A map of projects subsumed under One Belt, One Road program by China as of March 2017. Reuters
The Hill: Navy, Marine Corps leaders warn that China is 'weaponizing capital'
Top Navy and Marine Corps officials on Wednesday expressed concern over China’s expanding global reach and said the superpower was rapidly buying up foreign land to “win without fighting.”
“When it comes to China, the bottom line there is the checkbook,” Navy Secretary Richard V. Spencer told lawmakers during a House Appropriations defense subcommittee hearing.
“Not only in the dollars and cents that they are writing to support their military expansion and their technological work, but what they’re doing around the globe ... weaponizing capital.”
Spencer referred to Beijing’s current funding of a Sri Lankan port project, a move not done as aid but rather in order to secure it for themselves.
Read more ....
Update #1: Top Navy and Marine Corps officials pan China’s expansion plans (Navy Times)
Update #2: China is 'weaponizing capital' — and it's keeping the head of the US Navy awake at night (Business Insider)
WNU Editor: It is always about the money, and history has proven more than once that the nations who have it are also the nations that will dominate.
