Jeff Luse writes in RealClearWorld on how the United States can counter China’s Belt and Road Intiative.
- Last year China invested $56.5 billion into its Belt and Road Initiative (BRI), which funds infrastructure and energy projects in developing nations.
- The BRI presents a challenge to expanding economic freedom and reducing emissions, as a majority of projects are powered with dirty coal.
- To counter China’s growing influence in the developing world, the United States should export economic freedom through increased trade relations with key allies.
- Doing so well benefit emerging economies and the environment for years to come.
“This multifaceted effort would provide a win for economic freedom and the environment worldwide. Rather than having the CCP serve as its loan shark, the developing world could see firsthand the benefits of American values such as democracy and free enterprise, creating allies and partners for years to come.”
Read the full article here.