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China’s One Belt One Road Could Make Or Break This Poor European Country (HBO)

China’s One Belt One Road initiative could be the most ambitious infrastructure plan in history. With more than $900 billion committed across four continents, it’s already the biggest sovereign infrastructure project ever conducted.

But it’s also a leap of faith towards a goal of reshaping global trade by reconnecting places along the historic Silk Road trade route with new ports, highways and railroads.

While most of the projects are concentrated in Asia, China has also extended the initiative beyond its natural sphere of influence. Since 2012, it has made $15 billion worth of infrastructure commitments across central and eastern Europe. For a country like Montenegro, one of Europe’s smallest and poorest, China’s business represents a massive opportunity — and a massive risk.

When the Chinese government guaranteed a loan to Montenegro to finance the construction of one 25 mile stretch of its first-ever highway, one condition was that a Chinese state contractor would do 70 percent of the work.

But the World Bank believes that the Chinese loan — which Montenegro will pay back between 2020 and 2040 — is a threat to Montenegro’s long-term financial stability. VICE News Tonight traveled to the highway to find out where exactly it’s leading.

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37 thoughts on “China’s One Belt One Road Could Make Or Break This Poor European Country (HBO)

  1. So China should follow the West and US, impose sanction and threaten military invasion like they did to China for the Opium war 100 years ago. Go back to read your history

  2. China building railways, roads, infrastructure in other countries: INVASION!!
    USA invading, arming and training terrorists, bombing, killing people in sovereign countries: FREEDOM!!
    Gotta love mainstream media.

  3. No worry about the payback of debt, just taking as a gift. If you learn the history in Africa, all these countries who could not pay the debt did not need to pay in the end, because the Chinese government just canceled it, lol.

  4. Well done you people are blind. China use a strategy to get control of these country. But don't talk about China influence they have strictly 0 softpower. The only thing they have is money, but it's still loans. China is gonna implode. The next bubble is running, enjoy

  5. How they are gonna repay a loan that's half of their gdp with 2 percentage interest.,seems china loaning lavish gifts to countries which they can't afford,and why 70prcnt contract given to Chinese,seems Chinese making profit wid both hands

  6. This highway is a connection between the coast and Belgrade (Serbia). China is primarily interested in Serbia.
    It might work if the Serbian companies and tourists start using it a lot and I'm sure they will. But what if the tolls are too expensive on this fancy highway?
    Serbians are not rich, they might as well use the old railway to go to the sea.

    And of course it might work if China keeps their promise of using it, and not focusing on other routes. As I said, China is interested in Serbia, Montenegro is just one of the means to get to Serbia.

    Serbia is building a highway from Belgrade to the Montenegro border, it is expected to be finished in the next 2-3 years.
    https://www.blic.rs/biznis/do-decembra-104-kilometra-dokle-smo-stigli-s-izgradnjom-koridora-11/megxd9y
    But Serbia is also connecting with Macedonia and Sofia. China is promising everyone everything and it's hilarious.

    Montenegro has to become very close with Serbia if they want this to work. But anyway, they are gambling with all they have.

  7. China still hasn't developped to its fullest but it's already helping others because they know the principle "In order to rise above others, you first need to make them bigger. What you do for others will have an echo on yourself". They are aware…they are VERY aware of what should be done.

  8. Bang gleefully on a wonderful (Trump style) project simply because it is about building something instead of tearing down and bombing things down to rubble. Now, that is a worthy enterprise from a country of which the infrastructures are crumbling, squanders trillions on a defense budget when no other country wants to attack it and is unable (and unwilling) to provide decent medical coverage to its people! (Contrary to e.g. North Korea where everybody enjoys universal state coverage.)

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