The Unintended Economic Impacts of China’s Belt and Road Initiative

September 04, 2020

China’s footprint in global foreign direct investment (FDI) has increased notably since the launch of the Belt and Road Initiative (BRI) in 2013. That served to bring Chinese overseas FDI closer to a level that one would expect, based on the country’s weight in the global economy. China...

The BRI: Keeping the Plates Spinning on China’s Economy

August 19, 2020

For decades, the Chinese government has sold to the world the notion that the Chinese economy can defy gravity, maintaining double-digit GDP growth rates year after year in the 1990s and 2000s, and staying above 6% for all of the previous decade, according to official government statistics. The...

Are China’s New Silk Road Ambitions a Desert Mirage?

August 12, 2020

Anthropogenic climate change and the unprecedented shift in the global center of economic gravity from West to East represent two of the most profound macrotrends set to transform the geopolitical landscape in the 21st century. Indeed, as Asia’s emerging powerhouses, notably China, with its...

Chinese Ambitions for Latin America: What’s the Trade-Off?

As the global COVID-19 pandemic engulfs the world, the grand strategy of revisionist powers will either falter or accelerate. At the dawn of the post-coronavirus world — whenever it might come — the Chinese Communist Party will push forward with its Belt and Road Initiative (BRI), which will...

US Can No Longer Rely on Its Historic Clout in Latin America

May 13, 2019

Instead of attempting to undermine China’s Latin America plan, the United States needs to construct one of its own. On April 12, US Secretary of State Mike Pompeo kickstarted a week of travel to several Latin American countries, where he did not fail to warn of the dangers of a close...

US Falls Behind in the Arctic Arms Race

July 31, 2018

Many international actors have recognized the growing strategic and commercial importance of the Arctic Circle and its newly opening waterways. In August 2017, the Russian tanker Christophe de Margerie completed a northern expedition through the Arctic Circle, traveling from Norway to South...

The Bridge to Connect Asia

November 20, 2017

If built, the Wakhan corridor would strengthen trade between China, Pakistan, Afghanistan and Tajikistan, bringing stability to the region. China, an economic giant, has started the move to revitalize the ancient Silk Road. Its ambitious Belt and Road (B&R) initiative, which includes plans...