[Truth | Morning] "debt trap"?The United States dug!

Author:Overseas network Time:2022.07.05

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U.S. President Biden recently announced the launch of the "Global Infrastructure and Investment Partnership" at the Seventh -way Group (G7) Summit, claiming that the United States will raise $ 600 billion for infrastructure investment in developing countries by 2027. If the United States is really interested in developing global infrastructure is a good thing, but the painting of this "big cake" is full of geopolitical and private calculations.

From the perspective of many foreign media, G7, the global infrastructure initiative, sticked the "Belt and Road" "Belt and Road" and "against China" on the head. In order to build momentum for this new initiative and slander the "Belt and Road", the United States and Western countries have speculated that the "Belt and Road" to create a "debt trap" is cliché.

In the past nine years, a large number of facts have already fully stated that the "Belt and Road" is not a "debt trap", but "benefiting people's pies". According to the World Bank's calculation, if the traffic infrastructure projects under the "Belt and Road" framework are implemented, by 2030, it is expected to generate $ 1.6 trillion in revenue worldwide every year, accounting for 1.3%of the global GDP, of which 90%will be by partners' kingdoms. Share, low -income and low -income countries benefit more. From 2015 to 2030, 7.6 million people will get rid of extreme poverty and 32 million people get rid of moderate poverty.

The real manufacturer of the "debt trap" is exactly the United States and Western countries.

According to the World Bank International Debt Statistics in 2022, in the current overall foreign debt in Africa, multilateral financial institutions 'debt accounts for 28.8%, and commercial creditors' debts mainly based on Western financial institutions account for 41.8%. It is African debt.

The United States' expansion monetary policy, lack of regulatory financial innovation, and malicious short -term actions have exacerbated the debt burden of developing countries, and it is even more difficult to blame related countries to fall into the "debt trap". Recently, in order to suppress inflation, the Fed has approved the largest interest rate hike since 1994. The British "Guardian" reported that with the continuous interest rate hikes of the Fed and the strengthening of the US dollar, the repayment amount of developing countries with a large number of US dollars borrowings will be increased, and these countries may be hit hard.

Digging such a "big pit" in developing countries, what faces have faces accusing other countries of making "debt traps"? Intersection

Text/He Reministed

Photo/Heimanping

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