As a lender, it is in China’s interest to consider upfront debt treatment for countries with unsustainable debt burdens.
Belt and Road Initiative
The Pakistani military’s attempted rebalancing to the West may anger China and Russia, resulting in more pain for its fledgling economy.
Vietnam’s hedging strategy toward the Belt and Road Initiative serves as a model for other Southeast Asian countries in managing relations with China.
Once a signature project of China’s Belt and Road Initiative, the Addis Ababa light rail service now symbolizes its sustainability challenges.
Chinese development banks made only $3.7 billion in new overseas loan commitments in 2021 — nearly a 96 percent drop from the peak of $87 billion in 2016.
The China-Nepal Railway has the potential to transform the economic geography of South Asia. But it’s a project laden with risk.
Limited in budget and scope, China’s Global Development Initiative represents only a symbolic challenge to the current global economic system.
With Xi Jinping’s visit to Riyadh, China and Saudi Arabia are signaling to the U.S. that the era of American dominance is over.
As China’s Belt and Road Initiative wanes, its neighbors Kyrgyzstan, Nepal, and Pakistan seek financing for rail projects they cannot afford.
China’s Belt and Road Initiative (BRI) continues its downward slide in 2022 as spending on new projects declines and Chinese…