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Belt and Road Initiative

Without question, the much-debated, mammoth Belt and Road Initiative (BRI), is a brainchild of China’s President Xi Jinping. Without question, Xi Jinping has further centralised his powers and, in the process, China has turned more authoritarian. Yet, understanding this gigantic infrastructure investment initiative simply as a top-down project, directed by an almighty leadership in Beijing, is more than questionable. The BRI is open, plural and ever-changing, and, to a large degree what interpreters, Chinese or otherwise, public or private, make of it. Following the pragmatic attitude which has characterised China’s leadership since Deng Xiaoping’s reforms in the 1980s (‘crossing the river by feeling the stones’), Xi Jinping inaugurated the BRI when a great deal of Chinese overseas investments was already …

In 2013, Xi Jinping announced the idea of building a ‘Silk Road Economic Belt’ across Eurasia. A few months later, he proposed a ‘21st Century Maritime Silk Road.’ Five years on, these two projects have been merged in what is arguably the most ambitious economic and diplomatic enterprise of the 21st century: the Belt and Road Initiative (BRI), or One Belt One Road (OBOR). BRI involves over 80 countries across three continents and along six economic “corridors”, plus an additional route to the Arctic. It encompasses 900 infrastructure and development projects with a combined cost of US$900 billion. The Belt and Road Initiative includes projects such as the China-Pakistan Economic Corridor (CPEC), the trans-Eurasian railways network, Ethiopia’s Eastern Industrial Zone …