• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Three Treatment Options To Consider

May 9, 2025

Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

May 9, 2025

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Monday, May 12
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

    May 9, 2025

    OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

    May 9, 2025

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»China’s Investment in the Balkans: A Decade of Discontent
Finance

China’s Investment in the Balkans: A Decade of Discontent

May 9, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
China’s Investment in the Balkans: A Decade of Discontent
Share
Facebook Twitter LinkedIn Pinterest Email

Since China unveiled its plans to include Eastern Europe in the Belt and Road Initiative in 2014, the Western Balkans have become a focal point for investment ventures aimed at upgrading infrastructure, enhancing energy accessibility, and creating employment opportunities. However, the reception to these investments has been far from warm, with many projects provoking prolonged legal disputes and public backlash.

Serbia, the Balkan nation that has the biggest appetite for the expensive and polluting infrastructure projects that China has offered, just celebrated Xi Jinping’s visit to Belgrade with a grand headline in a pro-government newspaper that reads: “May the Light of Our Ironclad Friendship Shine on the Path of China-Serbia Cooperation.” This succinctly summarizes the official narrative regarding a decade of Chinese investments in the country, while the two sides agreed that several billion euro worth of new investment deals will follow. 

Our research shows a rapidly growing public discontent with this official portrait of friendship. We have identified over 52 criminal complaints or protests against Chinese funded projects in Serbia since 2014. Among other things they include accusations of illegal displacement of villagers, illegal demolition of a mountain peak, breaching workers’ rights, and constructing large-scale mines without a working permit or environment impact assessment studies. 

Across the region, the reality of China’s investments begs to tell a different story. Just Finance International mapping has identified over 100 cases of protests and criminal complaints in response to the impacts of Chinese investments in Serbia, Montenegro, Bosnia and Herzegovina, North Macedonia, and Albania between 2014 and 2024. These cases raise fundamental questions about the legality of Chinese investments that, according to local affected populations, have perpetuated environmental degradation, human rights violations, and transparency problems.

See also  The Art of Not Dealing: Inside China’s 3-Ring Strategy for a Prolonged Trade War

Our research underscores the significant environmental, social, and climatic costs incurred by China’s relentless expansion into the Western Balkans. In several instances, political ambitions have apparently negated national laws in favor of economic growth targets, with construction commencing before numerous legal requirements – public tenders, spatial or relocation plans, and environmental impact assessments – were met.

This disregard for legal protocols in pursuit of these development projects has severely impacted the wellbeing and livelihoods of communities across the region. Among other issues, locals have been exposed to air pollution that exceeds national levels, and farmers have been subject to land confiscation without compensation. 

The legal quagmire surrounding these investments is deep and complex, with the outcomes of court cases uncertain and the costs of protracted legal battles – some dragging on for years – mounting for all parties involved. However, the sheer volume of criminal complaints emphasizes the deeply contentious nature of many investments and the growing discontent within affected communities.

Compounding these challenges are reports that Asian laborers – brought to the Western Balkans by the Chinese investors – have protested against a number of issues, including substandard working and living conditions and inadequate payments. An unsettling case of suspected forced labor in the construction of the LingLong tire factory in Zrenjanin, Serbia, illustrates the human toll of unchecked economic expansion, and further highlights the ethical dilemmas inherent in these investments.

Balkans Chinas decade discontent Investment
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

May 7, 2025

China’s Export Economy Under Trump’s Tariff Onslaught The Worst Since COVID

April 30, 2025

‘Silver Lining’: Private Domestic Investment Soared In First Quarter Of 2025

April 30, 2025

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Puccini Was Dying Of Cancer—Hiding His Diagnosis Was A Grave Mistake

June 6, 2023

Economy at critical juncture in inflation fight: central-bank body

June 26, 2023

Best Zero Gravity Chairs For Ultimate Comfort And Pain Relief

November 9, 2024

Even European Union Now Says It’s Time to Deport More Illegals

March 18, 2023
Don't Miss

Three Treatment Options To Consider

Lifestyle May 9, 2025

The most common cause of hair loss in men is male androgenetic alopecia (MAA), otherwise…

Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

May 9, 2025

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025

OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

May 9, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,112)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,629)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

2023 Preakness Stakes: What to Watch For

May 20, 2023

Sen. Markwayne Mullin Challenges Teamsters Leader to MMA Charity Fight: ‘Anyplace, Anytime’

June 28, 2023

Co-Stars Defend Danny Masterson In Letters To The Judge Following His Sentencing

September 9, 2023
Popular Posts

Three Treatment Options To Consider

May 9, 2025

Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

May 9, 2025

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.