China is using its Belt & Road Initiative to expand not only its economic, industrial and geopolitical clout but to join the world’s major arms exporters as a global power. Thus, it isn’t just China’s ‘loan industry,’ as the Belt and Road Initiative has become known among indebted nations, that is thriving but its military-industrial complex as well despite the fact that the trillion-dollar infrastructure initiative ostensibly remains a purely economic venture, bringing ‘benefits’ to all the participant countries.