China’s Belt and Road hasn’t lived up to Xi’s promise

Designed to dwarf even the Marshall Plan, the American program to rebuild Europe after World War II, China’s Belt and Road Initiative (BRI) was first unveiled by President Xi Jinping in a 2013 speech at Nazarbayev University in Kazakhstan. Beijing later pledged to invest US$1 trillion, and by some estimates as much …

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.