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What's Changing? - Belt & Road Initiative
Belt & Road Initiative
Halcyon In Business 17 December 2020

 

Introduction

China's Belt and Road infrastructure initiative is one of the most ambitious geopolitical projects ever. By 2027, it aims to dish out an estimated $1.3 trillion in loans, around ten times what the US spent on the Marshall Plan in the aftermath of World War II. As China increases its investment in the West, will countries' loyalty shift toward Beijing? About 80 countries have already joined, and dozens more are flirting with the idea. For a world that badly needs more and better infrastructure, Belt and Road is a good thing