Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.
Chinese infrastructure funding is as likely to go outside of Beijing's six defined economic corridors as it is to go in them; indicating a possible lapse of control from the central government. This could present opportunities for its partners and competitors, writes Jonathan Hillman in the Nikkei Asian Review.
Five years since it was announced, China’s Belt and Road Initiative (BRI) has yet to materialize on the ground as promised. According to Chinese officials, the BRI includes six economic corridors that will carry goods, people, and data across the Eurasian supercontinent. But a statistical analysis of 173 infrastructure projects finds that Chinese investment is just as likely to go outside those corridors as within them.
Pakistan's new prime minister Imran Khan is deciding whether the country should turn to the International Monetary Fund or to China for financial support. The new administration must resolve its shortage of foreign exchange reserves caused by a sharp increase in imports through BRI-related projects and the redemption of external debt.
Rather than being roundly welcomed, China's Belt and Road investment and finance decisions have become cause for concern for some receiving states, according to the Nikkei Asian Review..
Energy projects account for more than 60 percent of the roughly $62 billion in investment along the China-Pakistan Economic Corrdior. While CPEC's power plants have the potential to greatly increase access to electricity for Pakistan’s population, they could also pose serious risks to surrounding wildlife.
Pakistan is offering an ambitious tax amnesty program which it hopes will help the country borrow $60 billion from China and commercial sources for the China-Pakistan Economic Corridor.
A special report by Nikkei Asian Review and The Banker which leverages data from the CSIS Reconnecting Asia Project has found that China's Belt and Road initiative holds considerable promise for countries in need of infrastructure investment along its route, however, participation has been hampered by challenges ranging from a lack of participation by local workers and banks to unmanageable debt hangovers.
As Europe disappears, Asia coheres. The supercontinent is becoming one fluid, comprehensible unit of trade and conflict, as the Westphalian system of states weakens and older, imperial legacies – Russian, Chinese, Iranian, Turkish – become paramount.
Nearly three years into CPEC, a number of projects have moved forward at breakneck speed, yet costs remain high and political rivalries still threaten to derail progress.
Reconnecting Asia is tracking developments across a vast landmass that includes 60 percent of the global economy. Every day, new infrastructure projects are announced, some are advanced, and others encounter obstacles. Here is a selection of the top projects to watch in 2018.
Quotes and Quotas is a weekly digest of powerful phrases and facts that help explain Asia’s infrastructure push.
This analysis evaluates the proximity of Pakistan's population to the China-Pakistan Economic Corridor's highway network.
Indian Prime Minister Narendra Modi hopes to balance against Chinese influence in the region with his "Make in India" campaign by drawing private sector involvement and increased competition.
Ultimately, CPEC may have a great effect in Pakistan and on Pakistan-China relations, but it does not address issues of connectivity in South Asia.
Since it was launched two years ago, the China-Pakistan Economic Corridor has sparked praise, skepticism, and even violence, resulting in widespread confusion about what’s driving this $55 billion energy and infrastructure effort, and how it will impact the region.
Gilgit-Baltistan has a rich history of connections to the Ancient Silk Road. Today the region once again finds itself at the intersection of a new Silk Road being paved by China, despite geographic and political challenges.
A selection of the top projects we’re watching this year.
The China-Pakistan Economic Corridor (CPEC) traverses some of the world’s most dangerous terrain. Terrorist attacks have declined in Pakistan, but insecurity remains a major risk for ambitious projects.
What is new about China's Belt and Road is that it is more likely to succeed outside of Eurasia, leading to new opportunities but also unexpected challenges for Europe and the United States.
CPEC may have a parallel outside the infrastructure space. In the computer industry, vaporware is a term used to describe a product or piece of software that is announced but never completed.
Islamabad will double the number of guards protecting Chinese workers on the China-Pakistan Economic Corridor from 15,000 to 30,000, Nikkei reports.
India and China want stronger economic ties, Amy Kazmin reports in today’s Financial Times, but infrastructure investment in Kashmir remains a point of contention.