Is China’s Belt and Road a lifeline or a noose? As China seeks to advance both commercial/economic and geostrategic interests, across the world, it has appealed to leaders in many developing countries who, even if they are of unimpeachable integrity, may think the Chinese offer a better deal with fewer strings than they could get from Western institutions like the World Bank. But as an article in today’s New York Times illustrates, they should think again.
Republican lawmakers have recently attacked some of the country’s largest banks, which have sought to limit their exposure to the manufacture and sale of guns. Strangely, these same lawmakers have vociferously defended corporations’ right to free speech, especially in the form of unlimited political contributions, and to ban provision of contraceptives under employee medical insurance plans, based on their belief, backed up by two Supreme Court Decisions, that the law should treat corporations as people.
A recent article about reasons to invest in Africa substitutes breathless generalities for sound analysis.