China’s Belt and Road Initiative is the most ambitious infrastructure investment effort in history. But is it also a plan to remake the global balance of power?

2023-10-02: Belt and Road is a giant failure

That’s just a mind-bogglingly bad long-term strategy for achieving global leadership. China’s leaders tout their country as the leader of the Global South, but they’re raiding developing countries like their own personal piggy bank. Throughout the whole saga of the Belt and Road, China’s government treated countries like Pakistan, Sri Lanka, and Zambia like Chinese provinces — assuming they could and would strongarm their populations into supporting new infrastructure, prioritizing economic throughput over efficiency and profitability, and counting on those other countries to take the hit when the projects went…er…south.

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