The Chinese Vortex
The Belt and Road Initiative and Its Impact on the World
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Narrated by:
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Raymond S. Gray
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By:
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Daniel Wagner
About this listen
China's Belt and Road Initiative (BRI) is the most ambitious infrastructure project ever undertaken, and will ultimately result in more than one trillion dollars of investment by the time it is finished. The initiative is breathtaking in its scope and scale, with scores of countries participating and dozens of massive dams, railways, roads, and power projects transforming the landscape throughout the developing world.
Only China is capable of undertaking such a bold Initiative. Beijing might have chosen to make unadulterated development as its core objective, issuing billions of dollars in grants to host governments to fund the projects and lending its substantial engineering and construction expertise to nations that desperately need to develop their infrastructure, seeking nothing in return. Instead, Beijing chose to lend the governments of these nations money it knew could not be repaid and use the BRI not only to project its soft and hard power and seek greater influence throughout the world, but to blatantly pursue the acquisition of natural resources.
In the process, many BRI host nations have become indebted to Beijing, owing it tens of billions of dollars and falling into a debt trap. Beijing required that these governments agree to either cede control or outright ownership of these projects to the Chinese government or its companies, when they inevitably defaulted. Some projects never stood a chance of operating profitably. Doing so has made these countries beholden to Beijing in a variety of ways.
This book is an exploration of the profound impacts the BRI has had on nations around the world - both developing and developed - as well as on the Chinese government and its participating companies. Beijing failed to foresee the potential impacts of its approach on host nations - or, perhaps, it did not care. Now, there have been substantial negative reverberations, prompting Beijing to rethink it approach. Will Beijing approach the BRI differently in the future? Is it even capable of doing so?
These are among the many questions addressed in this, Daniel Wagner’s third book on China. His first book on China, China Vision, delved into how Beijing is seeking create an alternative world order in China’s image. His second China book, The America-China Divide, analyzes the scope and scale of the fissure between the two countries, going well beyond the economic and political realms.
In The Chinese Vortex, he takes a deep dive into the shockwaves that have been felt around the world as a result of the BRI, providing numerous examples that chronicle how damaging many of these projects have been to countries in Africa, Asia, and Latin America.
Daniel explores many of the economic, geopolitical, and environmental impacts, but also a host of additional topics that help the listener better understand what is really at stake. Among the many topics explored are how Beijing’s pursuit of a national digital currency may affect BRI nations and the world, why the BRI is losing its appeal, and what Beijing - and the world’s nations - must do to try to mitigate its negative impacts. It is an informative and eye-opening exposé that sheds light on Beijing’s brazen pursuit of influence, natural resources, and power through the BRI.
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Overall
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Eminent China scholar Elizabeth C. Economy provides an incisive look at the transformative changes underway in China today. Chinese leader Xi Jinping has unleashed a powerful set of political and economic reforms: the centralization of power under Xi himself; the expansion of the Communist Party's role in Chinese political, social, and economic life; and the construction of a virtual wall of regulations to control more closely the exchange of ideas and capital between China and the outside world.
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A decent synopsis of Xi Jinping and his polices
- By Yoda on 04-29-19
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Windfall
- How the New Energy Abundance Upends Global Politics and Strengthens America's Power
- By: Meghan L. O'Sullivan
- Narrated by: Eliza Foss
- Length: 13 hrs and 34 mins
- Unabridged
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As a new administration focuses on raising American energy production, O'Sullivan's Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices. It changed the structure of markets and altered the way many countries wield power and influence.
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A super-sized editorial
- By Easycfp on 10-05-18
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The World
- A Brief Introduction
- By: Richard Haass
- Narrated by: Dan Woren
- Length: 10 hrs and 24 mins
- Unabridged
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The World is designed to provide listeners of any age and experience with the essential background and building blocks they need to make sense of this complicated and interconnected world. It will empower them to manage the flood of daily news. Listeners will become more informed, discerning citizens, better able to arrive at sound, independent judgments. While it is impossible to predict what the next crisis will be or where it will originate, those who listen to The World will have what they need to understand its basics and the principal choices for how to respond.
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Excellent Primer for young adults
- By Howells on 05-24-20
By: Richard Haass
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The End of Power
- From Boardrooms to Battlefields and Churches to States, Why Being In Charge Isn't What It Used to Be
- By: Moises Naim
- Narrated by: Matt Kugler
- Length: 12 hrs and 59 mins
- Unabridged
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In The End of Power, award-winning columnist and former Foreign Policy editor Moisés Naím illuminates the struggle between once-dominant megaplayers and the new micropowers challenging them in every field of human endeavor. Drawing on provocative, original research and a lifetime of experience in global affairs, Naím explains how the end of power is reconfiguring our world.
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Another Power book
- By Anonymous User on 04-12-24
By: Moises Naim
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The Future Is Asian
- Commerce, Conflict and Culture in the 21st Century
- By: Parag Khanna
- Narrated by: Nezar Alderazi
- Length: 14 hrs and 21 mins
- Unabridged
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In the 19th century, the world was Europeanized. In the 20th century, it was Americanized. Now, in the 21st century, the world is being Asianized. The “Asian Century” is even bigger than you think. Far greater than just China, the new Asian system taking shape is a multicivilizational order spanning Saudi Arabia to Japan, Russia to Australia, Turkey to Indonesia - linking five billion people through trade, finance, infrastructure, and diplomatic networks that together represent 40 percent of global GDP.
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Bigoted, jingoistic, ethnocentric
- By SEAN on 03-08-19
By: Parag Khanna
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China Goes Global
- The Partial Power
- By: David Shambaugh
- Narrated by: Mark Ashby
- Length: 13 hrs and 36 mins
- Unabridged
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Most global citizens are well aware of the explosive growth of the Chinese economy. Indeed, China has famously become the "workshop of the world." Yet, while China watchers have shed much light on the country's internal dynamics - China's politics, its vast social changes, and its economic development - few have focused on how this increasingly powerful nation has become more active and assertive throughout the world.
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Good summary of China's recent developements
- By Ernest on 12-29-13
By: David Shambaugh
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Stealth War
- How China Took Over While America's Elite Slept
- By: Robert Spalding
- Narrated by: Ray Porter
- Length: 7 hrs and 4 mins
- Unabridged
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The media often suggest that Russia poses the greatest threat to America's national security, but the real danger lies farther east. While those in power have been distracted and disorderly, China has waged a six-front war on America's economy, military, diplomacy, technology, education, and infrastructure - and they're winning. It's almost too late to undo the shocking, though nearly invisible, victories of the Chinese. In Stealth War, retired Air Force Brigadier General Robert Spalding reveals China's motives and secret attacks on the West.
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A General with a backbone loaded with truth "woke"
- By Jason on 10-01-19
By: Robert Spalding
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Dead Aid
- Why Aid Is Not Working and How There Is a Better Way for Africa
- By: Dambisa Moyo, Niall Ferguson - foreword
- Narrated by: Mike Chamberlain
- Length: 6 hrs and 29 mins
- Unabridged
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A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.
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Dangerous / Right Wing US view
- By David O'Donovan on 03-05-19
By: Dambisa Moyo, and others
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China's Economy
- What Everyone Needs to Know®
- By: Arthur R. Kroeber
- Narrated by: Paul Heitsch
- Length: 11 hrs and 31 mins
- Unabridged
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China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s, China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.
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An interesting insight
- By Cole Peters on 11-28-18
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Globalization and Its Discontents
- By: Joseph E. Stiglitz
- Narrated by: Derek Perkins
- Length: 10 hrs and 33 mins
- Unabridged
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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national best-seller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.
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Plea
- By Asma on 10-13-20
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The End of the Asian Century
- War, Stagnation, and the Risks to the World's Most Dynamic Region
- By: Michael R. Auslin
- Narrated by: Dan Woren
- Length: 10 hrs and 37 mins
- Unabridged
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Historian and geopolitical expert Michael Auslin argues that far from being a cohesive powerhouse, Asia is a fractured region threatened by stagnation and instability. Here he provides a comprehensive account of the economic, military, political, and demographic risks that bedevil half of our world, arguing that Asia, working with the United States, has a unique opportunity to avert catastrophe - but only if it acts boldly.
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Wake up Call
- By Daniel B. on 07-07-17
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The China Challenge
- Shaping the Choices of a Rising Power
- By: Thomas Christensen
- Narrated by: Alan Sklar
- Length: 15 hrs and 39 mins
- Unabridged
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Many see China's rise as a threat to US leadership in Asia and beyond. Thomas J. Christensen argues instead that the real challenge lies in dissuading China from regional aggression while eliciting its global cooperation. Drawing on decades of scholarship and experience as a senior diplomat, Christensen offers a deep perspective on China's military and economic capacity. Assessing China's political outlook and strategic goals, Christensen shows how nationalism and the threat of domestic instability influence the party's decisions about regional and global affairs.
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UNDERSTANDING CHINA
- By chetyarbrough.blog on 03-03-23
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Connectography
- Mapping the Future of Global Civilization
- By: Parag Khanna
- Narrated by: Paul Boehmer
- Length: 16 hrs and 13 mins
- Unabridged
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In Connectography, visionary strategist Parag Khanna travels from Ukraine to Iran, Mongolia to North Korea, Pakistan to Nigeria, and across the Arctic Circle to explain the unprecedented changes affecting every part of the planet. He shows how militaries are deployed to protect supply chains as much as borders, and how nations are less at war over territory than engaged in tugs-of-war over pipelines, railways, shipping lanes, and Internet cables. The new arms race is to connect to the most markets.
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Fluffy and Pretentious
- By Kurt Emery Matson on 12-01-16
By: Parag Khanna