USA vs China: A new Cold War? | To the point

Consulate closures. Trade war. Military manoeuvres. Tensions continue to rise between the superpowers USA and China. Is it the beginning of a new Cold War?

China's trillion dollar plan to dominate global trade

China's Belt and Road Initiative is the most ambitious infrastructure project in modern history. It spans over 60 countries and will cost over a trillion dollars. The plan is to make it easier for the world to trade with China, by funding roads, railways, pipelines, and other infrastructure projects in Asia and Africa. China is loaning trillions of dollars to any country that's willing to participate and it's been a big hit with the less democratic countries in the region. This makes the BRI a risky plan as well. But China is pushing forward because its goals are not strictly economic, they're also geopolitical.