The initial plan of the BRI was to comprise 52 countries and to cost China approximately $5 Trillion. As of September 2020, 138 nations have signed Memorandum’s of Understanding (MoUs) with the BRI. (Green BRI) The majority of the BRI’s partner nations are those left behind by Capitalism’s ‘trickle-down’ system, including much of the Global South. (Green BRI).
As such, it is unsurprising that the Capitalist Hegemon would oppose this scheme, for it intends to unite the ‘third-world’ in solidarity, and enrich the lives of the poor. According to Michèle Flournoy, the ex-Undersecretary of Defence for the Obama administration is responsible for the widespread prevalence of the term ‘Debt Trap Diplomacy’; A term that has become synonymous with the Belt and Road initiative in the ‘free western press’. The actual origin of the terminology is a right-wing Indian Think tank called the “Centre for Policy Research” located in New Delhi. (Brautigam, D., 2019).
While working for the Obama administration, Ms. Fluornoy was partly responsible for pushing President Obama into his brutal imperialist assault of Libya. (Inside Obama’s War Room, Rolling Stone, 2011). Obama’s military intervention saw the fall of Muammar Gaddafi, the return of open-air slave markets, and the pillaging of Libya’s sovereign mineral wealth; but in 2013, Fluornoy defended the assault under ‘humanitarian concerns.’ (Marcetic, B., 2019).