Skip to main content

China must consider environment effect, economic fragility for BRI projects: Study



China's President Xi Jinping raises his glass and proposes a toast at the end of his speech during the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People in Beijing
China's President Xi Jinping raises his glass and proposes a toast at the end of his speech during the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People in Beijing

Highlighting environmental concerns, a new study in China argues that the majority of Belt and Road Initiative (BRI) investment should go to countries in southern and southeast Asia due to fewer risks that threaten economic development.

Professor Fang Chuanglin, a senior adviser to the Chinese government with a multidisciplinary research institute in Beijing asserted that some countries like Iran and Afghanistan were poor and in desperate need of economic development, however, their fragile environment could collapse in rapid growth, The Star reported.



According to the study led by Prof Fang, there were also many underdeveloped countries along the sea route through the South China Sea and the Indian Ocean, however, their environmental footprints remained much smaller.

This study comes at a time when China has sought to step up cooperation with Central Asian countries on security issues amid fears of a resurgence of terrorism in Afghanistan and subsequent threat to its BRI infrastructure projects in the region.


The project has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to banks being over-extended and loans not being repaid on time.

Of late, Beijing has been criticised for financing economically unviable projects, leaving the home countries with heavy debt. According to Fang, to China, a bigger concern should be the environmental issue.

Fang and colleagues in a paper published in the journal Science Bulletin this month said infrastructure projects such as power plants, railways and factories would leave a large footprint on the local environment.


"Water shortages, urban expansion, agricultural waste and carbon emissions have already become serious problems in some countries," the study said, adding that an environmental crisis could lead to social upheaval that puts infrastructure and investment at risk.


According to the researchers, several countries had an "environmental deficit" that decision-makers in Beijing must factor in when considering an investment.

Fang and colleagues calculated the environmental deficit of 65 countries and labelled 21 countries, mostly on the overland belt, as "risk prevention zones" where "ecological and environmental risks need to be strictly guarded against" because their environmental deficit was extremely high.


Besides the environmental deficit, the BRI not only grants unfair advantages to Chinese companies, but the infrastructure projects Beijing exports are fueled by hydrocarbons, which acts as a detrimental factor in tackling climate change, Asia Times reported.

The project, touted by President Xi Jinping as the 'project of the century', forces several countries to adopt China's aggressive and environmentally insensitive approach to state-building.

A lingering question thus remains on whether public criticism and attention on how the BRI is financed will curtail China's questionable practices and usher in a new approach to debt sustainability

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

RWR Advisory: Belt and Road at a Glance

This edition covers developments from March 12 - March 26..  Belt and Road at a Glance   Subscribe to the Belt and Road Monitor Top Developments China National Machinery Industry Corporation, commonly known as Sinomach, has agreed to  build  a $845 million, 255-mile railway across  Iran , building upon a sustained period of growth for Chinese investment in Iran that accelerated after Xi Jinping’s state visit to the country in January 2016. The railway will link the cities of Tehran, Hamedan and Sanandaj. China Civil Engineering Construction, a subsidiary of CRCC, is currently also  building  a 263-km railway line from Kermanshah to Khosravi. According to Chinese entrepreneur Lin Zuoru, who  owns  factories in Iran, “Iran is at the center of everything.”On March 23, China’s Ministry of Commerce announced that foreign direct investment by Chinese companies in 50 Belt and Road countries fell by 30.9% year-on-year. While the Ministry stated that this number covers investment across al

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.