THE ONE BELT ONE ROAD OF CHINA

The One Belt, One Road (OBOR) of China is a conception aim to make her gain more trade all over in its peripheral regions, and may take more of the markets of the little and powerless of course, that in plain sight will  defeat weaker/smaller economies and dominate them by the use of trade. 

We cannot set aside the  idea that China, before selling this concept to others about OBOR, had already carefully thought of the gains and advantage it may  reap once the system goes into action. This is what she is doing right now, to make the systems running by advancing investments, pouring in bank loans for countries that might benefit the idea.

Will trade flow favorably to smaller economies in OBOR?, that they will earn from it, or just the system will make China be granted access in their areas other than their goods enter China amid that condition.

First, her manufacturing base is massive than any other countries in the world. With her condition as the factory of the world, none can compete well with position and advantage of China, that any small countires like the Philippines cannot counter the massive trade that this country is doing, unless some measures of economic and manufacturing revolution in the country be taken seriously.  We'll have to be prepared of any eventualities that under our relationship with China, we can be a disadvantage in that situation.

For now, her relationship with Pakistan in lavishing her with billions of US dollars of loans and investmentsfor building their infrastructure to materialize OBOR and bilateral trade can be deceptive if such relationshi flourish mutually. The outcome could not be expected or depended to as true to its goal and objectives, as the question of good faith remains at the moment.

Sri Lanka falls into debt trap with its Hambantota Port falls as equity to its debt by the result of unpaid loans by the Sri Lankan government, that its land was eventually given to Chinese for rent to China for  99  years in an area of 15,000 acres of land displacing people and opportunities for their government. 

In Pakistan, there are indications that once things become in placed, China may shy buying Pakistan products at all, due to she is not capable to compete Chinese products by under this bilateral trade  relations, but surely,  Pakistan will be flooded with Chinese goods without force in the system, the other thing is that China will let a flow of Chinese businesses, investors to import their products, and by this means, China will flood the market of Pakistan by their own system. 

Other countries are slowly getting into  these debt traps, that sooner, Chinese interests  will become a dominant factor for governments meddling their political and economic affairs.

We should further study the OBOR of China, while in that process, we as Filipinos makes initiative in manufacturing and trade to sell our self-versions of one belt regarding the matter. In that case, we should envision winning, that our goal be  instead of buying on the one belt initiative, we must create our systems and poloicies that will address our economic future.