China And Its Expanding Deals And Alliances

China And Its Expanding Deals And Alliances

China has been busy. While the United States government focused on something called America First, Beijing converted its one-time regional set of deals called the Silk Road Initiative into a global foreign policy strategy of deals and alliances now called the Belt & Road Initiative. Beijing has signed alliances and deals under this strategy across Asia, the Middle East, Africa, Latin America, Europe and Russia as well as other countries in the Shanghai Cooperation Organization. These kinds of accords are moving China to the center of global trade and to the core of international relations. Democratic capitalist countries are falling farther behind in international relations and might be losing clout to this autocratic-capitalist country.

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