Monday, October 23, 2023

China Shifts Focus on Belt and Road Initiative

 The South China Morning Post published on 23 October 2023 an article titled "China's Belt and Road Pivots to 'Small Yet Smart' Projects with 'Modest' US$107 Billion Financing Pledge" by Jevans Nyabiage.

China is refocusing the Belt and Road Initiative on "small yet smart" projects going forward.  The days of financing numerous, large infrastructure projects are over.