from vital shipping lanes, grants China significant influence over one of the world’s busiest maritime corridors. For Sri Lanka, the arrangement has sparked domestic debates over sovereignty and economic mismanagement, while for the region, it has raised alarms about the precedent it sets for Chinese control over critical infrastructure. The port’s potential use for military purposes emphasises its strategic importance to Beijing. Pakistan: The $60 billion China-Pakistan Economic Corridor (CPEC), a flagship BRI project, exemplifies the pitfalls of unchecked borrowing. Beset by financial irregularities and security concerns, CPEC has left Pakistan grappling with mounting debt and an economy on the brink of collapse. Despite promises of economic revival, the corridor has exacerbated Pakistan’s financial instability.
Maldives: Chinese investments in the Maldives, including major infrastructure projects, have plunged the island nation into significant debt. A recent financial cooperation agreement between the Maldives and China aims to mitigate its economic distress but raises questions สล็อต