride of production, seems to be something that we could exchange and benefit from?
The Belt and Road concept seems to depend on a lot of extractive industry, when we could all use up some Steel Containers as we beat them into useful products instead of simply creating more waste and destruction of Nature. Instead of mining for steel and coal, we could convert the products on the docks of the world into metal products to supply the needs of the world?
The economic warfare to keep the Silk Road from flowing peacefully across Ukraine into Europe, is something the IMF appears to be accomplishing as they tease Putin with an American Operation Barbarossa.....
I envision that historic crossroads as a display of peaceful demonstrations of how cultures can benefit from learning from each other, instead of another site of Wars as they were when Nazis attempted to wake the Russian Bear.
China seems to offer a carrot to Belarus as they count on the route going through Moscow and then into Europe through Belarus.....
The US had several shooting wars over rail routes in our wild west, a similar effect of economic warfare, to current battles that now seem to be waged on a world stage......
The Workers suffer and the Capitalists remain safe in their Castles....That seems a bit unfair?
@@daeseongkim93 racist
@@slayazu since when were Americans from a single race. You're the racist here.
@@daeseongkim93 you mean Americans aren’t the best at being honest (it’s propaganda)
What’s wrong with building ports for landlocked country?
Because they will own the land and the political spectrum. Like they just did to the USA
@@Boxbeat666 ever heard of the marshall plan ??
@@Boxbeat666 monroe doctrine, america for americans
or in other words all of america to the US
@wxfgzgb rfuw what are your views on Muslims in north China or hongkong ? I think I know already
They built this for the future, not for the present. As soon as self driving tractor trailer technology is approved for use this route will make billions for China and Kazakhstan.
Nah mate, its way more expensive to drive or Rail goods out there then to put in on a ship. plus rail can't move enough to make it worth it. some simple maths: longest train in the world ever was 295 train cars long, assuming they take unpack two 300 cars hour , which is unlikely they could at max process 14000 Shipping container per day. the Maersk Triple E class ship can hold 20,000 and most ports can take 3 or more per day.
@@Stratigic_Cheese_Reserve the shipping time is also a big factor. I'm sure there are some goods that are shipped by air.
@@Stratigic_Cheese_Reserve what does this have to do with anything I said?
@@Stratigic_Cheese_Reserve sorry to say, you really don't know the environment and logistics better than. The Chinese and. the Kazakstans.
@@Stratigic_Cheese_Reserve what an interesting way to think about it. I had no idea that shipping things was quicker and efficient than railroads. Wow.
As said in the beginning, that dry port place is in the middle of nowhere. Far away from any ocean in any direction. If it were not because of the BRI, it's going to remain as nothing in the next 100 years, agree? At least now, it has a dry port, a railway, a highway, buildings, jobs, despite all the "negatives" that are all just sour grapes. Compare before and now and look beyond the wall of geo-politics, best hope for the locals.
How true. China has done well. The only problem I see, is that in future , when China either financially owns, or controls half of the world, will it not move its population to these places ( we own it so why not live there) It is called the silent invasion.
If China owns you then they sure as hell will want to control you.
@@mangojack1487 There are indeed talks of "externalized agriculture," Chinese coming to cultivate lands in Kazakhstan. Once they settle, will they ever go back, or will it be "chinese territory since ancient times," and extermination camps for the kazakh "terrorists" that protest ?
Also Kazakhstan will be flowned with Chinese goods, Chinese will have the wholesale market, and dominate the retail market, Kazakhstan will sell raw ressources for cheap in great amount to buy those finished products, and maybe even , it's chinese employees paid by Chinese corporations that will extract the raw materials.
7:38 WTF.. Zhengzhou is/was one of the most populated city in China.
*administrative region
I think it meant 郑东新区. There's only so much you can expect from a western media. Most of the time, they don't know what they were talking about. Bloomberg, comparatively, did an OK job.
@@catmaxi2599 CIA bot
Why is everyone confused about this? They said it WAS a ghost town, and now it’s HUGELY POPULATED...
There is no desperate western media...you’re just misunderstanding the context.
@@joetheperformer It's a district of Zhengzhou called 郑东新区 that was a ghost town, not the entire Zhengzhou city.
U.S: BUILD THE WALL!
China: BUILD THE ROAD!
China: build the concentration camps for innocent people! Build prisons for political offenders!
@@xue8888 except they are not innocent at all 😂😂😂 look up East turkestan islamic movement on google
LOL, joke right?
@@jasons4045 Hmm seems like china has been illegally occupying a nation for centuries...just like tibet and now hong kong...
@@xue8888 The rioters in Hong Kong is peaceful protester by US standard. The terrorist in Xinjiang are innocent people too by US standard. Whereas innocent protesters in the capitol are killed and called terrorist! The BLM protesters are labeled rioters by US. What a great standard by a lunatic US!
Do note that the ICD at Kazakhstan is congested with EU-Far East trains through out the year!
Who is actually liking your comment. Your fellow propaganda bots?
@@N7-WAR-HOUND , It looks like you are more interested in propaganda than facts!
The main difference between the IMF/World Bank loans and Chinese loans is usually that the IMF offer loans with lower interests but with stricter rules for credibility and institutional framework. This makes the Chinese loans more convenient for governments wanting to fund big, often economically risky projects.
Which the Chinese then use to get outright ownership of parts of those risk-taking countries.
@@BosonCollider Exactly. Sadly it doesnt seem like a lot of people in the comment section understands this
Коррупционную составляющую таких кредитов тоже нужно учитывать.
'convinient loans' thats already a red flag in itself, any countries that are neck deep in china's one belt road plan are already in china's trap and theres nothing they can do about it.
No, Chinese have far lower interest rates as well. Chinese don't just loan the money, they build it too for cheap which means they can offer better deals. Of course China doesn't meddle in other countries or force them to install puppet gov, China works with all govs
Mark my words, this story will be played continously until the B&R is complete just like they did with the ghost cities then you’ll never hear about it again cause you’ll realize none of the doubts came to fruition
I agree with you. It is all US and western media propaganda against China uprising.
Yet you put up no reaspn as to why your hypothesis might be correct. Maybe try using an argument unless you want to simply share your opinion.
When you think about the historical silk road it was as important as it was because China and India produced goods the west simply couldn't (Silk, Porcelain, Spices). Is there anything nowadays china has to offer besides cheap labor and maybe telecommunication? China don't really has anything to offer besides electronics and diseases. This i mean in the longterm 20 years or so. What do they want to do when salaries have risen and product prices too? Chinese products are bought because they are cheap and unless china becomes a lot more inventive, which is almost next to impossible in a dictatorial regime like the cccp, there simply won't be much to transport along the renewed silk road.
China plays a lot of game....you never knows.
@@sharvansharma1313 I also agree!! The US as USual with their Western lackeys!
@@sharvansharma1313 it could be USA agenda but from Kazakhstan point of view and Europe point of view the only beneficiary is China. All projects own by China, man power China, raw materials everything chinease. Man they are fooling all countries
wait... isn't that what World bank or IMF currently doing ?
FBI is watching you! 😂
@@mahimjr1971 CIA*
it's called AID by Western banks, but it's called loans from Chinese bank.
@@lvjinbin28 😂😂😂
They're demonizing the East with these words, I call it Western Political Hypocrisy
It is more a strategic investment than an economic one. Sea lanes around China are not nly congested they can be easily blockaded (strait of Malacca) by the US navy. The western route is a risk reducing alternative that reduces the economic impact of a naval conflict or blockade on China's trade.
More of a strategic than an economic move? Yeah right. After all, the combined market size of Europe, Mediterranean, Africa, Middle-East, Central Asia, South Asia, South-East Asia, Russia, Far East (China, Japan, North Korea, South Korea, Mongolia, and the easternmost portion of Russian Siberia) is just but a tiny fraction of world trade.
@@jkselama4698 Your point doesn't make much sense. If it were purely economics, then Khorgos would have atleast 1/2 the traffic. The truth is the rail roads are too long, require a large amount of funding, have less capacity than sea ports, are more expensive and need much more co-operation or coersion.
The project is certainly more strategic than economical.
I don't know. Thousands of kilometers of railways seems just extremely fragile. You can't bomb the seas and oceans but if you just bomb and unterrupt a few meters, the traffic ceases completely.
@@qrsx66 The US controls the largest navy in the world and can use Taiwan, South Korea, Japan, Philippines and Australia to create a blockade. The area around Kazakhstan is the furthest route China can get outside of America's sphere of influence.
Americans can control the resources and all companies in other contries by its domestic law. Others' cannot.
I live in Bangladesh, where the USA and EU get most of their apparel manufactured. Workers here work like slaves. They get paid like 80-100 dollars per month, forcing them to work 12 hours a day, 6 days a week, and no vacation except national and religious holidays, in the name of "overtime working". They have no choice as they have no education nor experience nor help to live a better life. Their work environment and slums are also terrible. They have to live in the lowest work standard in all of Asia! Our government labels it as a part of developing our country when in contrary it is neocolonialism by western companies. We can't do anything in fear of any sanction and trade cancellation which would hit us hard. And when China is building infrastructure projects that would help both China and our country, IMF and World Bank call it "debt-trap", when on the contrary the USA government is suffering from excessive debt themselves.
What resources is the US controlling? I like pointless and clueless comments like your it is just funny how people like you will just struggle to answer
@@davout5775 This is when uneducated fools discover geopolitics, they make comments like this Pinn HUEE guy
@@primeroyal7434 US companies are private company with no links to government, so its your own Government that is not negotiating for better workers pay form the US private companies.
@@Aechellies The current ruling party is rigging our elections and silencing anyone who would speak against them. They take bribe from US and EU and do their dirty works. You see the UN peacekeeping forces? They are just neocolonialist forces commanded by NATO. And our country provides more soldier to them than any other country.
China playing real life Age Of Empires
They are not taking sovereignty away from other countries or launching color revolution.
@@vla6211 Both the United States and China are infringing upon the sovereignty of other countries, that’s just the nature of world superpowers. Rome infringed on its neighbours, Imperial China infringed on its neighbours, Britain and France infringed upon the sovereignty of almost every country in the world, Japan infringed upon the sovereignty of countries in Asia, Russia infringed on the sovereignty of Eastern Europe.
@@JollyOldCanuck Wololo
@@themiddlekingdom9121 Cough cough... Vietnam and Korea... cough cough
@@JollyOldCanuck And both Vietnam and Korea are part of Ming's 不征之國, meaning "states that we should not invade". Also, they dont really have a colonial system throughout its entire history. They claimed to be the "center of the world" and barred themselves from the rest for centuries. The only thing that resemble the 'colonialism' in the west is their Tribute system, which is more like a trading agreement.
Build infrastructure or build weapon, your call
@Crypto Capital Investments Sounds like the africa in 18s and 19s.
@Crypto Capital Investments like sanctions as weapons?
@Crypto Capital Investments And that makes sanctions not weapons?
@Crypto Capital Investments So funny that you made it sound like you can sanctions anyone Just because you dont trust And it is so justified. Then i believe anyone can build whatever weapons they want to against you Because that's what you do and you call it responsibility.
Chinese are building weapons, even stocking up on many nukes
Meanwhile the bloomberg ads on instagram : We are the only non bias news media 😂
Non-biased, please, learn to speak passable English
@@jamesb118 ^writing
@@arschleckerify ^write
@@jamesb118 please learn to mind your business
@@abdiweliyusuf3929 get tough scrub
It's an alternative food routes if US & it's allies makes their sea blockade ...
You hit the nail on the head, but of course western press only see the negative side of everything.
can you elaborate? for kazak ?
I'm wondering if the speaker in this video ever been to Xinjiang? He sounds like he knows more about Xinjiang than anybody else.
He doesn't care. He just wants to rob from China for his own greed.
@@bobbywhite4602 what does that mean? Mr. Bobby White? Where do you guys get these names....
Of course they have absolutely zero idea or knowledge of China in particularly Xinjiang.
China spending $1 tillion on infrastructure, while the US is spending $1 tillion on weaponry.
Question, which $1 tillion spent is better for value?
Depends on which scope you look through... Unfortunately that $1 trillion dollars US spent on weaponry would ensure that US can print another 10 trillions and ask/force other countries to absorb their inflation and debt.
If business is booming, the former.
If WW3 breaks out, the latter.
US military technology lead to the internet, GPS, and microchip which make this communication possible and created wealth across the globe. China builds ghosts cities. Yeah, that’s a hard one.
@@RA-qf2th if you ask Americans, yes.
Most of US "aid" money ends up on the hands of the same rich families around the world, even in the poor countries. Also many of the "aid" money from the USA has been used to pay coups around the globe, many in Latin America.
12:10 Bloomberg uses its own materials as reference. 🤷♀️
When it's true and we know it's true why not
China: BUILD BUILD
Well, the system says "build" but nature says, tear it down......look at these dams breaking up......
@@linanicolia1363 which one?
@@linanicolia1363 which one lol?
Third class build hHa
@@red-zi7fg better than first class bombs
China play monopoly , us play call of duty
They are the same game
US propaganda is always demonizing Muslims and Chinese people. One is because its the fastest growing religion, the other is the fastest growing economy. People need to be rational and realize their real agenda which is to destroy any rivals. Just look what happen to Soviet Communism got demonize by US before its collapse.
China is about co thriving
@@jung.k One does it with guns and one does it with building
@@catmaxi2599 are you talking about yourself, cia troll
When Napoleon restored in France, a newspaper in Paris reported as Napoleon troops marched to Paris:
- 9th March, the Anthropophagus has quitted his den
- 10th, the Corsican Ogre has landed at Cape Juan
- 11th, the Tiger has arrived at Gap
- 12th, the Monster slept at Grenoble
- 13th, the Tyrant has passed through Lyons
- 14th, the Usurper is directing his steps towards Dijon, but the brave and loyal Burgundians have risen en masse and surrounded him on all sides
- 18th, Bonaparte is only sixty leagues from the capital; he has been fortunate enough to escape the hands of his pursuers
- 19th, Bonaparte is advancing with rapid steps, but he will never enter Paris
- 20th, Napoleon will, tomorrow, be under our ramparts
- 21st, the Emperor is at Fontainbleau
- 22nd, His Imperial and Royal Majesty, yesterday evening, arrived at the Tuileries, amidst the joyful acclamations of his devoted and faithful subjects.
SO DOES CHINA during her renaissance nowdays.
- and then on June 4th 1989 the communist party of china shot and killed 2600 students whom were protesting peacefully on Tiananmen square.
@@darekwroblewski1090 It is of course the scar of China, but now the flowers grow from the scar, and all Chinese benefit from it actually. Sometimes the human history can only tell the truth after a long long period of time, but not now.
@@darekwroblewski1090 Source: Trust me bro
@@psychout3481 I don't understand what you mean. You haven't provided any context. As in, my source is "Trust me bro". Or the other guy's source is "trust me bro".
@@psychout3481 lets all pretend nothing bad ever happens in China.
Just as big an hypocrite as America is.
The US has been spending 10+ Trillion for the Afgan and Iraq War with nothing to show for. Which one is a better investment?
Well said.👍
The entire war is a US military program to train its soldiers.....
@@UltraGamer9999999999 ....And the US soldiers still can't fight. Are they smoking something?
Afghanistan opium is profitable, training extremists to infiltrate into Xinjiang is priceless. guarding Syrian oil is profitable.
HOLD UP did anyone else notice the 8 year old with the M-16 in the crowded market @08:18
?!?
That’s probably a toy
Wtf dude is it real?
I love the sentence which had been said, build first, and they will come. My view, "Changing the ghost town to heaven town is the human's responsibility."
1:35 was Hilarious!!!! The area is so empty they had to say it 3 times. It's so empty that the punch line is "there's nothing there"....I guess I was expecting some explanation or sumn
I believe it just a typical storytelling skill , repeat a thing several times and everybody would believe it...
@@curtistang9189 for kids
Did one of those satellite images of a concentration camp have a soccer field👀🤔
IKR. They use pictures of shopping malls or apartment complexes and call those "concentration camps"
@@debaxer you are wrongheaded. The problem is real and those concentration camps do exist.
@@samprulit6569 So why is it called concentration camp? They are slaughtered, tortured, humiliated? Or the stupid media name it for slant and they those without critical thinking accept it brainlessly.
@@samprulit6569 Still no evidence, BBC take a picture of a real school, then it is said as a campus. No evidence of slughtering, torturing...BBC lies.
yeah, just random toke a picture of the community and call it concentration camps, the traditional western skill to do media
What's the problem? If you aren't doing anything there or put money in it why the criticism ?🙈
1:54 that's..... US rail right? The well cars are US style. And 10:24, for $9b you got all those fancy things, makes you wonder where did the US Trillions of stimulus money go.
Stock buybacks and bonuses for executives even though in many cases workers were still laid off. Hooray for corporatocracy.
It's to keep the huge US multinational companies from dying, which, expectedly, needs a lot of money to keep it alive without going too deep into the red, for better or worse.
Buybacks.. in the pas years companies did waste their own money doing buybacks, and experts claim that those waste of money are why they can't stay alive without the stimulus, so while the stimulus technically don't pay for current buybacks as companies scale them back, they are in practice paying for past buybacks.
Western media? Double Standart??
As if any media doesn't have double standards
US, EU kare toh chamatkar China kare toh balatkar
7:51 Reminds me a friend said a possible reason for China's rapid infrastructure expansion/construction was also to beat inflation (i.e. it'll be more expensive to build in the future than in the present). Meanwhile Singapore is more conservative & sometimes builds it's train stations only decades after the surrounding area is populated, & our Downtown Line went 70% over budget supposedly because of raw materials' inflation
True, but If there is no one to use that infra then how will the construction companies repay their Debt.
Try looking it back in 20 years. I don’t get why people are so obsessed with the output now. It’s an infrastructure plan for the next century. It’s like building any kind of infrastructures, it’s preparing for the future that has yet to come, you cant possibly make money out of it right after it’s constructed, it will only boost industries years even decades later. This plan is only a part of the “BELT & ROAD INITIATIVE” that China has proposed. Anyone who has given it a research would know that it’s the boldest and most ambitious propose that has ever been made by any countries at anytime through the entire human history
Precisely.
Well said, agree
In Xinjiang, I support what China is doing, a father figure trying to lift living standard of Uighur people. Absolutely no genocide.
Birth rate higher than national average, more Uighurs go to college, and more of them get rich while maintaining their heritage.
I love that they admit Belt and Road is the new Marshall Plan, but somehow the Marshall Plan wasn't imperialist but Chinas is (when in fact they're both plans to create world trade dominance)
Many Americans believe the Marshall plan was altruistic in nature.
@@robert3302 and what a fallacy it is to teach that in schools
But the Marshall plan was at least actually filling a need - Europe was practically bankrupt and her cities in ruins after 6 years of war and desperately needed investment to rebuild. There there is no denying the citizens of recipient nations benefited tremendously from it. Western European nations bounced back much faster and became significantly more prosperous than their Eastern European neighbours.
However the same can not be said for belt and road, many projects are of extremely questionable necessity to the recipient country. On the contrary, numerous countries are now saddled with unsustainable levels of Chinese debt for vast white elephant infrastructure that sits dormant.
Build it, create massive debt to places that can't afford to pay then take control.
Money printer go brrr
Hey at least its not an overseas military bases, and the in debted country would able to keep the infrastructures permanently
Such a cynical view of the world.
Zhengzhou a ghost town 10 years ago ? Man someone travel back in 15 years ago when I taught English there and tell me. Cuz it looked like a poppin town when I was there
Zhengzhou is a civilized city with very deep, rich culture back in the old days if you are interested as a historian. Now it is restructure to a major transportation hub. I have a friend from Zhengzhou and he is very proud of it.
Build a road if you want development
If you want sprawl
This piece funded by NED/ CIA? All I hear are CIA talking points.
这背景音乐的气氛和镜头语言，不搞点恐怖主义都不好意思了嗷
昭然若揭了嗷铁子们，表面上说一带一路，实际上暗示在新疆搞种族灭绝，美利坚又赢麻了😅
妈的关键那军服都是二三十年前的看的我无语死了。
*UTF-16 has left the server*
@@GlitchRobot 哈哈哈
@Alfred Einstein 700 thousands gone because of your goverment and people's stupidity lol , u mad?
Almost 10 years ago, the armed police and the military in China changed into digital camouflage uniforms. In the Bloomberg video I saw, the armed police still wear old-fashioned camouflage uniforms. I hope that Bloomberg will be more serious about using these news materials.
😆🤣😂
As a Chinese minority, a non-Han ethnicity, I can only honestly point out that when Western countries withdraw their hands from the Islamic world, there will be a considerable reduction in extremist religious elements. Even the funded "freedom fighters" have to Turn to parliamentary struggle instead of becoming a warlord who divides the country. Once the social stability of Arab countries and Islamic countries is restored, the soil for generating extremist ideas will no longer exist, and there will be no such strict social supervision measures in this region. The Muslim society in Southeast Asia made me realize that Islam is not the source of the problem.
It is a pity that we all know that for a long time, the West will not allow non-Western countries to get a fair right to development.
You aren’t even supposed to use RUclips, yet you find time to criticize the West. This is called whataboutism, which China learned from my country when we used to be USSR.
@Chapi Esteros Shifting blame from inexcusable Chinese concentration camps to basically what (mostly) the U.S. is doing.
@Chapi Esteros I am Russian. It is evident to the whole world of what China is doing. The Chinese concentration camps are an indisputable fact, proven with satellite images, various recordings, and thousands of statements from the Uighur minority. It’s not my fault you use VPN to access sites like RUclips, but are apparently too lazy to read the uncensored media from the rest of the world and check the actual investigations. You are shifting blame on the U.S. for actions that are unrelated to the event mentioned. This is pure Whataboutism. Moreover, the U.S. eventually does recognize its mistakes, while China does not. Mao’s murder, Tiananmen Square protest, and now the concentration camps are denied to have ever existed. Horrible actions of other countries do NOT justify Chinese actions.
@@glebsokolov9959 If the "East Turkestan Organization" had not received funding from the United States, had not sent its members to Syria, or even fought side by side with ISIS, I might be a believer in the West like you and worship the West. But unfortunate things happened. I am from Yunnan. I still remember what the extremists did at Kunming Railway Station. The Communist Party of China made my hometown develop peacefully. It was the Communist Party of China that allowed me to sit peacefully at home and argue with you idiot, instead of sitting tremblingly with an unknown refugee in a container shipped to Europe and the United States.
@@glebsokolov9959 You are an American troll pretending to be a "Russian." Most likely a Trump supporter. How did the U.S. "recognize its mistakes"? Like, "oops, we lied about WMD in Iraq"? 😂
Can you please change they way Kazakhstan written in the description, it is not correct
8:17 look at the right side of the screen. Random markets selling US weapons in Western china??? I'm thoroughly confused.
it's a fking toy bruh lol
China will have to subsidize this trade route forever.
Subsidize through investment.
Hope they lose a tons of money
In 2020, this railway transported a lot of anti-epidemic materials to Europe, and the profits along this railway are very large.
China even brought the high speed rail garbage to Malaysia!
@@mrmcgraw3706 what's with the hate?
If you want to get rich built a road and it works
more than money china need dominance on world , xi capturing poor countries in debt trap and increasing dependency of developed country's on chines good's
@@yashdhadbale9595 only 17% debit come from china, other are from west
European imperial powers colonizing World: Democracy and Civilization
China Expanding their business for mutual benefit: Colonization
Double standards.😂😀
Why is the Belt and Road so much worse when there's kids singing a song about it
Cute kids just can not be wrong? ........Right?
i from China but you really make me laugh😂
The kids are embicil.
There’s a difference between increasing connectivity and illegal immigration
Really makes you think that the USA is going down quite the wrong road!
I admire the game China plays, I think they did it better than the U.S. like a NIO EV vs a Tesla Ev.
Tesla was first, but NIO did it better.
As always negative report is always negative on Chinese build projects. Your western capitalist view is getting very upset with Chinese style of doing business which look at long term that dont see profit in short temr like you guys did to all the poor countries who once was rich.
Where is Jack ma?
Calling people "western capitalists" is a rather bit hypocritical as china became rich by turning away from communism to capitalism.
@@dit_8424 yea "western imperialist" would be a better word here
What “territory dispute“ are we talking about? Russia vs Manchu empires? Or Kazakh Khanate vs Ming/Yuan Mongolian? What “ historical textbooks” refers what? Don’t tell me it was Tang Period... just curious
Ablai Khan was vassal of both Russian and Qing Empire, I guess it is. Because anything else is trying to fit elephant into Camry type of bullshit.
Time for BORAT to make a return & throw a epic tea party with the 🇨🇳 😂😂😂
Well he returned recently ^^
Imagine Borat 3 but it takes place in China
@@redandinata4568 imagine commie police beating up on an obnoxious tard in mankini
@@obstinatejack bruised knees
They would censor him permanently they dont like comedy
North Americans talking about China's imperialism... seriously?
I am from Kazakhstan and the biggest problem in this project is an Kazakhstan corruption. It’s impossible to build this kind of project in Kazakhstan
Kazakhstan is corrupt, but huge projects have been built in Kazakhstan, by Kazakh companies before - for example the two multi billion dollar copper mines built by Kaz Minerals. To me the bigger issue with this project is the massive anti Chinese sentiment in Kazakhstan, Kazakh people do not want Chinese in their country.
China is investing in corrupt countries this will be a mistake in the long run. It will ultimately create a scenario where the only person profiting from China investments is the corrupt leaders of the country and China itself. Basically doing what England did in India and South Africa 100 years ago.
Unfortunately China, is only becoming what they think they are preaching against, an empire.
Don't forget one thing, trains can be powered easily by electricity, electricity can be renewable. Ships are powered mostly by bunker fuel, a dirty high emissions fuel. In the next years most likely Europe will impose high taxes on CO2 emissions, including shipping and air travel, that means, it's likely that trains powered by renewable power will be cheaper than ships powered by dirty bunker fuel, once you account for the emissions. This is 5 head play from China.
Except none of these new train lines have been electrified (which is an unbelievably costly and inefficient process) and so they can’t operate electric powered trains….
How do China finance this? Do they print money like the USA?
The IIF estimates that China’s total debt hit 317 per cent of gross domestic product (GDP) in the first quarter of 2020.
Of course they print money, where do you think Chinese Yuan's come from? They also have over $2T in debt to finance massive infrastructure projects such as this.
MMT made it that a country has to keep printing money but the key is will these money truly boost the REAL economy like infrastructure and manufacturing but not idle in the stock market.
And debts, China’s debt ratio is scary at first, but it is the sum of residents, companies, local governments and national debt. While Western media only talking about national debt of their country.
China exports alot. on top of that, money hardly leaves china once it enters
I get the feeling that Dept makes little difference to China. It is fully self sufficient with the world's largest population and export market. I believe in theory because they are so depended upon for manufacturing the markets will never really trunk on them (in regards to raw materials). China has such a monopoly, if major importing nations were to embargo china (say for moral reasons for human rights abuse), the system would backfire - we would see a huge increase in global steel prices amongst other refined materials as a result and thus increasing china's potential wealth. And even if no one traded with China and markets crashed etc, the Chinese people probably wouldn't feel much. On the contrary, I think we would see the social credit system taken full advantage off with an internal currency created. They won't cease being a superpower, rich in natural resources and manufacturing - they'll happily keep functioning and growing all by themselves...
Here, ill help you with the title: "China builds some train tracks" ....
no need for your stupid suspenseful music throughout the video...
done. from indonesia was export cooking oil . port discharge at qingdao, china intransit to almaty, khazaktan by Train.
silk road
8:19 a child casually playing with an M16
'nothing there except barren steppe', really, or is it pristine wilderness not yet destroyed by humans? whats the perspective here?
BRI 98 % increased traffic with 960000 TEU crossing borders in 2020. The agreements signed with EU and RCEP,BRI traffic may increase 50 % near future.
Khorgos handled 34.4 million tons of cross border cargo in 2020, compared to Port of Shanghai's ~600 million in 2019, for a ratio of 1:19, not 1:260 as this video says
"provide the supply a head of demand and hope demand would catch up....." this a source of world problems right now, from climate change, economic crisis, to the world Pandemic. 🙈
Ronald Reagan slogan: Supply side economics - expand more to mega deal.
Western propaganda outlet right here.
But Bloomberg has ties to China and softly relays its influence in the West...
@@qrsx66 they tell part of the truth, and leave some lies in there. For example the so called repression on the minorities in Xinjiang. That subtle propaganda is even more disgusting than plain lies.
@@Jsttobe "so called repression," makes you a wumao propagandist too.
@김대중 You are brainwashed. Do your own research.
@@Jsttobe As someone who spends a lot of time in Kazakhstan, I can tell you that everyone in Kazakhstan knows what goes on across the border. Plenty of stories reach across the border from Kazakhs in internment camps in China. You are the one that is spreading propaganda.
Just tasted the sourest of grapes
My condolences
So much mis-information in this video , not worth the time, life is short, get some dose of reality
Anything new always has a rough start. Let's see how it progresses.
China playing Simcity with unlimited funds.
China uses standard gauge for railroad, USSR/Former republics don't.
Al prognositications about China for the last many decades have failed
It is sometimes useful when they protrait China as an evil country that committed genocides. But showing ppls that China built things really is going opposite lol.
CSIS is a taiwan-funded think tank.
their report is "interesting"
They are STILL promoting debt trap diplomacy in this vid, despite the theory was already debunked by american unis like Princeton.
So this is what Chinese trolls look like ;)
@@Szpareq Taiwan stroll spotted
CGTN is a China funded media company. Their news are "information".
@@itsover9008
CGTN is state owned media like DW or BBC.
CGTN never cover up its funding origin.
The story of Uyghur oppression in Xinjiang is a steaming pile of bull. Every year, millions of foreign tourists visit Xinjiang and they can clearly see that the Uyghurs are happy, that Uyghur culture is totally intact, that mosques full of worshippers are practically around every corner. Why is Bloomberg continuing to perpetuate this nonsense???
because it's western media
Western media as it's finest, they want to kill china before it grows too big for them and misinformation is the name of the game. I'd encourage anyone to visit those places and talk to the people instead of soaking in whatever the liars said.
exactly, they keep on bringing up the stupid 'Uighur camps' nonsense. Like, I have actual Uighur friends, and this crap makes me just feel so angry that they are spreading nonsense about Uighurs who live happy lives.
@@altumurnemtzra2026 Seeing with your own eyes is infinitely better than reading Western media bullshit.
We don’t want your CCP propaganda here on RUclips
Wo xihuan ROAD & BELT feichang hao!! (Duibuqi, wode Pinyin, bu hao...)
I type it for you: 我喜欢一带一路非常好
But I can read and understand your sentence.
@@mailysl Xie-xie Nin!! (Nin shi ZHONGGUO REN ma? ..!!)
Xiexie ni dui Zhongguo de zhichi 谢谢你对中国的支持。 Thank you for supporting China.
@@leonardbrikus9906 Oh!! Hen yisi!! Xie-xie Nin!!
Why so much misunderstanding about Xinjiang？The video clip around 1min, showing Chinese military, is far too old..maybe 1980s~
But the concentration camps are very 2021!
When your neighbor is rich, you are still a poor man, so you are very angry to slander him with all kinds of lies, only by doing this can you balance, and you are still a poor man
China does that becoz they have too much foreign reserves, and they produce too many thus seeking for greater export markets, the drive of OBOR was from the inside out, not becoz they wanna push their influence global
China does this for multiple reasons, one of which you described.
Nope, it's because chinese capitalism (like all capitalism) is dependant on continuous growth. There are plenty of "growth cities" in China that are all ghost towns - their infrastructure development at home is already winding down and to keep the state companies afloat they need to fund these projects in different countries. A little bit of decline caused huge problems financially, in so much as they manipulated their own currency to show investors growth.
Concentration camps, not internment camps.
No,it's vocational skills education school.These superstitious Turks must receive compulsory education.
@@yaozhao8318 Right.. By torturing them with electroshocks, beating them, putting them under the influence of drugs and sterilizing them so they cannot have children anymore. Maybe you should be put under such conditions these people have to face before you support such a thing.
@@jaouad_h Are interviews of survivors and a litteral statement from the chinese ambassy enough?
@@yaozhao8318 ok you know not many believe what the chinese say sorry to say that yao 别人不相信中国政府和他们的宣传
@@chaospilot2142 there’s vertuLly no evidence except some random Muslims saying so
I was in Xinjiang recently. I saw no police blockade nor military outposts along the belt and road corridor. People live normal lives and children are playing in the streets. People can go anywhere in Xinjiang as pleased. I would encourage people to visit Xinjiang, especially along the OBOR corridor to see for themselves.
Along as your not an uyghur
Everything in this video is the very essence of geopolitics.
Nice video.
Xinjiang and Kazakhstan will boom.
Investments will pour into this region.
Tourism and agriculture will grow.
One million Uyghurs in detention camps is impossible and nonsense.
when is this video made? In recent months the train transportation to EU from China is booming and many people making lots of money.
Designed as propaganda to create western anxiety. Obor simply can't be allowed to succeed by western imperialists.
But it really brought modern development to the local area. What are you doing when China is building?
Of course complaining that China is building!
China build debt traps. Sri Lanka,Pakistan, African countries all are leasing or selling their land to China. Sure it is building, but once they complete building debt traps, the countries don't benefit from their buulding.
Belt and road initiative (Cpec) In pakistan has created lot of jobs,a lot of business opportunities, and due to infrastructure programs private investment is coming and cpec special economic zones have attracted about around $4 to 5 billion dollars investment even they are still in development phase, and totally due to all the cpec projects other than cpec investment more than $20 billion dollars projects are under the process in different levels
The integration of Eurasian infrastructure is greatly needed and could greatly benefit of the entire supercontinent.
The EU should develop its own plan.
Is this an ADVERTISEMENT for Belt And Road Initiative 🤔😐
Obviously 😂
I hope there's better financing plan from others with lower interest rate.
Yes? Most of the documentaries about BRI or in general China on RUclips, is propaganda.
What had happened in the past, is the past. O.k. Now the Kazakhstan government and the China government are together to benefit all the people in that region. Henceforth look forward positively for all humanity in the region. I.e. people to people connecting that matters most? Rrrra.
If we reference history, they will come.
We have to stop buying from china.
@@zekimelihmuti5501 lol if you want to pay more, than ok
@@zekimelihmuti5501 We should move more stuff to Vietnam.
@@junhaoshao846yes I want money isn’t only thing in human life.
Try to be patriot don’t you see what China is doing in Hong Kong Taiwan Tibet Uyghus Coronavirus
@@zekimelihmuti5501 Your propaganda seems to be a bit one sided? Discussion seems intended to exchange ideas? Are you preaching or attempting to learn from other Humans?
How can you build road rails houses and it will stay unused for long eventually it will be used
Because IT WILL BE used!!