China’s Economic Coercion Increasing in the Developing World
In recent years, China's economic coercion tactics have become increasingly prevalent in the developing world. The country has been accused of using its economic power to coerce smaller nations into accepting its political agenda.
According to a report by the International Crisis Group (ICG), China has been using its economic might to exert pressure on developing countries to tow its line. This is evidenced by the way China has been pushing for its Belt and Road Initiative (BRI) project, which is a massive infrastructure development plan aimed at connecting China with the rest of Asia and Europe.
The report highlights that the BRI has become a tool for China to exercise its economic influence over developing nations, with Beijing offering loans and investment in return for political...