China is dominating global infrastructure investment. Experts variously attribute China’s newfound leadership role to the authoritarian nature of its regime, its assertive foreign policy and the country’s government-subsidized construction industry. As three Stanford scholars argue in Foreign Affairs, however, these factors only explain half of the story. getAbstract recommends the article to managers in the building industry and those interested in China’s geopolitical influence.
In this summary, you will learn
- Why China has overtaken Western lending institutions in financing global infrastructure and
- Why China is not getting the returns it envisioned on its overseas investments.
About the Authors
Bushra Bataineh is a doctoral candidate in civil and environmental engineering at Stanford University. Michael Bennon is Managing Director of the Global Projects Center at Stanford University. Francis Fukuyama is a senior fellow at the Freeman Spogli Institute for International Studies.