LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » World News

China trying to create its own globally decisive naval force through BRI: Pentagon By Lalit K Jha

"China's Belt and Road Initiative in particular is blending diplomatic, economic, military, and social elements of its national power in an attempt to create its own globally decisive naval force," John Richardson, Chief of Naval Operations, told members of House Armed Services Committee during a Congressional hearing on Thursday.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
China trying to create its own globally decisive naval force through BRI: Pentagon By Lalit K Jha
China is trying to create its own globally decisive naval force through the ambitious multi-billion dollar Belt and Road Initiative, Photo: Reuters
Written By: PTI
Updated: Fri, Apr 12, 2019
08:45 am
Washington, PTI
RELATED NEWS
Trump administration to study ways to protect for US investors from Chinese firms Trump administration to study ways to protect for US investors from Chinese firms
Donald Trump 'torn' over US-China trade deal as officials push to fulfill its terms Donald Trump 'torn' over US-China trade deal as officials push to fulfill its terms
Donald Trump signs US-China trade deal with a mixture of fanfare, grievance Donald Trump signs US-China trade deal with a mixture of fanfare, grievance
China to ramp up US buys under trade deal, but skeptics question targets China to ramp up US buys under trade deal, but skeptics question targets
US-China Trade Talks: President Donald Trump says trade deal with China to be signed 'very shortly' US-China Trade Talks: President Donald Trump says trade deal with China to be signed 'very shortly'

China is trying to create its own globally decisive naval force through the ambitious multi-billion dollar Belt and Road Initiative, the Pentagon has told the US Congress, warning that Beijing's "unfavourable deals" strangle a nation's sovereignty like an Anaconda enwrapping its next meal. Touted as President Xi Jinping's pet project, China is vigorously pursuing the Belt and Road initiative (BRI), offering billions of dollars of loans for infrastructure projects to different countries as it looks to expand global influence.

"China's Belt and Road Initiative in particular is blending diplomatic, economic, military, and social elements of its national power in an attempt to create its own globally decisive naval force," John Richardson, Chief of Naval Operations, told members of House Armed Services Committee during a Congressional hearing on Thursday.

"China's modus operandi preys off nations' financial vulnerabilities. They contract to build commercial ports, promise to upgrade domestic facilities, and invest in national infrastructure projects," he said.

The BRI focuses on improving connectivity and cooperation among Asian countries, Africa, China and Europe.

The project has become a major stumbling block in India-China relations as the controversial USD 60 billion China Pakistan Economic Corridor (CPEC) has been listed as its "flagship project".

India has objected to the CPEC as it is being laid through the Pakistan-occupied Kashmir (PoK) and boycotted a high-profile Belt and Road Forum organised by China last year.

"Slowly, as the belt tightens, these commercial ports transition to dual uses, doubling as military bases that dot strategic waterways. Then, the belt is cinched as China leverages debt to gain control and access," Richardson said.

Watch Zee Business Video here:

"In the final analysis, these unfavourable deals strangle a nation's sovereignty -like an Anaconda enwrapping its next meal. Scenes like this are expanding westward from China through Sri Lanka, Pakistan, Djibouti and now to our NATO treaty allies, Greece and Italy," he told members of the House Armed Services Committee.

In his testimony, the top naval official said despite the United States' persistent work over two centuries to keep the seas open to every nation and every mariner, there are those who seek to upend this free and open order and stem the tide that has steadily lifted all boats.

"As discussed in the 2018 National Defense Strategy (NDS), China and Russia are deploying all elements of their national power to achieve their global ambitions," he said.

China and Russia seek to accumulate power at America's expense and may imperil the diplomatic, economic, and military bonds that link the United States to its allies and partners, Richardson added.

"These actions are not only directed at the United States: China and Russia are working to redefine the norms of the entire international system on terms more favourable to themselves," he said.

China and Russia are determined to replace the current free and open world order with an insular system, Richardson asserted.

"They are attempting to impose unilateral rules, re-draw territorial boundaries, and redefine exclusive economic zones so they can regulate who comes and who goes, who sails through and who sails around.

"These countries' actions are undermining international security. This behaviour breeds distrust and harms our most vital national interests," he told the lawmakers. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Xi Jinping
RELATED NEWS
Trump administration to study ways to protect for US investors from Chinese firms Trump administration to study ways to protect for US investors from Chinese firms
Donald Trump 'torn' over US-China trade deal as officials push to fulfill its terms Donald Trump 'torn' over US-China trade deal as officials push to fulfill its terms
Donald Trump signs US-China trade deal with a mixture of fanfare, grievance Donald Trump signs US-China trade deal with a mixture of fanfare, grievance
China to ramp up US buys under trade deal, but skeptics question targets China to ramp up US buys under trade deal, but skeptics question targets
US-China Trade Talks: President Donald Trump says trade deal with China to be signed 'very shortly' US-China Trade Talks: President Donald Trump says trade deal with China to be signed 'very shortly'

LATEST NEWS

Covid 19 2nd phase vaccination drive from March 1: EXPLAINED! Who are eligible, required photo identity, advance self-registration—All you need to Know

Sovereign Gold Bond Scheme 2021: Issue Price fixed at Rs 4,662/gm

Maharashtra board exams for Classes 12, 10 to begin on April 23, 29

West Bengal, Tamil Nadu, Kerala, Assam, Puducherry elections: Not just Voter ID, you can use any of these 11 ID proofs to cast vote

World's BIGGEST Music Reality Show! Zee brings Indian Pro Music League today with Salman Khan as brand ambassador

PUBG Mobile 1.3 beta update: APK download link for global version - Check all details here!

Google fires 150 game developers hired for Stadia: Report

Take ''fantastic'' AstraZeneca vaccine, top officials tell Germans

RBSE exam 2021: Rajasthan Board Class 10, 12 date sheets released on rajeduboard.rajasthan.gov.in | Here is how to download

CBSE exam 2021: Class 10, 12 students should know THESE 10 points before appearing for board exams

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved