No, sorry.
From an economic angle, that level of control is hard power, as removing it, or worse, putting behind an opponent, can be as damaging, and coersive
That’s just objectively untrue. It only becomes hard power when they lean on that influence coercively. The implication that it could be taken away is the literal definition of soft power. A direct threat to take it away as leverage would be hard power.
When China builds a port in Djibouti, the implication is that if Djibouti doesn’t conform largely to China’s geopolitical goals in the region the port could be shut down or funding pulled. That’s soft power, even though it carries conditions, because of the ambiguous and uncertain nature of the consequences. China in this example wouldn’t be exercising “hard power” unless they actively threatened to pull all Chinese shipping to and from the port or change the parameters of the loan structure to get the country to fall in line.









Don’t delete your comments big boy, say it with your chest.