Daily Times
July 11, 2021
Last month, leaders at the NATO summit declared China as a constant security threat that could undermine world order a matter of serious concern.
“We recognise that China’s growing influence and international policies present both opportunities and challenges that we need to address together as an Alliance,” read NATO’s declaration. Similarly, G7 announced the Build Back Better World (B3W) initiative days before the NATO summit that would provide $40 trillion to the developing states by 2035, which flashback the Marshall Plan in our minds at the start of the Cold War in the late 1940s.
Washington and its western allies are quite concerned about China’s rapid military and economic growth, especially their expansion through economic initiatives in different parts of the world. The western concern is deepening since the launch of the Belt and Road initiative by Xi Jinping in 2013. By BRI, China has signed various rail, road, ports, and other infra
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