Study: Impact of China's port development projects on the maritime environment
As reported by "The Maritime Executive" at the beginning of December, a study by various US universities shows the dangerous effects for socio-ecological marine systems of the port development projects being aggressively pursued by China, particularly in the Caribbean and around Africa. It is well known that China lures many developing countries into long-term debt through port, power plant and road investments in order to be able to exert intensive influence by acquiring ownership and utilisation rights. A good 20 per cent of all Chinese financing initiatives for development projects abroad - a volume of almost USD 65 billion - come from the China Development Bank and the Export-Import Bank...
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