• About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST
TFI Official Merchandise
हिन्दी
Saturday, May 21, 2022
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Turks want “Pervert Pakistanis” to leave their country immediately

    Turks want “Pervert Pakistanis” to leave their country immediately

    In a country with IITian CMs, a saffron-clad Yogi is leading the digital revolution of India’s legislature

    In a country with IITian CMs, a saffron-clad Yogi is leading the digital revolution of India’s legislature

    Akhilesh loses his Hindu votes forever with one extremely anti-Hindu statement

    Akhilesh loses his Hindu votes forever with one extremely anti-Hindu statement

    Gyanvapi thieves are the stupidest morons in the history of mankind

    Gyanvapi thieves are the stupidest morons in the history of mankind

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    green energy

    With gasification of coal, India takes a step ahead towards clean energy

    Adani

    Gautam Adani comes across as a compulsive, obsessive shopaholic

    Vistara and Air India

    Time for a bold prediction – TATA will merge Vistara and Air India

    They kept abusing Adani until one day Adani bought them, A Quint Saga

    They kept abusing Adani until one day Adani bought them, A Quint Saga

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Global Air Powers Rankings

    India beats China in Global Air Power Ranking 2022

    Sham no Varunah: India begins its total dominance in the seas

    Sham no Varunah: India begins its total dominance in the seas

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    Ajit Doval warning

    Ajit Doval makes it clear that Balakot and surgical strikes are only the beginning

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    FY Exports

    From curing the world to feeding it: PM Modi’s India is leading the world by example

    There could be many poles in the new world order but India is definitely the centre of it

    There could be many poles in the new world order but India is definitely the centre of it

    Necklace of Diamonds

    How India’s ‘Necklace of Diamonds’ outsmarted China’s ‘String of Pearls’ in the Indian Ocean

    OIC Pakistan

    Indian Foreign Ministry rips into Pak and its Arabian masters for bad-mouthing delimitation in J&K

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    seven-day week

    24 hours, 1440 minutes, 86400 seconds: How Aryabhatta derived it and the West appropriated it

    Qutub Minar observatory

    Was Qutub Minar Raja Vikramaditya’s celestial observatory?

    The most important reason why CM Yogi won’t rename Lucknow

    The most important reason why CM Yogi won’t rename Lucknow

    Intermittent Fasting

    The West is repackaging and selling Vrata/Upwaas as “Intermittent Fasting”

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Anand movie poster

    Some masterpieces must not be touched, and Anand is one of them

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    actor nawaz

    Happy Birthday to Nawazuddin Siddique: The most overrated actor of recent times

    Intermittent Fasting

    The West is repackaging and selling Vrata/Upwaas as “Intermittent Fasting”

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Turks want “Pervert Pakistanis” to leave their country immediately

    Turks want “Pervert Pakistanis” to leave their country immediately

    In a country with IITian CMs, a saffron-clad Yogi is leading the digital revolution of India’s legislature

    In a country with IITian CMs, a saffron-clad Yogi is leading the digital revolution of India’s legislature

    Akhilesh loses his Hindu votes forever with one extremely anti-Hindu statement

    Akhilesh loses his Hindu votes forever with one extremely anti-Hindu statement

    Gyanvapi thieves are the stupidest morons in the history of mankind

    Gyanvapi thieves are the stupidest morons in the history of mankind

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    green energy

    With gasification of coal, India takes a step ahead towards clean energy

    Adani

    Gautam Adani comes across as a compulsive, obsessive shopaholic

    Vistara and Air India

    Time for a bold prediction – TATA will merge Vistara and Air India

    They kept abusing Adani until one day Adani bought them, A Quint Saga

    They kept abusing Adani until one day Adani bought them, A Quint Saga

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Global Air Powers Rankings

    India beats China in Global Air Power Ranking 2022

    Sham no Varunah: India begins its total dominance in the seas

    Sham no Varunah: India begins its total dominance in the seas

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    A comprehensive list of weapons India manufactured and procured in the last 24 months

    Ajit Doval warning

    Ajit Doval makes it clear that Balakot and surgical strikes are only the beginning

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    FY Exports

    From curing the world to feeding it: PM Modi’s India is leading the world by example

    There could be many poles in the new world order but India is definitely the centre of it

    There could be many poles in the new world order but India is definitely the centre of it

    Necklace of Diamonds

    How India’s ‘Necklace of Diamonds’ outsmarted China’s ‘String of Pearls’ in the Indian Ocean

    OIC Pakistan

    Indian Foreign Ministry rips into Pak and its Arabian masters for bad-mouthing delimitation in J&K

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    seven-day week

    24 hours, 1440 minutes, 86400 seconds: How Aryabhatta derived it and the West appropriated it

    Qutub Minar observatory

    Was Qutub Minar Raja Vikramaditya’s celestial observatory?

    The most important reason why CM Yogi won’t rename Lucknow

    The most important reason why CM Yogi won’t rename Lucknow

    Intermittent Fasting

    The West is repackaging and selling Vrata/Upwaas as “Intermittent Fasting”

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Anand movie poster

    Some masterpieces must not be touched, and Anand is one of them

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    ‘Dhaakad’ Kangana is now a fan of ‘Dabangg’ Salman

    actor nawaz

    Happy Birthday to Nawazuddin Siddique: The most overrated actor of recent times

    Intermittent Fasting

    The West is repackaging and selling Vrata/Upwaas as “Intermittent Fasting”

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
TFIPOST
No Result
View All Result

Donald Trump breaks the back of China by slapping sanctions on CCCC, the company that carries out BRI projects

Akshay Narang
by Akshay Narang
27 August 2020
in Asia Pacific
0
China, CCCC, Trump
2.3k
VIEWS
Share on FacebookShare on Twitter

As the US-China rivalry in the South China Sea intensifies, the US President Donald Trump has now started hitting China where it hurts the most- Xi Jinping’s flagship Belt and Road Initiative (BRI). The United States has now started targeting the lifeline of the BRI- the infamous China Communications Construction Company (CCCC), which has a confessed portfolio of 700 projects in more than 100 countries with overseas investments worth 170 billion US dollars.

The latest pushback from the US comes amidst heightened Sino-American tensions in the South China Sea. First, the US spy planes flew into the Chinese airspace for two days in a row during live-fire drills and then Beijing fired four missiles into the contested waterways. Trump has responded by sanctioning 24 Chinese companies for helping China build “military islands in the South China Sea.” These companies include CCCC subsidiaries and the sanctions have caused a severe jolt to Xi Jinping’s BRI.

US Commerce Secretary Wilbur Ross said, “The United States, China’s neighbours, and the international community have rebuked the CCP’s sovereignty claims to the South China Sea and have condemned the building of artificial islands for the Chinese military.”

He further added, “The entities designated today have played a significant role in China’s provocative construction of these artificial islands and must be held accountable.”

The move to impose visa and trade restrictions on the CCCC subsidiaries is a statement of intent from the Trump administration. It is showing how it can cause irreparable damage to Xi Jinping’s BRI- a trillion Dollars project to establish Chinese hegemony in every corner of the world from Latin America to West Asia and Africa, and from Europe to Asia-Pacific.

As such, the CCCC forms the fulcrum of China’s BRI ambitions. It is the largest infrastructure provider in entire China in terms of the contract value. Highways, Expressways, airports, seaports, industrial parks, subways, property development and rail-road projects, the China Communications Construction Company builds everything that you can imagine.

CCCC has a massive global footprint to power its ambitions with a total of 60 subsidiaries and 240 branches, research institutes and service hubs spread across a total of 118 countries and regions. CCCC has a presence in every part of the world, including Europe, the Indian Ocean Region, Southeast Asia, the Middle East and the Americas. It doesn’t, therefore, come as a surprise that the company holds a major portion of the trillion-Dollar BRI project.

Now, by sanctioning some of the CCCC subsidiaries, the Trump administration is showing the ample scope that Washington has in hurting Beijing’s global interests by targeting the Beijing-based infrastructure company. The US reserves the right to strategically choose the CCCC subsidiaries involved in BRI projects around the world and sanction them at a breakneck speed.

Moreover, Trump also has a legitimate excuse to banish the CCCC units, as the Infrastructure Company has been “enabling the People’s Republic of China to reclaim and militarize disputed outposts in the South China Sea.”

Meanwhile, ominous signs for the China Communications Construction CO. are also coming from the US Secretary of State Mike Pompeo himself. In a statement, he said, “Today, the Department of State will begin imposing visa restrictions on People’s Republic of China (PRC) individuals responsible for, or complicit in, either the large-scale reclamation, construction, or militarization of disputed outposts in the South China Sea, or the PRC’s use of coercion against Southeast Asian claimants to inhibit their access to offshore resources,”

A senior US State Department official also described the visa restrictions as a “mere start” of what more action the US could take against China for its reclamation work in the disputed South China Sea.

Moreover, it is going to be a cakewalk for Trump to sanction even the CCCC as a whole, even apart from the South China Sea. The gigantic Chinese infrastructure company is rather infamous for several reasons, including fraud, corruption, price collusion and even kickbacks.

CCCC does have a troubled past. In 2009, the World Bank blacklisted it for eight years over allegations of fraudulent bidding practices by the CCCC road-building subsidiary in a Philippines Highway project. In 2009 itself, the same CCCC road-building subsidiary also faced allegations of paying a kickback of 19 million US dollars to the Equitorial Guinea President’s son to win a highway project. It continued to face allegations of corruption and substandard quality in subsequent years in countries like Australia and Malaysia.

Clearly, the China Communications Construction Co. is not the most reputed of conglomerates which is also self-explanatory given that CCCC is a Chinese State-owned infrastructure provider. The Trump administration has thus found a stick to beat Beijing in the form of CCCC. The BRI will be cut to size if the US decides to go for the jugular against this company and it seems that Trump might have already started by weaponizing the Chinese infrastructure giant’s role in militarisation of the South China Sea.

Tags: ChinaDonald Trump
Share460TweetSend
Previous Post

Freedom of Expression: The convenient ownership of the idea by the dogmatic Indian Left

Next Post

Gen. VK Singh defeats Congress party eight years after he was accused of staging a coup

Akshay Narang

Akshay Narang

Patriot, Political Analyst, Amateur Historian

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Turks want “Pervert Pakistanis” to leave their country immediately

Turks want “Pervert Pakistanis” to leave their country immediately

21 May 2022
In a country with IITian CMs, a saffron-clad Yogi is leading the digital revolution of India’s legislature

In a country with IITian CMs, a saffron-clad Yogi is leading the digital revolution of India’s legislature

21 May 2022
Akhilesh loses his Hindu votes forever with one extremely anti-Hindu statement

Akhilesh loses his Hindu votes forever with one extremely anti-Hindu statement

21 May 2022
Gyanvapi thieves are the stupidest morons in the history of mankind

Gyanvapi thieves are the stupidest morons in the history of mankind

21 May 2022

Popular This Week

5 Actors who would have looked better as Prithviraj Chauhan than Akshay Kumar
Cinema

5 Actors who would have looked better as Prithviraj Chauhan than Akshay Kumar

by Tanya Trivedi
17 May 2022
reliance brands
Trending

Mukesh Ambani is out to challenge Pepsi and Coca-Cola

by Rahul Gupta
17 May 2022
They kept abusing Adani until one day Adani bought them, A Quint Saga
Business

They kept abusing Adani until one day Adani bought them, A Quint Saga

by Abhishek Kumar Singh
16 May 2022
Vistara and Air India
Business

Time for a bold prediction – TATA will merge Vistara and Air India

by Abhishek Kumar Singh
17 May 2022
Kerala crisis
Trending

Kerala government goes bankrupt

by TFIPOST News Desk
14 May 2022

©2022 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFI Official Merchandise
हिन्दी
  • About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST

©2022 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost