Attitude of neighboring nations changes towards China due to expansionist policy: report
The attitude of neighboring countries towards China has changed due to Beijing’s “expansionist” policy, according to the ANI. Pakistan, which is one of its neighboring countries, has friendly ties with China, however, local people in the country have raised their voices against Beijing. Chinese working in Pakistan have also reportedly faced resentment from the local population.
The China-Pakistan Economic Corridor (CPEC) has reportedly been criticized as a form of colonization. Beijing has refuted the Pakistan Navy’s security concerns over prioritizing the rapid completion of CPEC projects in Gwadar. The National Unity Government (NUG) has warned the Chinese government that its involvement with Myanmar’s junta military could impact its international reputation.
NUG government issues statement after Wang Yi-Wunna Maung Lwin meeting
The NUG government had issued the statement days after Chinese Foreign Minister Wang Yi met Wunna Maung Lwin, the junta’s foreign minister in China on April 1, 2022. The National Unity Government (NUG) of Myanmar had condemned Wunna Maung Lwin’s use of the title “foreign minister”, according to ANI. The NUG sought good ties with China, however, this had to be based on recognition of the NUG as a legitimate government. The NUG noted that such invitations to Wunna Maung Lwin or other agents of the “illegitimate military council” will be treated as “deeply disrespectful and offensive”.
Sir Lanka’s debt
Sri Lanka is facing an acute economic crisis associated with shortages of food, fuel and other essential services. It is reported that the island nation’s economic instability has been caused by China’s debt. Defaults on Chinese infrastructure-related loans to Sri Lanka have been cited as one of the causes contributing to the economic crisis in Sri Lanka. The Chinese Exim Bank financed the construction of Hambantota Port. However, the port was facing losses and the Sri Lankan authorities leased it for 99 years to the Chinese Merchant Group, which paid $1.12 billion (₹86,78,48,80,000). Even though Sri Lanka has faced the worst economic crisis, China has offered no concessions in debt repayment.
Chinese-made aircraft in Nepal
Meanwhile, Nepal has grounded six Chinese-made planes, stressing that these planes are becoming unaffordable for them. Even though the airlines have stopped using planes made in China, they still have to repay the loan of these planes to China. Similarly, the Bangladeshi military had imported two Type 035G submarines from the 1970s and Type 053H frigates from China, according to the report. Beijing had even given two Type-035G Ming-class submarines from the 1970s as gifts to Bangladesh. However, not all of them were functional due to technical issues.