Why China’s Ports Empire Has the US Worried

China has invested more than $60 billion building ports around the world, from Tanzania and Australia to Nigeria and Peru, dwarfing similar investments by any other country. Dominating global trade infrastructure through ports, shipping, highways and rail is a central pillar of China’s Belt and Road Initiative. And it’s paying off, with a network of ports providing strategic advantage amid rising global trade tensions. But this unparalleled influence is also sparking security concerns. Some 14 ports with Chinese majority ownership have been identified as having potential military uses, a fact that has the rest of the world, and particularly the US, concerned. 00:00 Introduction 01:29 China’s ports network 03:38 Ownership model 04:21 Chancay port 06:15 Security concerns 08:00 Trade implications #China #Ports #XiJinping #Trump #TradeWar #Military -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.