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China’s Belt and Road Could Have Been Great but Now Threatens to Be Disastrous
Article

China’s Belt and Road Could Have Been Great but Now Threatens to Be Disastrous

Is it too late to salvage something good from Beijing’s monumental development project?


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Editorial Rating

9

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  • Overview
  • Hot Topic
  • Engaging

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China’s mammoth Belt and Road Initiative promises to build energy, transport and digital infrastructure across Asia – and to reach as far west as Rotterdam. Just six years in, the project has already partnered with more than 100 countries; estimates of its eventual size run as high as $1.3 trillion. But Western critics, including the EU and the International Monetary Fund, are pushing back. In a succinct article for Prospect, British journalist Isabel Hilton outlines Western objections to Beijing’s agenda and identifies the West’s best point of leverage.

Take-Aways

  • The EU is raising objections to China’s Belt and Road Initiative (BRI) for a variety of reasons.
  • China’s official rationales for the BRI include promoting prosperity, cooperation, understanding and world peace.
  • The BRI sponsors giant investments in coal-fired power generation that undermine global efforts against climate change.

About the Author

Isabel Hilton is a writer, broadcaster and visiting professor at King’s College London.