Name: Chinese Investment and Trade Leaves Serbia in a Bind | China Uncensored
Uploaded: 2021-05-25T14:36:15.000Z
Duration: 10 min 10 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

but the Chinese Communist Party sure does.

You might sort of vaguely remember from the '90s

that Serbia was part of the former Yugoslavia,

Anyway, Serbia is a country in Eastern Europe

Some Serbians want to join the European Union

but the standards to get in are really high,

whether they can even meet those standards.

In fact, there are so many forces pulling every which way—

that even the two-headed eagle on the Serbian flag

And that's when China showed up with billions of dollars.

The Chinese Communist Party has offered to make Serbia

the European heart of its massive Belt and Road Initiative,

That's the plan to spread Chinese investment around the world.

And this offer has put Serbia at a difficult crossroads.

It's like, it's Rush Week at your college.

One option is to try to join the honor society frat.

but girls really like going to their parties,

and they kick you out if you get bad grades.

and you heard rumors about the time that Sri Lanka

woke up in a bathtub with a kidney and a port missing.

they have massive environmental problems,

like a “trash mountain and toxic canals.”

“dump raw sewage directly into the Danube and Sava rivers,”

the country has “countless unregulated landfills,”

and it “recycles only around 3 percent of its municipal waste.”

which are to recycle 50 percent of municipal waste.

And according to this European Commision report card

on how close Serbia is to meeting the standards

they're not going to get on the honor roll yet.

There are plenty of areas for improvement,

including respect for fundamental rights,

Serbia has officially been a *candidate* for EU membership

the earliest it could get in to the EU is 2025—

and maybe not at all if it doesn't shape up.

Still, there are benefits to being even just a candidate.

pre-accession financial assistance programs,

Serbia has already received over 4.2 billion dollars

The EU is also the biggest lender to Serbia,

And it's been pressuring Serbian politicians

The Chinese Communist Party frat, meanwhile,

between 2.2 billion and 2.5 billion euros.”

Subtitles ListPlay Video

Chinese Investment and Trade Leaves Serbia in a Bind | China Uncensored

stick

massive

critical

parliament